30 Companies With the Largest COVID-19 Government Contracts
The coronavirus pandemic
has caught governments worldwide unprepared, and many enlisted the private sector to help.
The United States was no different, with President Donald Trump even invoking the Defense Production Act.
The federal government
has mobilized thousands of companies — including some of the largest in the world — awarding them contracts worth hundreds of millions of dollars to help in the response to the COVID-19 pandemic.
Since the outbreak began, the federal government, through its various departments and agencies,
has committed a combined $15.2 billion to nearly 4,000 companies —
including multinational conglomerates like 3M and General Electric.Under the terms of existing contracts, government spending with these companies could climb as high as $24.8 billion.
Based on contract information
published in the Federal Procurement Data System,
24/7 Wall St. identified the 30 companies getting the most from the government in COVID-19 related contracts.
We ranked companies based on the maximum potential value of their contracts — the maximum value includes the base value of the order as well the value of all potential options.
It is important to note that in most cases the government has not yet exercised all contractual options and the money these companies have received represents a portion of the total potential value of their contracts.
24/7 Wall St.
Federal Procurement Data System – Next Generation
https://www.fpds.gov/fpdsng_cms/index.php/en/
Procurement Top 30:
1. 3M Company
> won during COVID-19: $1.3 billion
>Department of Homeland Security ($1.1 billion)
> Total amount paid to date: $277.0 million (21.7% of potential total)
> Industry: Industrial and consumer products
2. Parkdale Advanced Materials Inc.
> won during COVID-19: $1.1 billion
> Department of Homeland Security ($1.1 billion)
> Total amount paid to date: $595.1 million (52.3% of potential total)
> Industry: Textiles
3. RER Solutions Inc.
> won during COVID-19: $1.0 billion
> Small Business Administration ($1.0 billion)
> Total amount paid to date: $500.0 million (50.0% of potential total)
> Industry: Consulting
4. InSysCo Inc.
> won during COVID-19: $1.0 billion
> Department of the Treasury ($1.0 billion)
> Total amount paid to date: $1.0 billion (100% of potential total)
> Industry: Financial IT services
5. Phlow Corp.
> won during COVID-19: $818.5 million
> Department of Health and Human Services ($818.5 million)
> Total amount paid to date: $360.3 million (44.0% of potential total)
> Industry: Pharmaceutical
6. Hanesbrands Inc.
> won during COVID-19: $781.8 million
> Department of Homeland Security ($425.0 million)
> Total amount paid to date: $523.5 million (67.0% of potential total)
> Industry: Apparel
7. Philips Electronics North America Corp
> won during COVID-19: $664.4 million
> Department of Health and Human Services ($647.2 million)
> Total amount paid to date: $664.4 million (100% of potential total)
> Industry: Electrical equipment
8. Emergent BioSolutions Inc.
> won during COVID-19: $628.3 million
> Department of Health and Human Services ($628.3 million)
> Total amount paid to date: $628.3 million (100% of potential total)
> Industry: Pharmaceutical
9. Janssen Pharmaceuticals Inc
> won during COVID-19: $604.6 million
> customer: Department of Health and Human Services ($604.6 million)
> Total amount paid to date: $0
> Industry: Pharmaceutical
10. Thermo Fisher Scientific Inc.
> won during COVID-19: $597.7 million
> Department of Health and Human Services ($386.0 million)
> Total amount paid to date: $397.7 million (66.5% of potential total)
> Industry: Scientific instruments
11. Hamilton Bonaduz AG
> customer: Department of Health and Human Services ($552.3 million)
12. SAIC Inc.
> won during COVID-19: $538.7 million
> Department of the Treasury ($435.6 million)
13. General Motors Company
> Department of Health and Human Services ($476.1 million)
14. General Electric Company
> won during COVID-19: $419.3 million
> Department of Health and Human Services ($400.2 million)
15. UChicago Argonne LLC
> Department of Energy ($414.8 million)
16. AstraZeneca Plc
> Department of Health And Human Services ($413.2 million)
17. American Medical Response Inc.
> Department of Homeland Security ($388.5 million)
18. Zoll Medical Corporation
> won during COVID-19: $385.1 million
> Department of Health And Human Services ($360.9 million)
19. Standard Textile Co. Inc.
> Department of Homeland Security ($291.9 million)
20. Brillient Corporation
> Small Business Administration ($274.7 million)
21. Highlight Technologies LLC
> Small Business Administration ($269.7 million)
22. MSA Safety Sales LLC
> Department of Homeland Security ($251.0 million)
23. Milliken & Company
> Department of Homeland Security ($250.0 million)
24. Thomas Scientific LLC
> won during COVID-19: $231.6 million
> Department of Homeland Security ($226.1 million)
25. Longhorn Vaccines and Diagnostics LLC
> Department of Homeland Security ($225.8 million)
26. San Mar Corporation
> Department of Health And Human Services ($217.0 million)
27. Becton Dickinson and Company
> won during COVID-19: $217.0 million
> Department of Homeland Security ($202.8 million)
28. Hardwood Products Company LP
> won during COVID-19: $204.1 million
> Department of Homeland Security ($202.0 million)
29. Gemini Bioproducts Inc.
> Department of Homeland Security ($203.7 million)
30. Ajinomoto Althea, Inc.
> Department of Homeland Security ($203.2 million)