The Trustees Of The Stevens Institute Of Technology

The Trustees Of The Stevens Institute Of Technology, a private nonprofit research university based in Hoboken, New Jersey, operates as a prime recipient and prime contractor for federal research and contract work, with 95% of recent awards held as prime positions and 5% as subcontract work. Stevens competes in full-and-open federal research and education funding across multiple federal agencies without reliance on set-asides; the university's federal footprint is anchored in grant funding from the National Science Foundation, Department of Defense, Department of Health and Human Services, and other civilian research agencies.

Stevens' customer base is highly concentrated in defense and research domains. The Office of the Secretary of Defense dominates by dollar value (224 awards, $1.01 billion combined potential value), driven by Stevens' role as prime University Affiliated Research Center operator for the Systems Engineering Research Center—a $520 million single-award Indefinite Delivery Contract through June 2029 supporting a network of 20+ universities conducting over $50 million in annual research expenditures. Recent OSD delivery orders include a $41.9 million award for test and evaluation and accelerator research (May 2026), a $24.5 million effort for Defense Civilian Training Corps Systems Engineering Research Center tasks (August 2025), an $18.6 million order supporting the Americas Midband Initiative Team spectrum and advanced training technology laboratory (September 2024), and a $9.68 million program management award through August 2029 (September 2024). The NSF ranks second by award count (233 awards), followed by the Department of the Army (158 awards). The top five customer agencies account for 56% of awards.

Stevens' capability portfolio spans systems engineering research, digital engineering, artificial intelligence, quantum technologies, advanced materials, biomedical devices, coastal flood modeling and resilience, and aerospace/hypersonic vehicle research. Representative contract work includes a $1.2 million DARPA Other Transaction Agreement for formal energy semantics and UAV-based machine-learning framework development (June 2026, ultimate completion June 2027); a $1.5 million Office of the Secretary of Defense delivery order supporting the Undersecretary of War's transition to commercially inspired acquisition innovation (June 2026); and a $788,401 Air Force delivery order for digital materiel management data-driven methods (August 2025). Representative grant work includes a $676,491 National Center for Complementary and Integrative Health award for music-based biofeedback to improve balance control in adults with Parkinson's disease (April 2026, completion March 2029); a $657,779 NSF grant for human-physical interaction-driven coadaptation in human-cyber-physical systems (May 2026, completion April 2031); and a $625,066 Department of Energy Cooperative Agreement for wireless AI-powered multi-functional fiber optic sensors for hydrogen production in gasification systems (December 2024, completion November 2026).

Activity has grown unevenly, with 58 awards in 2022, 60 in 2023, 83 in 2024, 66 in 2025, and 29 in 2026 (partial year). Sixty-two awards with ultimate completion dates in the next twenty-four months carry combined potential value of $49.5 million, representing material recompete exposure. Stevens holds five major parent IDCs: the Systems Engineering Research Center contract (112 task orders, $41.7 million); Indefinite Delivery Contract HQ003419D0003 (73 task orders, $115.7 million); Indefinite Delivery Contract W15QKN05D0011 (80 task orders, $33.4 million); Indefinite Delivery Contract HQ003408D0171 (31 task orders, $16 million); and several smaller vehicles supporting delivery-order research and development.

Across SCI-reportable prime federal service contracts, Stevens invoiced $11.3 million from FY2023 through FY2025 ($1.3 million in FY2023, $4.8 million in FY2024, $5.3 million in FY2025), delivering roughly 38 FTEs to the federal government over that span. Government-paid hourly rates on these contracts ranged from a 10th percentile of $34.66/hr to a median of $120.30/hr and a 90th percentile of $667.37/hr. Across SCI-reportable prime contracts, subcontractors accounted for 18% of contractor hours, with named subs including the University of Arizona, Virginia Tech, George Washington University, Michigan Technological University, and Old Dominion University Research Foundation. Stevens operates primarily as a research prime, building internal delivery capacity rather than subcontracting the bulk of work; when it does engage subs, they are typically peer research universities or specialized research entities aligned with systems engineering and defense research missions.

Stevens holds no other named parent vehicles (GWACs, BPAs, agency-wide IDIQs) beyond the Systems Engineering Research Center IDC. The university received a federal research grant footprint spanning NSF (Engineering, Computer and Information Science and Engineering, Mathematical and Physical Sciences, STEM Education), NASA, NIH, NOAA, DOE, DOD, NSF, and other civilian agencies. Grant work includes STEM education and workforce development (e.g., $200,000 NSF STEM education grant for Early Career Exploration Community for Biology and Chemistry Students; $300,240 NIST Cooperative Agreement for cybersecurity workforce development in the NJ/NY region), fundamental science (e.g., $424,999 NSF Division of Physics grant for passive-source quantum superresolution imaging), and applied research (e.g., $1.25 million PHMSA Cooperative Agreement for pipeline safety research on stress corrosion cracking). Grant sub-recipients include Rutgers University, the University of Alabama, University of Delaware, Rowan University, and peer academic institutions. Stevens is a named sub-recipient on grants from Columbia University, Louisiana State University, and other lead grantees, typically contributing engineering, design, and data-science expertise to multi-institutional efforts in biomedical devices, climate adaptation, and computing systems.

The university competes without set-aside restrictions and has not pursued or held 8(a), HUBZone, SDVOSB, or WOSB designations; its federal posture is that of a major research institution competing in full-and-open federal research and education markets. Federal engagement is concentrated in civilian research funding (NSF, civilian NASA, HHS, NOAA, DOE, DHS) and defense research (OSD, Army, Navy, Air Force) rather than commercial contracting. The $1.21 billion combined potential value across 1,468 awards (with $776.7 million obligated as of the source snapshot) reflects Stevens' scale as a research university but does not represent annual revenue; federal research awards fund graduate student stipends, faculty time, equipment, and facilities rather than direct institutional profit.