Aspen Technology, Inc.
Bedford, MA Part of Emerson Electric Co
- UEI
- UKP9XPKMCGT5
- CAGE
- 1VCV8
- Primary NAICS
- 513210 Software Publishers
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
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Its parent company, Emerson Electric Co, ranks:
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Corporate family
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Parent
Emerson Electric Co · Clayton, MO
MKRBJA6JXXS7
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- J4QTYHJ7F8W3
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Parent
Emerson Electric Co · Clayton, MO
MKRBJA6JXXS7
- SAM.gov registration date
- Physical address
- 20 Crosby Dr, Bedford, MA 01730, USA
- Website
- aspentech.com
- Founded
- 1981
- Employees
- 1K-5K
- Estimated annual revenue
- $500M-$1B
- Industry
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- Industrials
- Capital Goods
- Construction & Engineering
- Civil Engineering
- SIC code
- 87 Engineering & Management Services
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $1,141,072 |
| FY2025 | $1,616,413 |
| FY2024 | $1,055,769 |
| FY2023 | $1,375,929 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Energy | $827,943 | |
| 2 | National Aeronautics and Space Administration | $207,998 | |
| 3 | Department of the Interior | $131,176 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Contract subawards
| Prime contractor | Prime award | Amount | Awarded |
|---|---|---|---|
| Consolidated Nuclear Security, LLC | DENA0001942 | $230,776 | |
| Consolidated Nuclear Security, LLC | DENA0001942 | $99,352 | |
| Fluor Marine Propulsion, LLC | 89233018CNR000004 | $106,874 |
Grant subawards
| Prime recipient | Prime award | Amount | Awarded |
|---|---|---|---|
| Sri International | DEEE0009420 | $30,204 | |
| Palo Alto Research Center LLC | DEFE0031868 | $30,204 |
About the company
Aspen Technology, Inc., a subsidiary of Emerson Electric Co., sells process simulation, modeling, and optimization software to federal agencies as a prime contractor (95% of awards) under full-and-open procurement—the vendor operates in a proprietary software market with no SBA set-aside posture across its federal footprint. Headquartered in Bedford, Massachusetts, Aspen Technology delivers process design, engineering simulation, chemical process modeling, and supply chain planning tools classified under NAICS 513210 (Software Publishers) and PSC DA10 (IT and Telecom—Business Application/Application Development Software as a Service). The company competes on technical differentiation and sole-source justifications tied to its AspenONE product suite and specialized modeling capabilities rather than on small-business or socioeconomic designations.
Aspen Technology's federal capability footprint centers on AspenONE Engineering software licensing and maintenance—a suite of tools for process flow diagram design, unit operations modeling, mass and energy balance simulation, and thermodynamic analysis used in chemical, oil and gas, and advanced manufacturing environments. Recent representative work includes a $4.165 million definitive contract from the Department of Energy's Office of Fossil Energy (awarded October 1, 2026) for wide-area AspenONE Engineering and Process Simulation software licensing and support running through September 2031; a $371,045 three-year subscription from the Department of the Interior's Office of Policy Management and Budget for chemical process simulation software supporting natural gas processing plant modeling; and a $254,616 renewal order from NASA's Shared Services Center for 72 tokens of AspenONE Engineering software supporting Johnson Space Center engineering and space exploration programs including the International Space Station and Orion initiatives.
Customer concentration reflects deep embedding in energy and infrastructure agencies. The Department of Energy (split between the Office of Fossil Energy, the National Energy Technology Lab, and headquarters) accounts for 40 awards and $15 million combined potential value—92% of all potential value. The Department of the Interior's Office of Policy Management and Budget holds five awards worth $1.6 million; NASA's Shared Services Center and Johnson Space Center account for ten awards totaling $1.7 million combined. Across 102 total awards spanning 22 agencies, DoE-funded work dominates both award count and dollar concentration. Five awards totaling $657 thousand face ultimate completion within the next twenty-four months, creating limited recompete exposure in that window. Recent activity shows four awards in 2026 (compared to one in 2025 and four in 2024), signaling renewed energy-sector procurement momentum.
In its subcontractor role—5% of awards—Aspen Technology supplies AspenONE software licenses to Consolidated Nuclear Security LLC under Department of Energy Y-12 National Security Complex and Pantex Plant management and operating contracts, and to Fluor Marine Propulsion LLC for Naval Nuclear Laboratory operations support. Aspen Technology also appears as a sub-recipient on federal research grants managed by Sri International and Palo Alto Research Center LLC, delivering AspenONE Engineering software and chemical engineering process simulation training for research and development work.
The vendor's footprint shows stability rather than growth—one award in 2025 marked a contraction from the four-award pace of 2024 and 2022—but the recent October 2026 awards suggest recovery tied to DoE energy research and fossil fuel production optimization initiatives.
Quick answers
Is Aspen Technology, Inc. registered in SAM.gov?
Yes. Aspen Technology, Inc.'s SAM.gov registration is active through September 11, 2027.
What is Aspen Technology, Inc.'s CAGE code?
Aspen Technology, Inc.'s CAGE code is 1VCV8, and its Unique Entity ID (UEI) is UKP9XPKMCGT5.
How much has Aspen Technology, Inc. received in federal contracts?
Federal contracts obligated $1,616,413 to Aspen Technology, Inc. in fiscal year 2025 and $5,189,183 in fiscal years 2023 through 2027.
How does Aspen Technology, Inc. rank among federal contractors?
Aspen Technology, Inc.'s parent company, Emerson Electric Co, ranked #7 in PSC 5220, #11 in PSC 6695 and #12 in PSC 6625 in FY2025.
What is Aspen Technology, Inc.'s most recent federal award?
Aspen Technology, Inc.'s most recent federal contract award is Aspentech software products: aspenone engineering for E & C, aspen custom modeler, aspen plus, aspen plus dynamics… (89243326CFE000112), from National Energy Technology Lab, on October 1, 2026.
On GovTribe
See Aspen Technology, Inc.'s full federal record
- Federal contract awards
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
- Similar vendors