Hybrid-electric powerplant prototype research & development supporting vertical, short, and conventional takeoff

Active Other Transaction Agreement Awarded Last action

Contract number
FA86142590013
Awardee
Awarding agency
Obligated
$9,721,000

Award facts

Contract value 100% obligated
$9,721,000.00 Current and potential, with all options
Completion date 77% complete
Current and potential, with all options
Funding agency
USAF DFAS Air Force, Department of Defense
NAICS code
Not on record
Set-aside
No set-aside
Competition
Competed Program Solicitation
Pricing
Other
Place of performance
Daytona Beach, FL 32114, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 · Hybrid-eletric powerplant prototype research & developmemt supporting vertical, short, and conventional takeoff. $0
Original award $9,721,000

About this award

Verdego Aero Inc., a small business specializing in aerospace manufacturing and advanced propulsion systems, was awarded an Other Transaction Agreement (OTA) valued at $9.7 million by the U.S. Air Force on May 29, 2025. The contract supports research and development of hybrid-electric powerplant prototypes designed to enable vertical, short, and conventional takeoff aircraft capabilities. Work will be performed in Daytona Beach, Florida, with an ultimate completion date of March 31, 2027. This contract represents no set-aside designation and reflects the Air Force's investment in next-generation propulsion technologies critical to advancing the military's aerial mobility and operational flexibility across diverse mission profiles.

The award to Verdego Aero aligns with the company's established expertise in hybrid-electric and innovative aircraft powerplant technologies for both civilian and military applications. As part of its broader portfolio, Verdego Aero has secured multiple federal research and development contracts from the Air Force and NASA, including Small Business Innovation Research awards and an DARPA Other Transaction Indefinite Delivery Vehicle contract focused on advanced turbofan powerplant development. This particular award demonstrates continued federal investment in the company's core competency in advanced propulsion system research, positioning it as a key innovator in the emerging hybrid-electric aviation sector.

Quick answers

Who was awarded contract FA86142590013?

FA86142590013 was awarded to Verdego Aero Inc. by Air Force (Department of Defense) on May 29, 2025.

How much is contract FA86142590013 worth?

The government has obligated $9,721,000 on FA86142590013.

Which agency awarded contract FA86142590013?

Air Force (Department of Defense) awarded FA86142590013, with funding from USAF DFAS (Air Force).

Was contract FA86142590013 competed?

The extent of competition for FA86142590013 was competed.

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