Federal contractor · KNOXVILLE, TN

PETNET SOLUTIONS, INC.

PETNET SOLUTIONS, INC. received $8.2M in federal contract obligations in FY2026, on 42 awards (+104% vs FY2025). Since FY2017: $40.7M. Its largest customer was Department of Veterans Affairs ($7.1M).

Obligations · FY2026
$8.2M
New awards
42
Sole-source
46%
Single offer
32%
UEI
Z63RLN31BEE5
Parent company
ALTAIR ENGINEERING INC.
Small businessForeign-owned
Open in the contracts explorerRelationship graph

Company family

Grouped from reported parent companies (UEI) and, where marked, AI judgments that two records name the same organization or group.

Part of the SIEMENS MEDICAL SOLUTIONS USA, INC. company family: 56 registered entities, $457.8M in FY2026 together. See the family

  1. SIEMENS MEDICAL SOLUTIONS USA, INC.MALVERN, PA · Family page
    $255.5M
  2. SIEMENS GOVERNMENT TECHNOLOGIES INCARLINGTON, VA
    $102.5M
  3. VARIAN MEDICAL SYSTEMS, INCPALO ALTO, CA
    $58.7M
  4. SIEMENS HEALTHCARE DIAGNOSTICS INC.TARRYTOWN, NY
    $27.2M
  5. VAREX IMAGING CORPLAS VEGAS, NV
    $3M

AI-inferred: entity-match@1 · Analisa AI · 2026-10-05

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 3.1MFY2017
  2. 4.5MFY2018
  3. 3.5MFY2019
  4. 5.2MFY2020
  5. 4.9MFY2021
  6. 2.7MFY2022
  7. 1MFY2023
  8. 3.6MFY2024
  9. 4MFY2025
  10. 8.2MFY2026

Top buying agencies

Obligations in FY2026.

  1. Department of Veterans Affairs$7.1M87%
    36 awards
  2. Department of the Army$492K6.0%
    2 awards
  3. Federal Prison System / Bureau of Prisons$279.8K3.4%
    2 awards
  4. Defense Health Agency$265.2K3.3%
    2 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Health & medical$7.9M97%
  2. Other equipment & supplies$279.8K3.4%

Where the work was performed

  1. Knox County, TN$5.2M63%
  2. DeKalb County, GA$1.9M23%
  3. Marion County, IN$696K8.5%
  4. El Paso County, TX$246.1K3.0%
  5. Pierce County, WA$235.1K2.9%
  6. Essex County, NJ$226.6K2.8%
  7. Philadelphia County, PA$6,3150.1%

Integrity signals

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

  • Low competition78%
    US 39% · $6.4M
  • Sole-source awards46%
    US 30% · $3.7M
  • Single-offer competitions32%
    US 8.8% · $2.6M
  • 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 Veterans Affairs$3.5M
    Department of Veterans Affairs · 11 awards

Largest awards

  1. MINNEAPOLIS VA HEALTH CARE SYSTEM RADIOPHARMACEUTICALS$1.9M
    Department of Veterans Affairs· Knox County, TN· Health & medical· Oct 1, 2025 – Apr 15, 2026· 36C26326N0205
  2. PET RADIOPHARMACEUTICALS$1.6M
    Department of Veterans Affairs· DeKalb County, GA· Health & medical· Aug 19, 2026 – Aug 19, 2026· 36C24726P0726
  3. POSLUMA$738.4K
    Department of Veterans Affairs· Knox County, TN· Health & medical· Sep 10, 2026 – Sep 10, 2026· 36C25626N0794
  4. RADIOPHARMACEUTICAL: AMYVID$728.3K
    Department of Veterans Affairs· Knox County, TN· Health & medical· Sep 9, 2025 – Jun 16, 2026· 36C24825N0339
  5. AMYVIS FOR PET SCANS$697.1K
    Department of Veterans Affairs· Charleston County, SC· Health & medical· Apr 20, 2021 – Sep 22, 2026· 36C24721P0488
  6. FIVE YEAR FOR PET ISOTOPES$696K
    Department of Veterans Affairs· Marion County, IN· Health & medical· Oct 30, 2025 – Jul 9, 2026· 36C25026N0149
  7. RADIOPHARMACEUTICAL SUPPLIES OY 2$518.8K
    Department of Veterans Affairs· Knox County, TN· Health & medical· Feb 27, 2026 – Feb 27, 2026· 36C24626N0519
  8. VA ALBUQUERQUE FDG B+OY4 BASE YEAR 5/1/24 TO 4/30/25 SUBSEQUENT OPTION YEAR TERM SHALL BE FOLLOWED AND SHALL BE ISSUED UNDER A NEW PO AT COMMENCEMENT OF EACH YEAR.$394.7K
    Department of Veterans Affairs· Knox County, TN· Health & medical· Mar 13, 2024 – Jun 16, 2026· 36C26224C0135

Teaming partners

Companies this company reported paying, primes that reported paying it, from FFATA subaward reports.

Companies it pays

6 companies · $1.8M reported

  1. TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA, THE$575K
    PHILADELPHIA, PA · 1 subaward · Scientific research and development services
  2. MASSACHUSETTS INSTITUTE OF TECHNOLOGY$530K
    LEXINGTON, MA · 1 subaward · Scientific research and development services
  3. PLANNING, INC.$281.9K
    ANNANDALE, VA · 1 subaward · Architectural, engineering, and related services

Primes that pay it

86 companies · $296.3M reported

  1. NATIONAL CENTER FOR MANUFACTURING SCIENCES INC$129.7M
    ANN ARBOR, MI · 29 subawards
  2. NORTHROP GRUMMAN SYSTEMS CORPORATION$47.9M
    MELBOURNE, FL · 11 subawards · Aerospace product and parts manufacturing
  3. INTEGRATION INNOVATION INC$25.8M
    HUNTSVILLE, AL · 10 subawards · Scientific research and development services

Showing the top 3 of each list. Open the profile for potential partners and the full lists.

Primes report first-tier subawards of $30,000 or more themselves, and many go unreported (GAO-24-106214). Reporting moved from FSRS to SAM.gov in March 2025 and fewer sub-contracts have been reported since. Amounts are what primes reported; they are never added to prime award totals.

Source: Subawards (first-tier sub-contracts and sub-grants reported under FFATA) (U.S. Department of the Treasury, USAspending.gov (reports filed in SAM.gov, formerly FSRS)), data current to Oct 3, 2026, loaded Oct 3, 2026 · Subawards loaded from 2021.

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

  1. SONOVA USA INC$688.4M−65% in FY2026
    WARRENVILLE, IL · 48% of this company's obligations are in markets they both serveVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Electronic and precision equipment repair and maintenance
  2. GE PRECISION HEALTHCARE LLC$691M−3.5% in FY2026
    WAUKESHA, WI · 9 entities · 41% of this company's obligations are in markets they both serveVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingDefense Logistics Agency · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Electronic and precision equipment repair and maintenance+1 more
  3. PHILIPS NORTH AMERICA LLC$661.9M+17% in FY2026
    BOTHELL, WA · 17 entities · 39% of this company's obligations are in markets they both serveVeterans Affairs · Navigational, measuring, electromedical, and control instruments manufacturingDefense Logistics Agency · Navigational, measuring, electromedical, and control instruments manufacturingVeterans Affairs · Electronic and precision equipment repair and maintenance+1 more

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 7, 2026, loaded Oct 7, 2026 · FY2024–FY2026.

Lobbying and PAC activity

Organizations in House lobbying disclosures and FEC records whose names an AI judgment matched to this company. Those records carry no identifier shared with contracts, so every match is by name.

Across the company family of SIEMENS MEDICAL SOLUTIONS USA, INC. (56 recipients).

Matched organizations

  • SIEMENS MEDICAL SOLUTIONS USA INC.AI match · 100%
  • Varex Imaging CorporationAI match · 100%
  • Siemens Government Technologies, INCAI match · 99%
  • Varian Medical Systems, Inc.AI match · 99%
  • VARIAN MEDICAL SYSTEMS, INC. PAC ('VARIAN PAC')AI match · 99%
  • Altair EngineeringAI match · 98%
Lobbying · 2025
$2.9M
17 reports
Lobbying · 2023–2026
$9.4M
$9.4M in its own reports
PAC giving · 2026
$164.5K
2 PACs

Lobbying by year

  1. 2023$2.2M
    26 reports
  2. 2024$2.8M
    23 reports
  3. 2025$2.9M
    17 reports
  4. 2026$1.6M
    15 reports

Top issues

  1. Health issues31 reports
  2. Medicare and Medicaid29 reports
  3. Trade (domestic and foreign)29 reports
  4. Defense23 reports
  5. Budget and appropriations18 reports
  6. Homeland security13 reports
  7. Veterans12 reports
  8. Medical and disease research, clinical labs11 reports

Who was contacted

  1. U.S. SENATE79 reports
  2. U.S. HOUSE OF REPRESENTATIVES77 reports
  3. Defense - Dept of (DOD)22 reports
  4. Army - Dept of (Corps of Engineers)13 reports
  5. Homeland Security - Dept of (DHS)12 reports
  6. Army - Dept of (Other)11 reports
  7. Veterans Affairs - Dept of (VA)8 reports
  8. Commerce - Dept of (DOC)6 reports
  9. Food & Drug Administration (FDA)6 reports
  10. Centers For Medicare and Medicaid Services (CMS)4 reports

Houses of Congress and federal agencies the reports list as contacted (a report names every one for all its issues).

Lobbying firms hired

  1. Avenue Solutions$950K
    14 reports
  2. Corrigan & Ussery LLC$420K
    13 reports
  3. BRICK STREET STRATEGY$310K
    9 reports
  4. Dorsey & Whitney LLP$230K
    14 reports
  5. Harpley CS, LLC$70K
    7 reports
  6. Strategic Marketing Innovations$40K
    2 reports
  7. MORAN GLOBAL STRATEGIES, INC.$30K
    2 reports
  8. Steptoe LLP$20K
    1 reports

9 firms in all. Registrants who are individuals are counted, not named.

PAC giving to candidates by party, 2026 cycle

  1. Republican$88K53%
  2. Democratic$76.5K47%

PACs sponsored

  • SIEMENS CORPORATION PAC$208.9K raised this cycle
  • SIEMENS HEALTHINEERS PAC (THE EMPLOYEE FUNDED POLITICAL ACTION COMMITTEE OF SIEMENS MEDICAL SOLUTIONS USA, INC.)$145.5K raised this cycle

PACs these organizations sponsor (connected organizations in FEC records). A PAC gives employees' and members' voluntary contributions, not the company's own money.

Lobbying amounts are the filers' own good-faith estimates on quarterly LD-2 reports (the law asks for amounts rounded to $10,000; under $5,000 need not be itemized), latest amendment only. When an organization files its own report, it replaces what outside firms report for it that quarter. Matches are by name. Lobbying and political giving are legal and public: they show engagement with government, not influence over any award. Correlation is not influence: these organizations' lobbying and their contracts are shown side by side, and nothing here implies either affected the other.

Source: Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives), data current to Oct 6, 2026, loaded Oct 6, 2026 · 2023–2026.

Source: Committees, candidates and committee contributions to candidates (Federal Election Commission), data current to Oct 6, 2026, loaded Oct 6, 2026 · 2026, 2024, 2022.

Matches: Analisa AI name judgments (entity-match@1), updated Oct 5, 2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 7, 2026, loaded Oct 7, 2026.