Ipsen, Inc.
Cherry Valley, IL
- UEI
- MZNPGJJDGD26
- CAGE
- 14638
- Primary NAICS
- 333994 Industrial Process Furnace and Oven Manufacturing
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 984 Ipsen Rd, Cherry Valley, IL 61016, USA
- Website
- ipsenglobal.com
- Founded
- 1948
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
-
- Industrials
- Capital Goods
- Industrial Conglomerates
- Industrials & Manufacturing
- SIC code
- 38 Instruments & Related Products
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 | $343,305 |
| FY2025 | $524,437 |
| FY2024 | $13,710 |
| FY2023 | -$13,210 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of the Army | $343,305 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Contract subawards
| Prime contractor | Prime award | Amount | Awarded |
|---|---|---|---|
| University Of Dayton | 47QFLA23F0039 | $728,000 | |
| Consolidated Nuclear Security, LLC | DENA0001942 | $31,000 | |
| Consolidated Nuclear Security, LLC | DENA0001942 | $81,680 |
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Surface Combustion Inc. | Maumee, OH | 333994 Industrial Process Furnace and Oven Manufacturing |
| The Grieve Corporation | Round Lake, IL | 333994 Industrial Process Furnace and Oven Manufacturing |
| Inductotherm Corp | Westampton, NJ | 333994 Industrial Process Furnace and Oven Manufacturing |
| Delta H Technologies LLC | Carroll, OH | 333994 Industrial Process Furnace and Oven Manufacturing |
| Thermal Technology LLC | Minden, NV | 333994 Industrial Process Furnace and Oven Manufacturing |
About the company
Ipsen, Inc., a for-profit manufacturer of industrial furnace systems and related equipment based in Cherry Valley, Illinois, operates as a prime contractor (98% of recent awards) on full-and-open defense contracts, with no SBA set-aside designations across its federal portfolio. The company competes in the open market for furnace manufacturing, maintenance, repair, and technical equipment supply contracts across the Department of Defense and its subordinate commands.
Ipsen's capability footprint centers on industrial process furnaces, vacuum furnace systems, furnace controls, and ancillary equipment for military heat-treat operations, test facilities, and aircraft maintenance depots. Representative recent prime work includes a $220 thousand firm fixed-price definitive contract with the Department of the Army's TACOM Life Cycle Management Command for preventative maintenance and emergency repair of furnace systems at Anniston Army Depot (August 2026, completion August 2031), a $491,890 definitive contract with TACOM for an Ipsen vacuum furnace control system upgrade at the company's Cherry Valley facility (August 2025), a $19,710 purchase order from the Air Force Materiel Command's Oklahoma City Air Logistics Complex for replacement of uninterruptible power supply systems and furnace controls (October 2024), and a $28,380 purchase order from Naval Air Systems Command for Yokogawa GX20 Series digital recorders for test and evaluation (May 2022).
Customer concentration tilts toward the Defense Logistics Agency and Army and Air Force sustainment commands. The top five customer accounts by award count account for 67% of recent awards, led by the Department of the Air Force (39 awards) and split between Naval Air Systems Command (20 awards, $279 thousand combined potential value), TACOM (20 awards, $2.4 million combined potential value), the Department of the Navy (9 awards), and the Air Force Materiel Command's Air Force Sustainment Center (9 awards, $29 thousand combined potential value). However, by potential dollar value, Naval Air Warfare Center Naval Air Systems Command dominates with 5 awards totaling $5.1 million, followed by the Oklahoma City Air Logistics Complex (8 awards, $2.9 million) and the Defense Logistics Agency Aviation (5 awards, $2.9 million). Activity has been sparse in recent years—one to three awards annually from 2023 through 2026—with 145 total awards since 1987 and combined potential value of $14.9 million across the portfolio. Ipsen maintains seats on multiple Army and Air Force indefinite delivery contracts but places only single or handful-quantity task orders against each vehicle. In its subcontractor role, Ipsen supplies an IPSEN TITAN H2 Vacuum Furnace to the University of Dayton under an advanced manufacturing modernization task order (December 2024) and furnace equipment to Consolidated Nuclear Security, LLC under Y-12 National Security Complex and Pantex Plant management and operating contracts (December 2024 and November 2023). The company's NAICS footprint is dominated by industrial process furnace and oven manufacturing (43 awards) and commercial and industrial machinery repair and maintenance (25 awards), with PSC concentration in metal heat-treating equipment, industrial furnaces, and furnace maintenance and rebuild services.
Quick answers
Is Ipsen, Inc. registered in SAM.gov?
Yes. Ipsen, Inc.'s SAM.gov registration is active through January 23, 2027.
How much has Ipsen, Inc. received in federal contracts?
Federal contracts obligated $524,437 to Ipsen, Inc. in fiscal year 2025 and $868,242 in fiscal years 2023 through 2027.
How does Ipsen, Inc. rank among federal contractors?
Ipsen, Inc. ranked #5 in PSC 4430, #15 in NAICS 333994 and #49 in PSC 44 in FY2025.
What is Ipsen, Inc.'s most recent federal award?
Ipsen, Inc.'s most recent federal contract award is This specification establishes a requirement for preventative maintenance and emergency repair for the government owned… (W911KF26CA025), from TACOM Life Cycle Management Command (AMC), on August 5, 2026.
On GovTribe
See Ipsen, Inc.'s full federal record
- Federal contract awards
- IDV awards
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
- Similar vendors