Ndfeb magnet block IDIQ

Active Indefinite Delivery Contract Awarded Last action

Contract number
SP800026D0010
Awardee
Awarding agency
Task orders
1 $12,894,620 obligated

Award facts

Opportunity
Combined order value
$12,894,620 Current and potential, with all options
Last date to order 9% complete
IDV ceiling 6% used
$200,000,000.00
Award type
Multiple award
Who can order
Only the awarding agency
Set-aside
No set-aside
Competition
Full and Open Competition · 8 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

Defense Logistics Agency Strategic Materials awarded a multiple-award indefinite-delivery contract to Noveon Magnetics Inc. on May 18, 2026, with a $200 million ceiling and ultimate completion date of May 17, 2031. The government intends to award up to three IDIQ contracts under this program; Noveon's vehicle is one of multiple awards.

Noveon Magnetics Inc. is a small business manufacturer of neodymium-iron-boron (NdFeB) sintered materials and permanent magnets based in San Marcos, Texas. Place of performance is domestic production in the United States or its outlying areas, with delivery directed to Hawthorne Army Depot in Hawthorne, Nevada.

The IDIQ procures sintered NdFeB magnet blocks in four specified grades—N38EH, N45SH, N48SH, and N52—for defense supply chain applications. Solicitation SP8000-25-R-0022, posted October 17, 2025, with a final closing date of December 1, 2025, required domestic vendors capable of firm fixed-price production. Planned annual procurement volumes range from approximately 27,787 to 79,012 kilograms by grade across five fiscal years (FY26–FY30). The government guaranteed a minimum of $3 million per contract. Future delivery orders beyond the first may be issued through Lowest Price Technically Acceptable procedures, best-value tradeoff, or direct award in the interest of industrial mobilization.

A delivery order was issued under this IDIQ on May 26, 2026, to Noveon Magnetics Inc. for NdFeB magnet block acquisition with a ceiling of $12.894 million, firm fixed-price basis, and completion date of September 30, 2030, with place of performance in Columbus, Ohio.

Task orders

Task order Ordering agency Obligated Awarded
Ndfeb magnet block acquisition SP800026F0026 Strategic Materials (DLA) $12,894,620

Transactions

Action Obligated Date
Other Administrative Action P00001 · Modification P00001 magnet block $0
Original award $0

Quick answers

Who was awarded contract SP800026D0010?

SP800026D0010 was awarded to Noveon Magnetics Inc. by Strategic Materials (Defense Logistics Agency) on May 18, 2026.

How much is contract SP800026D0010 worth?

Orders under SP800026D0010 have obligated $12,894,620. SP800026D0010's own ceiling is $200,000,000.

How many orders have been placed under contract SP800026D0010?

1 order has been placed under SP800026D0010, the latest on May 26, 2026.

Who can order from contract SP800026D0010?

SP800026D0010 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract SP800026D0010 competed?

The extent of competition for SP800026D0010 was full and open competition. The government received 8 offers.

On GovTribe

See this IDV's full record

  • Every order and transaction
  • The awardee's other awards and teaming partners
  • Similar IDVs and recompete opportunities
  • Ask GovTribe AI about this IDV