GETWAB

01 / Contract Profile

SP470123C0076 Federal Contract Award

Agency code 97AS

INNOVATIVE APPROACHES FOR THE ELECTRIFICATION OF AIRCRAFT- MAGNETIC BRAKING SYSTEMS FOR NAVY AIRCRAFT MODIFICATION P00003 ISSUED TO EXTEND THE PERIOD OF PERFORMANCE TO JUNE 30, 2026

02 / Contract Size and Status

What is the recorded size and timing of this contract?

Net obligations$998.5K
Contract actions4
Potential value$0
Latest actionAug 28, 2025
Effective dateSep 20, 2023
Completion dateJun 30, 2026
NAICS markets1
PSC categories1

03 / Spending Trend

SP470123C0076 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 yearNet obligationsActionsChange
FY 2023$998.5K2
FY 2025$02−100.0%

04 / Federal Buyer

Which organization manages this contract?

DepartmentContracting agencyContracting office
DEPT OF DEFENSEDEFENSE LOGISTICS AGENCYDCSO PHILADELPHIA

05 / Contractor

Who holds this federal contract?

INDUCTIVE VENTURES, INC.

UEI TZVVDJ3NLJR7 · CAGE 7ZB21

06 / NAICS Industries

Which industries classify this contract?

CodeDescriptionObligationsActionsShare
561790OTHER SERVICES TO BUILDINGS AND DWELLINGS$998.5K4100.0%

07 / Products and Services

What products or services were purchased?

CodeDescriptionObligationsActionsShare
AC23NATIONAL DEFENSE R&D SERVICES; ATOMIC ENERGY DEFENSE ACTIVITIES; EXPERIMENTAL DEVELOPMENT$998.5K4100.0%

08 / Place of Performance

Where is the work recorded?

MARIETTA, COBB, GEORGIA, UNITED STATES

ZIP 300644727

09 / Contract Actions

What modifications and obligations were recorded?

Signed dateModificationObligationContracting officeNAICSPSC
Aug 28, 2025P00003$0DCSO PHILADELPHIAOffice code SP4701561790AC23
Jun 30, 2025P00002$0DCSO PHILADELPHIAOffice code SP4701561790AC23
Dec 21, 2023P00001$0DCSO PHILADELPHIAOffice code SP4701561790AC23
Sep 20, 2023Base action$998.5KDCSO PHILADELPHIAOffice code SP4701561790AC23

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.

01

Verify the buyer

Agency and office identify who manages the procurement relationship.

02

Follow modifications

Each action can change funding, scope, dates, or administrative terms.

03

Compare the market

Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.