01 / Contract Profile
FA864924P0448 Federal Contract Award
Agency code 5700
VERTICAL TAKE OFF AND LAND FAMILY OF SYSTEMS (VTOL FOS) PHASE 2
02 / Contract Size and Status
What is the recorded size and timing of this contract?
03 / Spending Trend
FA864924P0448 contract spending by fiscal year
Annual net obligations across the complete period available for this agency and PIID, from the first recorded fiscal year through the latest contract action.
| Fiscal year | Net obligations | Actions | Change |
|---|---|---|---|
| FY 2024 | $1.25M | 1 | — |
| FY 2025 | $0 | 3 | −100.0% |
| FY 2026 | $0 | 1 | — |
04 / Federal Buyer
Which organization manages this contract?
| Department | Contracting agency | Contracting office |
|---|---|---|
| DEPT OF DEFENSE | DEPT OF THE AIR FORCE | FA8649 USAF SBIR STTR CNTRCTNG AFRL |
05 / Contractor
Who holds this federal contract?
VALKYRIE SYSTEMS AEROSPACE, INC
UEI DMHPTR4BF7T5 · CAGE 7SWL9
06 / NAICS Industries
Which industries classify this contract?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 541715 | RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY) | $1.25M | 5 | 100.0% |
07 / Products and Services
What products or services were purchased?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| AC32 | NATIONAL DEFENSE R&D SERVICES; DEFENSE-RELATED ACTIVITIES; APPLIED RESEARCH | $1.25M | 5 | 100.0% |
08 / Place of Performance
Where is the work recorded?
MCKINNEY, COLLIN, TEXAS, UNITED STATES
ZIP 750716475
09 / Contract Actions
What modifications and obligations were recorded?
| Signed date | Modification | Obligation | Contracting office | NAICS | PSC |
|---|---|---|---|---|---|
| Apr 16, 2026 | P00004 | $0 | FA8649 USAF SBIR STTR CNTRCTNG AFRLOffice code FA8649 | 541715 | AC32 |
| Nov 26, 2025 | P00003 | $0 | FA8649 USAF SBIR STTR CNTRCTNG AFRLOffice code FA8649 | 541715 | AC32 |
| Mar 21, 2025 | P00002 | $0 | FA8649 USAF SBIR STTR CNTRCTNG AFRLOffice code FA8649 | 541715 | AC32 |
| Mar 5, 2025 | P00001 | $0 | FA8649 USAF SBIR STTR CNTRCTNG AFRLOffice code FA8649 | 541715 | AC32 |
| May 30, 2024 | Base action | $1.25M | FA8649 USAF SBIR STTR CNTRCTNG AFRLOffice code FA8649 | 541715 | AC32 |
10 / Reading the Contract
How should this award record be interpreted?
Read the PIID as a transaction history, not as a single purchase price. Net obligations combine the base action with later increases, reductions, corrections, and deobligations recorded under the same contract.
Verify the buyer
Agency and office identify who manages the procurement relationship.
Follow modifications
Each action can change funding, scope, dates, or administrative terms.
Compare the market
Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.