Oticon, Inc.
Franklin Township, NJ Doing business as Demant Part of E3 Diagnostics, Inc.
- UEI
- V6ESJZM8JVU7
- CAGE
- 61950
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
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Its parent company, E3 Diagnostics Inc., ranks #13 in PSC J065
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
- Corporate family
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Parent
E3 Diagnostics, Inc.
LF2TUNRLXFM6
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- Franklin Township, NJ Y9FKLNS9BYH3
- E3 Diagnostics, Inc. · Arlington Heights, IL C71LRUM2J2Y8
- Diagnostic Group LLC · Eden Prairie, MN HJDDX6BFA165
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Parent
E3 Diagnostics, Inc.
LF2TUNRLXFM6
- SAM.gov registration date
- Physical address
- 580 Howard Ave, Somerset, NJ 08873, USA
- Website
- oticon.com
- Founded
- 1904
- Employees
- 251-1K
- Estimated annual revenue
- $50M-$100M
- Industry
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- Consumer Discretionary
- Consumer Durables & Apparel
- Household Durables
- Consumer Electronics
- SIC code
- 36 Electronic & Other Electric Equipment
- 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 | $25,252,565 |
| FY2025 | $96,382,266 |
| FY2024 | $115,454,690 |
| FY2023 | $82,134,851 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Veterans Affairs | $24,908,326 | |
| 2 | Department of Health and Human Services | $344,240 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Oticon, Inc., doing business as Demant, a for-profit manufacturer of prescription hearing aid devices and provider of comprehensive hearing healthcare solutions headquartered in Somerset, New Jersey, operates as a 100% prime contractor (1,251 awards, no subcontract work) supplying hearing aids, wireless accessories, earmolds, repair services, and audiology support to the federal government on full-and-open, competitive procurement with no SBA set-aside designations across its federal portfolio.
Oticon's customer concentration is extreme and singular. The Department of Veterans Affairs' Veterans Integrated Service Network 19 accounts for 675 of 1,251 awards (54% of award count) and $5.69 billion of the combined $5.71 billion potential value across all awards (100% of dollars). The second-largest customer, the Indian Health Service, represents 89 awards worth $9.7 million—roughly 0.17% of Oticon's total federal revenue. The Defense Health Agency, Army Medical Command, and other VA networks collectively account for the remaining fraction. This concentration reflects Oticon's position as the sole-source, proprietary provider of hearing aid devices for VA VISN 19 under multiple large indefinite delivery vehicles, a posture the source characterizes as reflecting the proprietary nature of hearing aid devices and Oticon's established federal capabilities.
Oticon holds five named parent IDIQs totaling over $5.28 billion in ceiling value. The primary vehicle is a $4 billion single-award Indefinite Delivery Contract with VA VISN 19 (awarded May 1, 2025, completion April 30, 2030) covering customized prescription hearing aid devices and repair services, designated as sole-source under FAR 6.302-1 (proprietary item). A $150 million single-award IDIQ with VA VISN 19 (awarded December 1, 2025, completion November 30, 2026) covers hearing aid parts and accessories. A $35 million single-award bridge IDIQ with VA VISN 19 (awarded December 1, 2023, completion November 30, 2025) provides hearing aid repairs and accessories. A $995,000 single-award Blanket Purchase Agreement with the Indian Health Service (awarded June 30, 2025, completion April 30, 2030) covers hearing aid supplies and repair services at the Phoenix Indian Medical Center's Audiology Department. A $1.25 million single-award BPA with the Defense Health Agency (awarded November 15, 2021, completion September 14, 2026) provides hearing aids and accessories for Tripler Army Medical Center, Hawaii. Work across all vehicles is performed directly by Oticon without subcontractor involvement at its Somerset facility and subordinate sites including Golden, Colorado; Phoenix, Arizona; and Tripler, Hawaii.
Activity has remained flat to modestly volatile over the past five years (22 awards in 2022, 32 in 2023, 28 in 2024, 33 in 2025, and 6 awards recorded in 2026 through September 1). The recompete window over the next twenty-four months shows only two awards (combined potential value $379 thousand) reaching ultimate completion, reflecting the long-term nature of Oticon's sole-source IDIQ positions and the lack of meaningful recompete risk in the near term.
Oticon's award footprint spans medical device procurement categories dominated by Electromedical and Electrotherapeutic Apparatus Manufacturing (NAICS 334517, 357 awards) and Other Electronic and Precision Equipment Repair and Maintenance (NAICS 811212, 612 awards), with PSC Medical And Surgical Instruments, Equipment, And Supplies (809 awards) and Maint/Repair/Rebuild Of Equipment—Medical, Dental, And Veterinary Equipment And Supplies (395 awards) representing the transactional profile. The vendor is a division of E3 Diagnostics, Inc., a parent corporation also holding subsidiaries Diagnostic Group LLC and Audiology Services Company USA LLC. Service Contract Inventory data, which captures only federal service contracts above the $150,000 threshold and excludes goods and products, shows minimal SCI-reportable invoicing ($38 thousand in FY2023 across 4.3 FTEs) and is not representative of Oticon's federal delivery model, which centers on product sales (hearing aids, accessories, repairs) rather than labor-hour services. Oticon performs all work directly with zero subcontractor engagement across its prime contracts.
Quick answers
Is Oticon, Inc. registered in SAM.gov?
Yes. Oticon, Inc.'s SAM.gov registration is active through December 18, 2026.
How much has Oticon, Inc. received in federal contracts?
Federal contracts obligated $96,382,266 to Oticon, Inc. in fiscal year 2025 and $319,224,372 in fiscal years 2023 through 2027.
How does Oticon, Inc. rank among federal contractors?
Oticon, Inc. ranked #2 in NAICS 334510, #9 in PSC 6515 and #21 in PSC 65 in FY2025.
What is Oticon, Inc.'s most recent federal award?
Oticon, Inc.'s most recent federal contract award is Hearing aids BPA - oticon, INC (75H71026P00506), from Indian Health Service, on September 1, 2026.
On GovTribe
See Oticon, Inc.'s full federal record
- Federal contract awards
- IDV awards
- Contract vehicles
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
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