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NAICS Code· 334518

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.

1
Active Contracts
1
Median Bidders per Award
+0.0%
YoY Growth

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.

Usually Single-Bid

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

0

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 FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
334518This Code
Watch, Clock, and Part Manufacturing
Usually Single-Bid156%
4,11454% of 7,675
33451NAICS Industry
Usually Single-Bid162%
895,60488% of 1,015,890
3345Industry Group
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
Usually Single-Bid162%
895,60488% of 1,015,890
334Subsector
Fewer Bidders250%
2,655,79088% of 3,015,335
33Sector
Manufacturing
Fewer Bidders244%
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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NAICS 334518 FAQ

Frequently Asked Questions

NAICS code 334518 stands for Watch, Clock, and Part Manufacturing. It is a North American Industry Classification System code used by the federal government to classify business activity for procurement and contracting purposes.

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