Covid-19 DPA3 production of ndfeb rare-earth magnets

Active Cooperative Agreement Awarded Last action

Award ID
FA86502025536
Recipient
Awarding agency
Obligated
$38,804,809

Award facts

Assistance listing
12.777 Defense Production Act Title III (DPA Title III)
Completion date 64% complete
Originally
Funding
  • $28,804,809.00 Federal
  • $10,000,000.00 Non-federal
Funding agency
Office of the Secretary of Defense Department of Defense
Place of performance
United States

Award details come from USAspending.gov.

Transactions

Action Federal Non-federal Date
Amendment $0 $0
Amendment Modification to add a 5-year no cost monitoring phase to the period of performance. The purpose of this agreement is to develop and expand the domestic… $0 $0
Amendment Defense production act (DPA) title III, production of ndfeb rare-earth magnets $0 $0
Amendment DPA3 production $0 $0
Amendment Defense production act (DPA) title III, production of ndfeb rare-earth magnets $0 $0
Amendment $0 $0
Amendment Defense production act (DPA) title III, production of ndfeb rare-earth magnets $7,201,202 $0
Amendment $0 $0
Original award $21,603,607 $10,000,000

Quick answers

Who received award FA86502025536?

FA86502025536 was awarded to Noveon Magnetics Inc. by Air Force (Department of Defense) on July 21, 2020.

How much is award FA86502025536 worth?

$38,804,809 has been obligated on FA86502025536: $28,804,809 in federal funding and $10,000,000 in non-federal funding.

Which agency awarded FA86502025536?

Air Force (Department of Defense) awarded FA86502025536, with funding from Office of the Secretary of Defense (Department of Defense).

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