Federal contractor · REDMOND, WA

MAGNA DRIVE CORP

MAGNA DRIVE CORP received $230.2K in federal contract obligations in FY2026, on 6 awards. Its largest customer was Department of the Navy ($178.8K).

Obligations · FY2026
$230.2K
New awards
6
Sole-source
4.0%
Single offer
80%
UEI
JT1HGF4MJAL7
Small business

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 230.2KFY2026

Top buying agencies

Obligations in FY2026.

  1. 3 awards
  2. 3 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Other equipment & supplies$230.2K100%

Where the work was performed

  1. King County, WA$230.2K100%

Integrity signals

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

  • Low competition84%
    US 39% · $193.2K
  • Sole-source awards4.0%
    US 30% · $9,274
  • Single-offer competitions80%
    US 8.7% · $184K
  • 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 Defense · 1 awards

Largest awards

  1. Department of the Navy· King County, WA· Other equipment & supplies· Mar 19, 2026 – Mar 19, 2026· N0010426PSA95
  2. Defense Logistics Agency· King County, WA· Other equipment & supplies· Mar 19, 2026 – Mar 19, 2026· SPRMM126PMA60
  3. Defense Logistics Agency· King County, WA· Other equipment & supplies· Jan 5, 2026 – Feb 10, 2026· SPRMM126PMA10
  4. Defense Logistics Agency· King County, WA· Other equipment & supplies· May 14, 2026 – May 14, 2026· SPRMM126PPA04
  5. Department of the Navy· King County, WA· Other equipment & supplies· Nov 5, 2025 – Nov 5, 2025· N0010426PSA38
  6. Department of the Navy· King County, WA· Other equipment & supplies· May 6, 2026 – Jun 10, 2026· N0010426PSB64

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

  1. DYNAMIC CONTROLS LIMITED$162.2K−100% in FY2026
    OLDHAM, GBR · 70% of this company's obligations are in markets they both serveNavy · Engine, turbine, and power transmission equipment manufacturing
  2. THREAD-CRAFT, LLC$214.3K−43% in FY2026
    STERLING HEIGHTS, MI · 73% of this company's obligations are in markets they both serveNavy · Engine, turbine, and power transmission equipment manufacturing
  3. HYDRA MARINE LLC$159.7K−42% in FY2026
    SAN DIEGO, CA · 54% of this company's obligations are in markets they both serveNavy · Engine, turbine, and power transmission equipment manufacturingNavy · Ship and boat building

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.