Federal contractor · NATICK, MA

ALTEC, INC

ALTEC, INC received $6.1M in federal contract obligations in FY2026, on 2 awards. Since FY2021: $11.6M. Its largest customer was Department of the Army ($6M). It also received $970.5K in federal grants and other assistance in FY2026.

Obligations · FY2026
$6.1M
New awards
2
Sole-source
2.0%
Single offer
98%
UEI
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Small business
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 324.7KFY2021
  2. 0FY2022
  3. 4.9MFY2023
  4. 302.2KFY2024
  5. -1KFY2025
  6. 6.1MFY2026

Top buying agencies

Obligations in FY2026.

  1. Department of the Army$6M98%
    1 awards
  2. Department of the Navy$120.3K2.0%
    1 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Research & development$6.1M100%

Where the work was performed

  1. Middlesex County, MA$6.1M100%

Integrity signals

Shares of the year's obligations, next to the country's.

  • Low competition100%
    US 39% · $6.1M
  • Sole-source awards2.0%
    US 30% · $120.3K
  • Single-offer competitions98%
    US 8.8% · $6M
  • Urgency justifications0.0%
    US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Agencies awarding it sole-source contracts

  1. Department of the Navy$120.3K
    Department of Defense · 1 awards

Largest awards

  1. SMALL BUSINESS INNOVATION RESEARCH (SBIR) PHASE II SEQUENTIAL TOPIC A234-004, DIVER PERFORMANCE MONITORING SYSTEM.$6M
    Department of the Army· Middlesex County, MA· Research & development· Mar 17, 2026 – May 13, 2026· W5170126CA124
  2. KINEMATIC ASSESSMENT AND TRAINING OF MUSCULOSKELETAL INJURIES (MSKIS)$120.3K
    Department of the Navy· Middlesex County, MA· Research & development· Mar 31, 2026 – Mar 31, 2026· N0018926PB013

Federal grants & assistance received

Grants, loans (counted at their subsidy cost), direct payments and insurance, by fiscal year of the action (USAspending.gov, FABS). Reported apart from contracts and never added to them.

ALTEC, INC received $970.5K in federal assistance in FY2026, on 4 actions (0 new awards), +40% vs FY2025. Its largest program was 93.853 · Extramural Research Programs in the Neurosciences and Neurological Disorders ($970.5K).

Assistance · FY2026
$970.5K
New awards
0
Actions
4
Since FY2021
$8.6M

Assistance by fiscal year

  1. 850.9KFY2021
  2. 2.4MFY2022
  3. 2.1MFY2023
  4. 1.5MFY2024
  5. 690.9KFY2025
  6. 970.5KFY2026

By type

  1. Grants$970.5K100%

Top programs

  1. 93.853 · Extramural Research Programs in the Neurosciences and Neurological Disorders$970.5K100%

Awarding agencies

  1. National Institutes of Health$970.5K100%
    Department of Health and Human Services

Largest awards

  1. AUGMENTED REALITY PLATFORM FOR TELEHEALTH REHABILITATION - RESTRICTIONS IMPOSED BY THE COVID-19 GLOBAL PANDEMIC HAVE CONTINUED TO ALTER THE…$2M
    93.866 · Aging Research· National Institutes of Health· Project grant· Apr 27, 2023 – Mar 19, 2026· R44AG072991
  2. ADAPTIVE & INDIVIDUALIZED AAC - NEARLY 5 MILLION AMERICANS REQUIRE AUGMENTATIVE AND ALTERNATIVE COMMUNICATION (AAC) METHODS TO MEET THEIR…$1.7M
    93.173 · Research Related to Deafness and Communication Disorders· National Institutes of Health· Project grant· Apr 1, 2022 – Jul 31, 2026· R44DC018437
  3. NEUROVISION™: A SMARTPHONE APPLICATION FOR NEUROLOGY AND TELEMEDICINE - ABSTRACT TECHNOLOGICAL ADVANCEMENTS HAVE SHIFTED THE DELIVERY OF…$970.5K
    93.853 · Extramural Research Programs in the Neurosciences and Neurological Disorders· National Institutes of Health· Project grant· Jul 30, 2026 – Jul 30, 2026· R44NS125709
  4. AUGMENTED REALITY (AR) HAND TRAINER FOR STROKE$570.4K
    93.433 · Acl National Institute on Disability, Independent Living, and Rehabilitation Research· Administration for Community Living· Project grant· May 24, 2023 – Jul 6, 2026· 90BISB0030

Source: Federal financial assistance transactions (Financial Assistance Broker Submission) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 3, 2026, loaded Oct 3, 2026 · FY2021–FY2026.

Competitors

Companies that win from the same buyers in the same markets: obligations by agency and industry compared over the last three fiscal years.

Compared on 2 markets (agency × industry), FY2024–FY2026.

  1. QUALCOMM INTELLIGENT SOLUTIONS INC$6.1M
    SAN DIEGO, CA · 93% of this company's obligations are in markets they both serveArmy · Scientific research and development services
  2. WINGXPAND INC.$6.6M−91% in FY2026
    SAINT LOUIS, MO · 96% of this company's obligations are in markets they both serveArmy · Scientific research and development servicesNavy · Scientific research and development services
  3. MODALAI, INC.$6.4M−18% in FY2026
    SAN DIEGO, CA · 94% of this company's obligations are in markets they both serveArmy · Scientific research and development services

Showing the top 3 of 25 competitors. Open the profile for the full list.

Who sells to the same buyers in the same markets, not who wins against whom on a given contract. Prime contract obligations by the agency and NAICS code of each award; subawards are never added. A company is a family of legal entities, joined by parent UEI or, in part, by an AI reading of names.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 3, 2026, loaded Oct 3, 2026 · FY2024–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 3, 2026, loaded Oct 3, 2026.