Federal contractor · SAINT PAUL, MN

MAGSTIM INC

MAGSTIM INC received $550.1K in federal contract obligations in FY2026, on 6 awards (+64% vs FY2025). Since FY2017: $6.4M. Its largest customer was National Institutes of Health ($302.5K).

Obligations · FY2026
$550.1K
New awards
6
Sole-source
45%
Single offer
43%
UEI
MMDHHFM418D8
Small business

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 1.6MFY2017
  2. 399.6KFY2018
  3. 1MFY2019
  4. 806.4KFY2020
  5. 182.4KFY2021
  6. 548.7KFY2022
  7. 684.8KFY2023
  8. 271.5KFY2024
  9. 336.4KFY2025
  10. 550.1KFY2026

Top buying agencies

Obligations in FY2026.

  1. 2 awards
  2. 4 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Other equipment & supplies$302.5K55%
  2. Health & medical$211.6K38%
  3. Equipment maintenance$36K6.5%

Where the work was performed

Integrity signals

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

  • Low competition88%
    US 39% · $481.4K
  • Sole-source awards45%
    US 30% · $247.6K
  • Single-offer competitions43%
    US 8.7% · $233.9K
  • 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 Veterans Affairs · 3 awards

Largest awards

  1. National Institutes of Health· Ramsey County, MN· Other equipment & supplies· Aug 18, 2026 – Aug 18, 2026· 75N98026P01355
  2. Department of Veterans Affairs· Ramsey County, MN· Health & medical· Jan 27, 2026 – Jan 27, 2026· 36C26126P0378
  3. National Institutes of Health· Baltimore County, MD· Other equipment & supplies· Jun 24, 2026 – Jun 24, 2026· 75N98026P00799
  4. Department of Veterans Affairs· Ramsey County, MN· Health & medical· Jul 14, 2026 – Jul 14, 2026· 36C26126P0921
  5. Department of Veterans Affairs· Lewis and Clark County, MT· Equipment maintenance· Nov 14, 2025 – Jun 16, 2026· 36C25926P0078
  6. Department of Veterans Affairs· Ramsey County, MN· Health & medical· Jan 25, 2021 – Oct 9, 2025· 36C25921P0260

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. NEUROPACE INC$1M−25% in FY2026
    MOUNTAIN VIEW, CA · 62% of this company's obligations are in markets they both serveVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Medical equipment and supplies manufacturingNational Institutes of Health · Navigational, measuring, electromedical, and control instruments manufacturing
  2. C. R. BARD, INC.$675.5K−8.3% in FY2026
    FRANKLIN LAKES, NJ · 3 entities · 51% of this company's obligations are in markets they both serveVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Medical equipment and supplies manufacturingVeterans Affairs · Electronic and precision equipment repair and maintenance
  3. LI-COR BIOTECH, LLC$653.9K+170% in FY2026
    LINCOLN, NE · 48% of this company's obligations are in markets they both serveNational Institutes of Health · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Electronic and precision equipment repair and maintenance

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.