Contract SP470123C0005

Niron Magnetics Inc · Department Of Defense · October 27, 2025

Firm Fixed PriceNAICS 541715

Niron Magnetics Inc was awarded a federal contract by Department Of Defense (Defense Logistics Agency) on October 27, 2025 for $12.49 million (current value) of work in research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology). Performance is in Minneapolis, MN. It was awarded under full and open competition. It uses firm fixed-price contract pricing. If all options are exercised, the contract could reach $12.49 million.

Current value
$12.49M
Modifications
0
Base award only

Contract details

PIID
SP470123C0005
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Competed Under Sap
NAICS
541715 · Research And Development In The Physical, Engineering, And Life Sciences (Except Nanotechnology And Biotechnology)
Product / service
National Defense R&D Services; Defense-Related Activities; Experimental Development
Place of performance
Minneapolis, MN
First action
October 27, 2025

Description

EMERGENT III AWARD TO NIRON MAGNETICS INC FOR IRON NITRIDE PERMANENT MAGNETS II - MOD P00004 TO CHANGE THE POP FOR CLIN 0001 AND CLIN 0002

Modification timeline

  • October 27, 2025
    Mod P00004 · Change Order
    $12.49M

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Frequently asked questions

What is contract SP470123C0005?

Contract SP470123C0005 is a federal contract awarded to Niron Magnetics Inc by Department Of Defense on October 27, 2025 for $12.49 million of work classified under RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY). It has been modified 0 times since the base award.

Who won contract SP470123C0005?

Niron Magnetics Inc won contract SP470123C0005 from Department Of Defense.

How much is contract SP470123C0005 worth?

Contract SP470123C0005 has obligated $0 to date but carries a potential ceiling of $12.49 million if fully funded and all options are exercised.