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DefDex

Federal award

VELO AVIATION LLC

FA860923FB022

Contract

Obligated and Ceiling

Obligated (net)
$437,280.00
Ceiling (potential value, not spending)
$774,640.00
Current value
$774,640.00
Gross positive obligations
$774,640.00

Obligated is what the government has committed, net of de-obligations. The ceiling is the most the award or vehicle could ever reach; it is shown separately and never added to, or compared as, spending.

Award Details

Recipient
VELO AVIATION LLC · N7XZLHMKVSC3
Owner company
Not a reviewed companyNo reviewed company owns this recipient.
Reported parent
VELO AVIATION LLC · N7XZLHMKVSC3
Awarding agency
Department of War · sub-agency 5700 · office FA8609
Funding agency
Department of War · sub-agency 5700
Product or service (PSC)
1680 · MISCELLANEOUS AIRCRAFT ACCESSORIES AND COMPONENTS
Industry (NAICS)
336413 · OTHER AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING
PIID
FA860923FB022
Parent vehicle (IDV PIID)
FA860922DB012
Award type code
C
Actions
5 · Aug 16, 2023 to Dec 16, 2024
Why it is listed
gross positive obligations of $100k or more (contracts)

Open this award on USAspending →

Action History5

Award actions
DateFYModAction typeObligationCompany in company totals
Dec 16, 2024FY2025P00003B−$337,360.00
—
May 30, 2024FY2024A00001M$0.00
—
Dec 19, 2023FY2024P00002M$0.00
—
Oct 16, 2023FY2024P00001M$0.00
—
Aug 16, 2023FY20230—$774,640.00
—

Newest first. Every obligation is shown as reported, including zero and negative (de-obligation) actions. Award lists belong to the company of the latest action; company totals credit each action to the company named on that row, so a note marks rows where the two differ.