NC businesses executed $7.3 billion in federal prime contracts in FY 2021: NCMBC

North Carolina businesses executed $7.3 billion in federal prime contracts in the state in the 2021 fiscal year. This included $3.8 billion in Department of Defense (DoD) prime contracts.

This data was outlined in a March 24 statement by the The North Carolina Military Business Center (NCMBC), a business development and technology transition entity of the State of North Carolina, embedded in the State’s community colleges and headquartered at Fayetteville Technical Community College.

“Each of these prime contracts – and perhaps billions more in subcontracts – grows jobs, expands the economy and tax base and improves quality of life for everyone in North Carolina,” said NCMBC executive director Scott Dorney.  “The defense and federal economy in North Carolina remained strong in 2021, as the COVID- and hurricane-related surge of 2020 passed and businesses across the state leveraged sustained opportunities to grow their federal business portfolios.”

Fiscal year 2021 figures:

• Prime contracts from all federal agencies executed in North Carolina: $7.3 billion
• Department of Defense prime contracts executed in North Carolina: $3.8 billion
• Business in 97 counties performed work for the federal government as prime contractors
• Businesses in 82 counties performed work for the Department of Defense as prime contractors
• Businesses in 35 counties performed over $10 million in federal prime contracts
• Businesses in 15 counties performed over $75 million in federal prime contracts, including:
  • Cumberland: $1,457,469,978.57
  • Durham: $1,203,204,600.08
  • Onslow: $908,575,466.07
  • New Hanover: $478,558,731.31
  • Pasquotank: $409,865,905.30
  • Wake: $385,514,339.74
  • Craven: $340,178,935.13
  • Robeson: $321,813,220.65
  • Mecklenburg: $236,819,475.07
  • Guilford: $216,748,217.59
  • Buncombe: $156,585,331.08
  • Orange: $113,155,795.33
  • Alamance: $108,869,304.68
  • Wayne: $94,142,203.24
  • Rockingham: $92,403,399.09