GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$34.36M
Contract actions25
Awards / PIIDs3
Federal customers3
Contracting offices3
Average action$1.37M
Active fiscal years5
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $34.36M in net contract obligations to HERRICK TECHNOLOGY LABORATORIES INC. across 25 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

HERRICK TECHNOLOGY LABORATORIES 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$3.00M
FY 2023
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$1.50M22
FY 2020$19.58M102+1,205.3%
FY 2021$5.61M62−71.3%
FY 2022$4.66M51−16.9%
FY 2023$3.00M21−35.7%

04 / Federal Customers

Which federal agencies buy from HERRICK TECHNOLOGY LABORATORIES INC.?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
5700$34.36M22100.0%
9763$020.0%
1700$010.0%

05 / Contracting Offices

Which contracting offices buy from HERRICK TECHNOLOGY LABORATORIES INC.?

Ranked by net obligations during FY 2019–FY 2025.

OfficeCodeAgencyObligationsActionsVendor share
FA8750DEPT OF THE AIR FORCE$34.36M22100.0%
N68936DEPT OF THE NAVY$010.0%
S5102ADEFENSE CONTRACT MANAGEMENT AGENCY (DCMA)$020.0%

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)$34.36M212100.0%
541712RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)$0430.0%

07 / Top Product and Service Codes

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

PSCDescriptionObligationsActionsCustomersShare
AD93R&D- DEFENSE OTHER: OTHER (ADVANCED DEVELOPMENT)$34.36M242100.0%
AC12R&D- DEFENSE SYSTEM: AIRCRAFT (APPLIED RESEARCH/EXPLORATORY DEVELOPMENT)$0110.0%

08 / Competition Pattern

How was HERRICK TECHNOLOGY LABORATORIES INC.’s federal work competed?

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

Competition categoryObligationsActions
Competed$34.36M25

09 / Recent Contract Awards

What contract actions were recorded most recently for HERRICK TECHNOLOGY LABORATORIES INC.?

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

Award / PIIDSignedObligationAgency / officeNAICSPSC
FA875019C0530Mar 3, 2023$1.50MDEPT OF THE AIR FORCE FA8750 AFRL RIK541715AD93

10 / Interpreting the Profile

How should you evaluate HERRICK TECHNOLOGY LABORATORIES 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.