GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$8.90M
Contract actions18
Awards / PIIDs5
Federal customers2
Contracting offices2
Average action$494.5K
Active fiscal years6
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $8.90M in net contract obligations to INNOVATIVE TECHNOLOGY INC across 18 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

INNOVATIVE TECHNOLOGY 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$146.5K
FY 2024
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$1.48M32
FY 2020$7.05M82+374.7%
FY 2021$011−100.0%
FY 2022$225.7K21
FY 2023$021−100.0%
FY 2024$146.5K21

04 / Federal Customers

Which federal agencies buy from INNOVATIVE TECHNOLOGY INC?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
1700$7.40M1583.1%
5700$1.50M316.9%

05 / Contracting Offices

Which contracting offices buy from INNOVATIVE TECHNOLOGY INC?

Ranked by net obligations during FY 2019–FY 2025.

OfficeCodeAgencyObligationsActionsVendor share
N68335DEPT OF THE NAVY$7.40M1583.1%
FA8650DEPT OF THE AIR FORCE$1.50M316.9%

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)$8.59M16296.5%
541712RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)$310.6K213.5%

07 / Top Product and Service Codes

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

PSCDescriptionObligationsActionsCustomersShare
AD92R&D- DEFENSE OTHER: OTHER (APPLIED RESEARCH/EXPLORATORY DEVELOPMENT)$6.94M12178.0%
AC12R&D- DEFENSE SYSTEM: AIRCRAFT (APPLIED RESEARCH/EXPLORATORY DEVELOPMENT)$1.50M3116.9%
AC62R&D- DEFENSE SYSTEM: ELECTRONICS/COMMUNICATION EQUIPMENT (APPLIED RESEARCH/EXPLORATORY DEVELOPMENT)$310.6K213.5%
AC11NATIONAL DEFENSE R&D SERVICES; DEPARTMENT OF DEFENSE - MILITARY; BASIC RESEARCH$146.5K111.6%

08 / Competition Pattern

How was INNOVATIVE TECHNOLOGY INC’s federal work competed?

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

Competition categoryObligationsActions
Not competed under SAP$7.31M14
Not competed$1.59M4

09 / Recent Contract Awards

What contract actions were recorded most recently for INNOVATIVE TECHNOLOGY INC?

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

Award / PIIDSignedObligationAgency / officeNAICSPSC
N6833520C0168Jun 13, 2024$0DEPT OF THE NAVY NAVAIR WARFARE CTR AIRCRAFT DIV541715AD92

10 / Interpreting the Profile

How should you evaluate INNOVATIVE TECHNOLOGY 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.