Missouri is in the top 10 of states getting federal contract money as a share of its total state gross domestic product. A new report by the University of Missouri Extension shows Missouri-based firms received $15.1 billion in prime federal contracts in the federal fiscal year 2019. Researcher Mark White led the study.
White says there are opportunities and training for businesses starting to compete for federal money. Almost 3,400 Missouri-based firms performed prime federal contracts in FY 2019. Missouri’s congressional delegation plays a key role in bringing in this money.