Contract N0002424C4201

Qed Systems, Inc. · Department Of Defense · June 25, 2024

Cost Plus Award FeeFull & Open CompetitionNAICS 336611

Qed Systems, Inc. was awarded a federal contract by Department Of Defense (Department Of The Navy) on June 25, 2024 for $46.78 million of work in ship building and repairing. Performance is in Virginia Beach, VA. It was awarded under full and open competition. The contract has been modified 16 times since the base award It uses cost-plus contract pricing. The most recent modification was on December 23, 2025. If all options are exercised, the contract could reach $381.81 million.

Obligated to date
$46.78M
$46,776,353
Current value
$198.64M
Potential value
$381.81M
if all options exercised
Modifications
16
Latest December 23, 2025

Contract details

PIID
N0002424C4201
Award type
Definitive Contract
Pricing
Cost Plus Award Fee
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
336611 · Ship Building And Repairing
Product / service
Maint/Repair/Rebuild Of Equipment- Ships, Small Craft, Pontoons, And Floating Docks
Place of performance
Virginia Beach, VA
First action
June 25, 2024
Latest action
December 23, 2025

Description

CNO AVAIL PLANNING CNSL-CRUDES

Modification timeline

  • December 23, 2025
    Mod P00038 · Funding Only Action
    $112.36M
  • December 18, 2025
    Mod P00037 · Other Administrative Action
    $112.36M
  • December 18, 2025
    Mod P00036 · Funding Only Action
    $112.36M
  • November 20, 2025
    Mod P00035 · Other Administrative Action
    $96.19M
  • October 1, 2025
    Mod P00034 · Other Administrative Action
    $93.82M
  • September 23, 2025
    Mod P00033 · Funding Only Action
    $93.82M
  • September 17, 2025
    Mod P00032 · Other Administrative Action
    $82.79M
  • August 15, 2025
    Mod P00031 · Other Administrative Action
    $79.56M
  • July 31, 2025
    Mod P00030 · Other Administrative Action
    $79.56M
  • July 3, 2025
    Mod P00029 · Funding Only Action
    $79.56M

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Frequently asked questions

What is contract N0002424C4201?

Contract N0002424C4201 is a federal contract awarded to Qed Systems, Inc. by Department Of Defense on June 25, 2024 for $46.78 million of work classified under SHIP BUILDING AND REPAIRING. It has been modified 16 times since the base award.

Who won contract N0002424C4201?

Qed Systems, Inc. won contract N0002424C4201 from Department Of Defense.

How much is contract N0002424C4201 worth?

Contract N0002424C4201 has obligated $46.78 million to date, with a total potential value of $381.81 million if all options are exercised.