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Industry · NAICS 332721 · sector 31-33 Manufacturing

Precision Turned Product Manufacturing

Federal contract obligations classified under NAICS 332721, the organisations that win them and the agencies that award them.

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.

Federal agencies obligated $13M in contracts classified under NAICS 332721, Precision Turned Product Manufacturing, in FY2026, and $72M over the five fiscal years since FY2023; the industry ranks 464 of 526 on this site.

Obligations were down 28% on FY2025 ($18M), with $0 so far in FY2027.

The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were Astro Machine Works Inc ($4.3M), Beaver Aerospace & Defense, Inc. ($2.7M) and Bowhead Avionics Manufacturing, LLC ($2.2M).

By place of performance, the most money went to VA, MI and FL.

$13Mcontract obligations, FY2026FY2026 (1 Oct 2025 – 30 Sep 2026) · obligations
$72Mfive-year totalFY2023–FY2027 to date · obligations
$0FY2027 to dateFY2027 · obligations
464 of 526rank among industries on this sitefive-year obligations
8awards of $1.0M+ since FY2023FY2023–FY2027

Contract obligations by fiscal year

$21M
$20M
$18M
$13M
$0
FY2023FY2024FY2025FY2026FY2027*
Contract obligations under NAICS 332721 by fiscal year. *FY2027 runs to the data date and is incomplete.

Compared with the largest industry FY2026

MeasureThis industryAircraft ManufacturingAll contracts
Contract obligations, FY2026$13M$45B$716B
Five-year total$72M$211B$3.0T
Share of all contract obligations, five years0%7.1%100%

Top contractors $1.0M+ award value since FY2023

#OrganisationAwardsAward value
1Astro Machine Works Inc2$4.3M
2Beaver Aerospace & Defense, Inc.1$2.7M
3Bowhead Avionics Manufacturing, LLC1$2.2M
4Iso Group Inc1$1.6M
5Military Systems Group, Inc.1$1.4M
6Vast Industries, LLC1$1.1M
7Mainstream Engineering Corp1$1.1M

Buying agencies $1.0M+ awards

Where the work is performed

Largest awards since FY2023

RecipientAwarding agencyTypeAward valueBegunPlaceRecord
Beaver Aerospace & Defense, Inc.Department of DefenseDefense Logistics AgencyContractDefinitive Contract$2.7M27 Mar 2025MIUSAspending
Astro Machine Works IncDepartment of DefenseDepartment of the NavyContractDelivery Order$2.4M10 Aug 2023VAUSAspending
Bowhead Avionics Manufacturing, LLCDepartment of DefenseDepartment of the NavyContractDelivery Order$2.2M17 Apr 2024VAUSAspending
Astro Machine Works IncDepartment of DefenseDepartment of the NavyContractDelivery Order$2.0M13 Apr 2023VAUSAspending
Iso Group IncDepartment of DefenseDefense Logistics AgencyContractDefinitive Contract$1.6M4 Jun 2026FLUSAspending
Military Systems Group, Inc.Department of DefenseDepartment of the NavyContractDelivery Order$1.4M24 Jul 2023VAUSAspending
Vast Industries, LLCDepartment of DefenseDepartment of the ArmyContractDefinitive Contract$1.1M14 Mar 2023LAUSAspending
Mainstream Engineering CorpDepartment of DefenseDefense Logistics AgencyContractDefinitive Contract$1.1M1 Feb 2023FLUSAspending

Other industries in sector 31-33: Manufacturing

Questions and answers

How much does the federal government spend on NAICS 332721?

$13M in contract obligations classified under Precision Turned Product Manufacturing in FY2026, $72M over the five fiscal years since FY2023. Obligations are commitments, not payments.

Who are the top contractors in Precision Turned Product Manufacturing?

Astro Machine Works Inc ($4.3M), Beaver Aerospace & Defense, Inc. ($2.7M), Bowhead Avionics Manufacturing, LLC ($2.2M), Iso Group Inc ($1.6M), Military Systems Group, Inc. ($1.4M), by the value of $1M-plus awards since FY2023.

Which agencies buy in this industry?

By the value of $1.0M-plus contracts since FY2023: Department of Defense ($14M).

What is a NAICS code?

In USAspending's words: "NAICS stands for the North American Industrial Classification System. This 6-digit code tells you what industry the work falls into. Each contract record has a NAICS code." Assistance awards (grants, loans, direct payments) carry no NAICS code and are not counted here.

Provenance

Source: USAspending.gov API v2, spending by category (NAICS) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 NAICS list, so small amounts in a state may be missing. See methodology.