Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #25 Not in totals

Blue Origin

About $9.23 raised for every $1 obligated. 98% of it came through prime contracts.

Blue Origin is excluded from the chart and totals because its scale or business mix would swamp the comparison. Its figures are shown here for reference. Why

Capital raised
$38.0B
Federal obligations, FY2020–FY2026
$4.1B
Raised per $1 obligated
9.2×
Latest valuation
$130B
Reported Jul 2026 round, pre-money

Obligations by fiscal year

$M

Year-by-year figures are not available for this company yet.

Contract mix

Prime contracts
$4.0B
Other Transactions
$86.5M
Subawards
$1.1M

Notes

Funding
~$28B from Bezos plus reported $10B round (closing not confirmed)

Cite this: Defense Tech Signals, "Capital vs. Contracts: Blue Origin," data as of 2026-11-08, https://data.defensetechsignals.com/c/blue-origin/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026).