GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2020–FY 2026.

Net obligations$4.59M
Contract actions15
Awards / PIIDs8
Federal customers3
Contracting offices3
Average action$306.2K
Active fiscal years6
Data coverageFY 2020–FY 2026

Across FY 2020–FY 2026, FPDS records attribute $4.59M in net contract obligations to FARAD POWER INC across 15 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

FARAD POWER INC contract spending by year

Annual net obligations show whether recorded federal business expanded or contracted, while actions and customer counts show the breadth of that activity.

Total obligations$2.25M
FY 2026
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2021$132.4K11—
FY 2022$748.0K21+465.0%
FY 2023$145.5K32−80.5%
FY 2024$208.7K32+43.5%
FY 2025$1.11M33+431.7%
FY 2026$2.25M32+102.6%

04 / Federal Customers

Which federal agencies buy from FARAD POWER INC?

Ranked by net obligations during FY 2020–FY 2026.

AgencyCodeObligationsActionsVendor share
2100$2.25M349.0%
1700$1.24M527.1%
5700$1.10M723.9%

05 / Contracting Offices

Which contracting offices buy from FARAD POWER INC?

Ranked by net obligations during FY 2020–FY 2026.

OfficeCodeAgencyObligationsActionsVendor share
W51701DEPT OF THE ARMY$2.25M349.0%
N68335DEPT OF THE NAVY$1.24M527.1%
FA8649DEPT OF THE AIR FORCE$1.10M723.9%

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
541715RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY)$4.59M153100.0%

07 / Top Product and Service Codes

What products and services does the government buy from this vendor?

PSCDescriptionObligationsActionsCustomersShare
AC12NATIONAL DEFENSE R&D SERVICES; DEPARTMENT OF DEFENSE - MILITARY; APPLIED RESEARCH$3.25M5270.7%
AC32NATIONAL DEFENSE R&D SERVICES; DEFENSE-RELATED ACTIVITIES; APPLIED RESEARCH$1.10M7123.9%
AC11NATIONAL DEFENSE R&D SERVICES; DEPARTMENT OF DEFENSE - MILITARY; BASIC RESEARCH$244.9K315.3%

08 / Competition Pattern

How was FARAD POWER INC’s federal work competed?

Competition categories describe the procurement path recorded on the underlying contract actions.

Competition categoryObligationsActions
Not competed under SAP$4.59M15

09 / Recent Contract Awards

What contract actions were recorded most recently for FARAD POWER INC?

The latest recorded PIIDs connect this profile to the underlying federal award search.

Award / PIIDSignedObligationAgency / officeNAICSPSC
W5170126CA050Jun 15, 2026$0DEPT OF THE ARMY W27P USA ACQ SPT CTR541715AC12

10 / Interpreting the Profile

How should you evaluate FARAD POWER INC as a federal contractor?

Read obligations, customers, markets, competition, and individual awards together. A large historical total indicates federal scale, but it does not by itself describe current backlog, commercial revenue, profitability, or future opportunity.

01

Separate obligations from revenue

FPDS obligations are government accounting actions and may include later deobligations.

02

Follow customer concentration

Agency and office concentration reveals where the vendor’s federal relationships are strongest.

03

Test market overlap

NAICS and PSC shares show whether the vendor competes in the same markets as your company.

04

Inspect the awards

Open the PIIDs to verify dates, offices, classifications, and transaction history.