Industry Research Expenditures Industry Research FY18 FY17 % Change Direct $91,510,308 $84,812,778 7.9% Subcontract (on Federal Prime) $14,020,568 $12,661,477 10.7% Corporate FoundaEon (est.) $2,038,877 $2,102,195 -3.0% Other Industry Research $1,692,618 $1,241,796 36.3% Total Research Expenditures: $109,262,370 $100,818,246 8.4% Source of data: BEC Data Analyst KrisEna Bee ([email protected])