Who really earns every federal dollar.

The government publishes every contract it awards - but the money is recorded under subsidiary names that are hard to untangle. Appropria connects each award to the public company that earns it, using only public records.

Appropria is a research data product - not an investment adviser. Nothing here is investment advice.

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Appropria
DAILY
New federal obligations · latest window
$3.0B
across 41 public companies
By new obligations
LMTLockheed Martin
+$1.60B
BABoeing
+$821M
RTXRTX Corp
+$366M
NOCNorthrop Grumman
+$97M
Why it matters

Contract awards are public months before revenue is reported.

The government commits the money now; the company books the revenue over the following quarters; it appears in their financial filings months later. Appropria makes that public contract data clean and attributable, so you can study federal funding trends in your own research.

ANALYSTS

Track federal bookings

Follow a company’s federal contracts between earnings.

PORTFOLIO MGRS

Track contract wins & losses

Catch new awards and lost recompetes early.

CORP DEV / CI

Map competitive exposure

See which competitors win federal work in your segment.

DATA TEAMS

A clean point-in-time dataset

Daily, lag-corrected obligation history, analysis-ready.

How it works

Two public sources. One hard problem, solved.

01 · INGEST

Pull the public data

Every federal contract from USASpending, plus each company’s subsidiary list from SEC.

02 · RESOLVE

Match names to companies

We match each oddly-named recipient to its real public company, and grade every match.

03 · PUBLISH

Capture it daily

We capture it daily and fix late reporting - including changes USASpending never shows.

Read the full methodology →
One company, many names

Why fuzzy matching matters

One company, many federal recipient names - resolved by exact and fuzzy matching Seven differently-named federal recipients all belong to General Dynamics; four match exactly, three only via fuzzy matching, all rolling up to ticker GD. FEDERAL RECIPIENT NAMES (as written in the data) ELECTRIC BOAT CORPEXACT NATIONAL STEEL & SHIPEXACT BATH IRON WORKSEXACT GD MISSION SYSTEMSFUZZY GEN. DYNAMICS ITFUZZY GD LAND SYSTEMSFUZZY GULFSTREAM AEROSPACEEXACT Resolve normalize + exact & fuzzy match GD NYSE General Dynamics Corp 7 names → 1 company $18.2B obligations attributed · 3 via fuzzy Exact match Fuzzy match - a name variation exact matching would miss
Seven federal recipient names all belong to General Dynamics. Four match exactly; three only resolve through fuzzy matching - miss those and GD’s federal exposure is undercounted.
See it in action

One company, dozens of names.

Federal money flows to subsidiaries under names that never mention the parent. Pick a company - Appropria resolves them all to one ticker.

16 federal recipient names
 
→
GD
What you'd miss without resolution
Track it over time

Every award, rolled up and trended.

Once each recipient resolves to its ticker, a company’s entire federal book becomes one clean series - trailing-12-month obligations, month by month. Pick a company.

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Trailing-12-month federal contract obligations (USASpending.gov), attributed to each ticker via subsidiary resolution. Hover the line for any month. Figures update when the dataset refreshes.
The dataset

One dataset. Weekly or daily.

Every federal award, mapped to the public company that earns it - the same data, at the cadence you need.

Weekly

Attributed records

Fundamental & defense analysts · corp dev
  • Every federal award → its real ticker
  • Subsidiary-resolved company totals
  • Agency & program detail
  • Trailing-12-month trend & YoY
  • Refreshed weekly, lag-corrected
Daily · point-in-time

Everything weekly, plus…

Data teams · systematic research
  • The same records, refreshed daily
  • Day-over-day change in each company’s total
  • Captured point-in-time - what the data said each day
  • A history the source overwrites

Sample · the dataset attributed records

Attributed recordsevery award → its real ticker
Recipient (as filed)TickerCompanyAgencyTotal obligated
ELECTRIC BOAT CORPGDGeneral DynamicsNavy$214M
HUMANA GOVERNMENT BUSINESSHUMHumanaDoD$156M
SIKORSKY AIRCRAFTLMTLockheed MartinNavy$92M
SCIENCE APPLICATIONS INTLSAICSAICNASA$61M
BOOZ ALLEN HAMILTONBAHBooz AllenArmy$48M

What the daily tier adds day-over-day changes

Daily changeshow each company’s total moved UPDATED DAILY
CompanyTickerWindowNew obligations
Lockheed MartinLMTJun 19 → 21+$1.60B
BoeingBAJun 19 → 21+$821M
RTXRTXJun 19 → 21+$366M
AeroVironmentAVAVJun 19 → 21+$118M
Northrop GrummanNOCJun 19 → 21+$97M

Provided for research and informational purposes only - not investment advice.

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Disclaimer. Appropria provides data and analytics for research and informational purposes only. It is not investment advice, nor a recommendation, offer, or solicitation to buy or sell any security. Built solely on US public records (USASpending.gov and SEC EDGAR); figures are subject to revision as agencies update their filings. US data only.