Federal contractor · COATESVILLE, PA

FARASON CORPORATION

FARASON CORPORATION received $5.6M in federal contract obligations in FY2026, on 20 awards (+82% vs FY2025). Since FY2017: $36.3M. Its largest customer was United States Mint ($5.6M).

Obligations · FY2026
$5.6M
New awards
20
Sole-source
3.0%
Single offer
0.0%
UEI
GX8ABTC1R494
Small business
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 2MFY2017
  2. 338.1KFY2018
  3. 1.2MFY2019
  4. 3MFY2020
  5. 1.1MFY2021
  6. 3.3MFY2022
  7. 10.3MFY2023
  8. 6.3MFY2024
  9. 3.1MFY2025
  10. 5.6MFY2026

Top buying agencies

Obligations in FY2026.

  1. United States Mint$5.6M100%
    20 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Other equipment & supplies$5.5M98%
  2. Equipment maintenance$137.4K2.4%

Where the work was performed

  1. Chester County, PA$5.6M100%

Integrity signals

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

  • Low competition3.0%
    US 39% · $166K
  • Sole-source awards3.0%
    US 30% · $166K
  • Single-offer competitions0.0%
    US 8.7% · $0
  • 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. United States Mint$166K
    Department of the Treasury · 2 awards

Largest awards

  1. UNITED STATES SAN FRANCISCO MINT LENS ASSEMBLY LINE AL3$4.8M
    United States Mint· Chester County, PA· Other equipment & supplies· Aug 10, 2026 – Aug 10, 2026· 2031JG26F00193
  2. FARASON MACHINERY CONTRACT - SF CARTONING LINE REPLACEMENT$4.5M
    United States Mint· Chester County, PA· Other equipment & supplies· Sep 26, 2024 – Jun 10, 2026· 2031JG24F00444
  3. SF CASE PACKER - FARASON MACHINERY$3M
    United States Mint· Chester County, PA· Other equipment & supplies· Apr 19, 2023 – Nov 25, 2025· 2031JG23F00194
  4. WP AUTOTUBER 2 REPLACEMENT$2.3M
    United States Mint· Chester County, PA· Other equipment & supplies· Jun 2, 2025 – Mar 9, 2026· 2031JG25F00201
  5. FARASON ROBOTIC MACHINERY CONTRACT WEST POINT MINT AUTOTUBER$2.1M
    United States Mint· Chester County, PA· Other equipment & supplies· Sep 11, 2023 – Sep 25, 2026· 2031JG23F00332
  6. FARASON MACHINERY CONTRACT - SF MINT ENCAPPER$1.8M
    United States Mint· Chester County, PA· Other equipment & supplies· Oct 13, 2023 – Sep 25, 2026· 2031JG24F00010
  7. SF ENCAPSULAION SYSTEM$1.4M
    United States Mint· Chester County, PA· Other equipment & supplies· Feb 3, 2023 – Dec 2, 2025· 2031JG23F00131
  8. SMALL MEDALS FARASON AUTOMATION UPGRADE (DN & PH)$239.7K
    United States Mint· Chester County, PA· Other equipment & supplies· Jun 2, 2025 – Jul 2, 2026· 2031JG25F00199

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 4 markets (agency × industry), FY2024–FY2026.

  1. CONSOLIDATED ENGINEERING COMPANY, INC.$7M−52% in FY2026
    KENNESAW, GA · 45% of this company's obligations are in markets they both serveUnited States Mint · Other general purpose machinery manufacturing
  2. OBERG INDUSTRIES LLC$6.9M−44% in FY2026
    FREEPORT, PA · 36% of this company's obligations are in markets they both serveUnited States Mint · Other general purpose machinery manufacturing
  3. SECO/WARWICK CORPORATION$4.7M+750% in FY2026
    MEADVILLE, PA · 8.9% of this company's obligations are in markets they both serveUnited States Mint · Other general purpose machinery manufacturing

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 9, 2026, loaded Oct 9, 2026 · FY2024–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026.