Ndfeb magnet block acquisition

Active Awarded Last action

Contract number
SP800026F0026
Awardee
Awarding agency
Obligated
$12,894,620

Award facts

Contract value 100% obligated
$12,894,620.00 Current and potential, with all options
Completion date 10% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 8 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Columbus, OH 43218, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 · Modification 1 ndfeb magnet block $0
Original award $12,894,620

About this award

The Department of Defense's Strategic Materials organization issued a delivery order to Noveon Magnetics Inc. on May 26, 2026, for the acquisition of NdFeB magnet blocks, with a ceiling value of $12.894 million and a completion date of September 30, 2030.

Place of performance is Columbus, OH. The order is priced on a firm fixed price basis. Noveon Magnetics is a small business manufacturer specializing in neodymium-iron-boron sintered materials and permanent magnets, with established capabilities in defense supply chain applications for rare earth magnets.

Quick answers

Who was awarded contract SP800026F0026?

SP800026F0026 was awarded to Noveon Magnetics Inc. by Strategic Materials (Defense Logistics Agency) on May 26, 2026.

How much is contract SP800026F0026 worth?

The government has obligated $12,894,620 on SP800026F0026.

Is contract SP800026F0026 an order under another contract?

Yes. SP800026F0026 is a delivery order under SP800026D0010, an indefinite delivery contract.

Was contract SP800026F0026 competed?

The extent of competition for SP800026F0026 was full and open competition. The government received 8 offers.

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