During FY25, we issued subcontracts with a total value of $712.7M to businesses in all 50 states and Washington, D.C. We purchased $332.7M in goods and services from New England companies, with $240.4M in contracts awarded to Massachusetts businesses. We also contracted with universities outside of MIT for basic and applied research. These research subcontracts included expert consulting, analysis, and technical support.

Top procurement awards by state

State

$Million

Massachusetts

240.4

California

91.0

New Hampshire

67.4

New Jersey

60.6

Maryland

45.2

Colorado

31.1

Texas

27.8

All Other

149.2

Total*

712.7

*Includes orders to MIT of $7.8M

Economic contribution to New England states 

Maine: $2.1M; Vermont: $2.5M; New Hampshire: $197.9M; Massachusetts: $695.8M; Connecticut: $60.4M; Rhode Island: $2.8M;

Our purchase of $332.7M in goods and services from New England companies triggered $628.8M in additional economic activity or "ripple effects" across the region, for a total regional economic contribution of $961.5M. Ripple effects include regional business-to-business purchases along the supply chain, wages paid to industry employees, and consumer spending by industry employees.

Economic achievements

  • MIT was awarded an FFRDC prime contract for the continued operation of Lincoln Laboratory, establishing a five-year basic operating period through March 2030 and a five-year option through March 2035, with performance authorized through 2040. The award reflects a ceiling increase over the prior contract and recognizes the Laboratory's vital national security mission.
  • FY25 ended with 893 active R&D programs. The estimated value of authorized programs increased by $1.06B.
  • Lincoln Laboratory obligated $1.42B across contracts — the ninth year in a row with more than $1B in obligations.
  • More than 33% of subcontracts were awarded to small businesses of all types in FY25.