Research and development
Active Definitive Contract Awarded Last action
- Contract number
- N6833525C0473
- Awardee
-
Banc 3, Inc. UEI M92XTB8U86E3
- Awarding agency
-
Naval Air Warfare Center
Naval Air Systems Command, Department of Defense
- Obligated
- $999,193
Award facts
- Contract value 71% obligated
-
- $999,193.00 Current, with exercised options
- $1,398,388.00 Potential, with all options
- Completion date 37% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Naval Sea Systems Command Department of the Navy, Department of Defense
- NAICS code
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Set-aside
- Total Small Business
- Competition
- 20 offers Negotiated Proposal / Quote
- Pricing
- Cost Plus Fixed Fee
- Place of performance
- Princeton, NJ, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $999,193 |
About this award
The Naval Sea Systems Command (NAVSEA) awarded a $1.40M cost-plus-fixed-fee definitive contract to Banc 3, Inc., a Princeton, New Jersey-based small business, for research and development services with an ultimate completion date of January 30, 2029. This contract is designated as a Total Small Business set-aside, reflecting the government's commitment to fostering innovation through small business participation. Banc 3, Inc. is a minority-owned, woman-owned, and self-certified small disadvantaged business that has established itself as a preferred contractor for specialized defense-related innovation projects across multiple Department of Defense agencies since its federal registration in 2003.
Banc 3, Inc. brings substantial expertise in advanced technological solutions for military applications, including augmented and mixed reality systems, helmet-mounted display technologies, gesture recognition platforms, advanced sensor systems for RF sensing and threat detection, computer vision solutions, and machine intelligence development. The company's track record includes approximately $11.4M in prior federal contract awards from agencies including DARPA, the Department of the Army, Air Force Research Laboratory, and Office of Naval Research, demonstrating technical capabilities relevant to Naval Sea Systems Command modernization initiatives. Work under this contract will be performed at the company's Princeton facility.
Quick answers
Who was awarded contract N6833525C0473?
N6833525C0473 was awarded to Banc 3, Inc. by Naval Air Warfare Center (Naval Air Systems Command) on June 17, 2025.
How much is contract N6833525C0473 worth?
The government has obligated $999,193 on N6833525C0473. Its potential value, with all options, is $1,398,388.
Which agency awarded contract N6833525C0473?
Naval Air Warfare Center (Naval Air Systems Command) awarded N6833525C0473, with funding from Naval Sea Systems Command (Department of the Navy).
Was contract N6833525C0473 competed?
The government received 20 offers. It was set aside: Total Small Business.
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