Govini‘s latest Federal Scorecard report points to a “highly competitive” government contracting space in 2014 with the Commerce Department leading in agency spending percentage increase and Lockheed Martin ahead in captured contract revenue.
“The annual scorecard gives the market an opportunity to look at federal spending from a macro level and, through analytics, explain the trends that drove major contracts and procurements in the past year,” Eric Gillespie, Govini founder and CEO, said Tuesday.
The report noted that current projects in technical engineering and information technology systems development at the U.S. Patent and Trademark Office are the main drivers in Commerce’s $2.9 billion spending in contracts over the past year, which is a 27.7-percent increase compared to 2013.
Meanwhile, the departments of Housing and Urban Development, Treasury and Defense all experienced a dip in contract dollars spent, with the first two having the greatest percentage decrease.
Govini also found that Lockheed led other vendors in contracts with the Energy and Transportation departments, NASA, the U.S. Air Force and the General Services Administration, capturing approximately $14 billion in total revenue from these agencies.