Recipients › Maryland › Phillips Corporation
Recipient organisation · UEI YFJ5M3N6EKY8
Phillips Corporation
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. View the USAspending recipient profile.
Phillips Corporation, of Hanover, MD, was obligated $138M in federal awards across the 4 fiscal years in which it reached the $1.0M listing floor (2023, 2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $19M, of which $19M (100%) came through contracts.
That is down 61% on FY2025 ($47M).
Phillips Corporation ranks 221 of 1,357 listed organisations located in MD by five-year obligations, and 4,245 of 30,989 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Defense and General Services Administration: 20 awards worth $61M in total award value.
Its largest contract industry is NAICS 811310 (Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance), where it ranks 10 of 101 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $35,416,513 | $35,416,513 | $0 | — |
| FY2024 | $37,341,678 | $37,341,678 | $0 | +5% |
| FY2025 | $47,142,155 | $47,142,155 | $0 | +26% |
| FY2026 | $18,531,369 | $18,531,369 | $0 | -61% |
| FY2027 to date | under $1.0M | — | — | — |
A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.
Compared with its state and the largest recipients five listed years
| Measure | This organisation | Largest in MD | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $138M | $48B | $416B |
| FY2026 obligations | $19M | $13B | $118B |
| Contracts, five years | $138M | under $1.0M | $94B |
| Assistance, five years | $0 | $48B | $416B |
| Rank by five-year obligations | 4,245 of 30,989 | 1 of 1,357 in MD | 1 |
Largest in state: Maryland Department of Health. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.
Awarding agencies $1.0M+ awards since FY2023
| # | Agency | Awards | Award value | Share |
|---|---|---|---|---|
| 1 | Department of Defense | 18 | $51M | 83% |
| 2 | General Services Administration | 2 | $10M | 17% |
Contract industries NAICS
Rank within NAICS 811310: 10 of 101 organisations by $1.0M+ award value; see Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.
Places of performance $1.0M+ awards
Counties: Portsmouth city, VA $23M · Howard County, MD $21M · Anne Arundel County, MD $4.8M · Montgomery County, MD $3.8M · Rock Island County, IL $2.4M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $6.2M | 22 Jan 2026 | VA | USAspending |
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $6.0M | 23 Jan 2025 | VA | USAspending |
| General Services AdministrationFederal Acquisition Service | ContractPurchase Order | 333994 Industrial Process Furnace and Oven Manufacturing | $5.3M | 29 Sep 2025 | MD | USAspending |
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $5.2M | 26 Jan 2024 | VA | USAspending |
| General Services AdministrationFederal Acquisition Service | ContractPurchase Order | 333517 Machine Tool Manufacturing | $4.8M | 24 Sep 2025 | MD | USAspending |
| Department of DefenseDefense Logistics Agency | ContractPurchase Order | 333517 Machine Tool Manufacturing | $3.9M | 17 Oct 2023 | MD | USAspending |
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $3.8M | 4 Sep 2025 | MD | USAspending |
| Department of DefenseDefense Logistics Agency | ContractPurchase Order | 333517 Machine Tool Manufacturing | $3.1M | 29 Nov 2023 | MD | USAspending |
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $3.0M | 21 Mar 2023 | VA | USAspending |
| Department of DefenseDefense Logistics Agency | ContractPurchase Order | 333517 Machine Tool Manufacturing | $2.9M | 30 Jun 2023 | MD | USAspending |
| Department of DefenseDepartment of the Navy | ContractDelivery Order | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $2.6M | 9 Feb 2023 | VA | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 333517 Machine Tool Manufacturing | $2.4M | 12 Aug 2024 | IL | USAspending |
Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.
- $6.2M, Department of Defense, 22 Jan 2026: IPE PREVENTIVE MAINTENANCE OPTION YEAR 3 EXERCISE
- $6.0M, Department of Defense, 23 Jan 2025: IPE MAINTENANCE PROGRAM MANAGEMENT
- $5.3M, General Services Administration, 29 Sep 2025: AFLCMC HEAT TREAT FURNACES
- $5.2M, Department of Defense, 26 Jan 2024: IPE MAINTENANCE PROGRAM MANAGEMENT
- $4.8M, General Services Administration, 24 Sep 2025: AFLCMC MACHINING CENTER ENGINE LATHE
- $3.9M, Department of Defense, 17 Oct 2023: 8510172511!IPE - ABRASIVE CUTTING EQUPME
- $3.8M, Department of Defense, 4 Sep 2025: WAAM 3RD DO/TO
- $3.1M, Department of Defense, 29 Nov 2023: 8510216080!IPE - TUBE AND PIPE EQUIPMENT
Questions and answers
How much federal money does Phillips Corporation receive?
$138M in award obligations over the fiscal years it is listed for (FY2023: $35M; FY2024: $37M; FY2025: $47M; FY2026: $19M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Phillips Corporation?
By the value of $1.0M-plus awards begun since FY2023: Department of Defense ($51M) and General Services Administration ($10M).
What is the money for?
Contracts are classified under NAICS 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, NAICS 333517 Machine Tool Manufacturing and NAICS 333994 Industrial Process Furnace and Oven Manufacturing.
Where is the work performed?
Primary places of performance for its larger awards: MD ($30M), VA ($25M), IL ($2.4M) and MI ($1.7M).
Is Phillips Corporation a large federal recipient?
It ranks 4,245 of 30,989 organisations on this site by five-year obligations and 221 of 1,357 located in MD. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.
Where does this data come from?
USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.
Provenance
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.