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DefDex

Federal award

MAGNA DRIVE CORP

N0010426PSA95

Contract

Obligated and Ceiling

Obligated (net)
$137,692.80
Ceiling (potential value, not spending)
$85,706.80
Current value
$85,706.80
Gross positive obligations
$168,884.40

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
MAGNA DRIVE CORP · JT1HGF4MJAL7
Owner company
Not a reviewed companyNo reviewed company owns this recipient.
Reported parent
MAGNA DRIVE CORP · JT1HGF4MJAL7
Awarding agency
Department of War · sub-agency 1700 · office N00104
Funding agency
Department of War · sub-agency 1700
Product or service (PSC)
3010 · TORQUE CONVERTERS AND SPEED CHANGERS
Industry (NAICS)
333612 · SPEED CHANGER, INDUSTRIAL HIGH-SPEED DRIVE, AND GEAR MANUFACTURING
PIID
N0010426PSA95
Award type code
B
Actions
2 · Mar 19, 2026 to Jul 5, 2026
Why it is listed
gross positive obligations of $100k or more (contracts)

Open this award on USAspending →

Action History2

Award actions
DateFYModAction typeObligationCompany in company totals
Jul 5, 2026FY2026P00001B−$31,191.60
—
Mar 19, 2026FY20260—$168,884.40
—

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.