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AWARDDEFINITIVE CONTRACT

Definitive contract N0002425CS059MARITIME APPLIED PHYSICS CORPORATION

Overview

Award facts

Net obligations
$1.40M
$1,395,380of $1.99M potential value
Period of performance
Apr 24, 2025 to Feb 20, 2027
Ends in 3 months
Modifications
2
Latest action Feb 20, 2026
Contract type
Definitive contract
PIID N0002425CS059

Dates and value

Award date
Signed on Apr 24, 2025
Potential end of performance
Apr 23, 2028
Current value
$1,395,380Base and exercised options
Potential value (if all options are exercised)
$1,993,192

Obligations by fiscal year of action

  • FY2026: $696,721
  • FY2025: $698,659

Total across 2 fiscal years: $1,395,380

The Department of Defense funded and awarded this contract. DoD contract actions are withheld at the source for about 90 days after signature, so actions signed after Aug 10, 2026 are not yet public.

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Feb 20, 2026. View on USAspending · Recipient on SAM.gov

Recipient

NameMARITIME APPLIED PHYSICS CORPORATION
LocationCURTIS BAY, MD
UEIRGFBAKWWL465
CAGE code0E3P8
Parent companyMARITIME APPLIED PHYSICS CORPORATION

Agency and place

Awarding and funding

Awarded by
  1. Department of Defense
  2. Department Of The Navy
  3. NAVSEA HQ
Funded by
  1. Department of Defense
  2. Department Of The Navy
  3. NAVSEA HQ

Place of performance

Place of performance
Curtis Bay, Maryland

Classification and competition

Classification

NAICS
541713RESEARCH AND DEVELOPMENT IN NANOTECHNOLOGY
Product or service (PSC)
AC32NATIONAL DEFENSE R&D SERVICES; DEFENSE-RELATED ACTIVITIES; APPLIED RESEARCH (research and development)

Competition

Extent competed
Full and open competition after exclusion of sourcesD
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
Not reported
Contract pricing
Cost plus fixed feeU
Offers received
2

Contract details

Multi-year contract
No
Performance-based service acquisition
Yes - service where PBA is used.Y

Transaction history

Modification history

Base award
Apr 24, 2025Base obligation at award: $698,659
Latest action
Feb 20, 2026 — Option exercisedModification P00002; obligation change +$696,721
Latest substantive action
Feb 20, 2026 — Option exercisedModification P00002; obligation change +$696,721
Actions by type
  • Base award1
  • Option exercised1
  • Other administrative action1
3 actions recorded, Apr 24, 2025 to Feb 20, 2026; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Pricing and financing

Latest action: change in base and exercised options
$696,721

Structure

Award or IDV
Award
Award type
Definitive contractD
Awarding agency code
9700
Awarding sub-tier code
1700
Contracting office code
N00024
Transactions recorded under this award key
1

Funding

Funding agency code
9700
Funding sub-tier code
1700
Funding office code
N00024