NAICS 334518: Watch, Clock, and Part Manufacturing
NAICS 334518 - Watch, Clock, and Part Manufacturing covers the production of timekeeping instruments and their associated components. This industry encompasses the manufacturing of mechanical and electronic watches, clocks, and specialized timing devices.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 334518.
AI Industry Description
NAICS 334518 - Watch, Clock, and Part Manufacturing covers the production of timekeeping instruments and their associated components. This industry encompasses the manufacturing of mechanical and electronic watches, clocks, and specialized timing devices. In the government contracting landscape, the...
NAICS 334518 - Watch, Clock, and Part Manufacturing covers the production of timekeeping instruments and their associated components. This industry encompasses the manufacturing of mechanical and electronic watches, clocks, and specialized timing devices. In the government contracting landscape, these products are often utilized for precision timing, synchronization, and operational equipment required for mission-critical environments. Pioneer Industries, LLC is a primary contractor operating within this sector, representing the specialized manufacturing capabilities required to meet government specifications. The Department of Defense is the primary agency driving demand in this sector, indicating that procurement is largely centered around military applications and defense-related timing requirements.
Competition
How many companies historically bid on federal awards in NAICS 334518, from bidder counts reported on USAspending.
Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 4,114 reported awards
Median Bidders
1
Per reported award, all-time
Single-Bid Awards
56%
Share of reported awards with one bidder
10+ Bidder Awards
1%
Share of reported awards with 10+ bidders
Reported Awards
54% of 7,675 total awards
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
334518This Code Watch, Clock, and Part Manufacturing | Usually Single-Bid | 1 | 56% | 4,11454% of 7,675 | |
33451NAICS Industry | Usually Single-Bid | 1 | 62% | 895,60488% of 1,015,890 | |
3345Industry Group Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | Usually Single-Bid | 1 | 62% | 895,60488% of 1,015,890 | |
334Subsector | Fewer Bidders | 2 | 50% | 2,655,79088% of 3,015,335 | |
33Sector Manufacturing | Fewer Bidders | 2 | 44% | 16,883,00469% of 24,369,785 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
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