Domestic neodymium iron boron (ndfeb), rare earth magnets indefinite delivery indefinite quantity (IDIQ)
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- W51AA126DA039
- Awardee
-
Noveon Magnetics Inc. UEI H14YHTRFDFP7
- Awarding agency
-
Department of the Army
Department of Defense
- Task orders
- 0
Award facts
- Last date to order 6% complete
- IDV ceiling
- $1,200,000.00
- Maximum order
- $350,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Funding agency
- Communications Electronics Command Army Materiel Command, Department of Defense
- NAICS code
- 332999 All Other Miscellaneous Fabricated Metal Product Manufacturing
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 2 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The U.S. Army Communications Electronics Command awarded a multiple-award indefinite delivery contract to Noveon Magnetics Inc. for domestic neodymium iron boron (NdFeB) rare earth magnets, with a ceiling of $1,200,000 and an award date of July 1, 2026. The contract carries no set-aside restriction. Performance extends through June 30, 2031. The scope covers procurement of domestic-manufactured NdFeB sintered materials and permanent magnets to support defense supply chain requirements for critical magnetic materials. This IDIQ reflects the Army's strategy to sustain and expand domestic production capacity for rare earth magnets designated as strategic to national defense. Noveon Magnetics is a small business registered with the federal government since 2016 and specializes in NdFeB material manufacturing and permanent magnet production for defense and technology sectors.
Quick answers
Who was awarded contract W51AA126DA039?
W51AA126DA039 was awarded to Noveon Magnetics Inc. by Department of the Army (Department of Defense) on July 1, 2026.
How much is contract W51AA126DA039 worth?
W51AA126DA039's own ceiling is $1,200,000. A single order can be worth up to $350,000.
Which agency awarded contract W51AA126DA039?
Department of the Army (Department of Defense) awarded W51AA126DA039, with funding from Communications Electronics Command (Army Materiel Command).
Who can order from contract W51AA126DA039?
W51AA126DA039 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract W51AA126DA039 competed?
The extent of competition for W51AA126DA039 was competed under sap. The government received 2 offers.
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