Qed Systems, INC.

UEI N62LME8FBJL6 CAGE 7B572 Active Virginia Beach, VA

Small Business · Data through July 3, 2026

Obligations, FY2025
$82.2M
Total obligations, FY2023–FY2025
$267.6M
Contract actions, FY2023–FY2025
304
Top agency
Department of Defense

Obligations by fiscal year

FY2021: $124,523,419FY2022: $91,910,962FY2023: $84,390,762FY2024: $101,050,143FY2025: $82,160,737FY2026: $83,650,702
Fiscal yearObligations
FY2026 (partial year)$83.7M
FY2025$82.2M
FY2024$101.1M
FY2023$84.4M
FY2022$91.9M
FY2021$124.5M

Agencies, NAICS, and PSC codes

Top awarding agencies
AgencyObligationsShare
Department of Defense$567.3M99.9%
General Services Administration$378K0.1%
Department of Homeland Security$19K0%
PSC codeObligationsShare
R425 — Support- Professional: Engineering/technical$285.8M50.3%
J019 — Maint/repair/rebuild of Equipment- Ships, Small Craft, Pontoons, and Floating Docks$147.5M26%
J998 — Non-Nuclear Ship Repair (east)$50.4M8.9%
1905 — Combat Ships and Landing Vessels$38.7M6.8%
J999 — Non-Nuclear Ship Repair (west)$11.5M2%

Contract type and set-aside mix

Contract pricing typeObligationsShare
Cost Plus Fixed Fee$290.2M51.1%
Cost Plus Award Fee$131.8M23.2%
Firm Fixed Price$73.3M12.9%
Cost Plus Incentive Fee$38.2M6.7%
Cost No Fee$34.2M6%
Order Dependent (idv Allows Pricing Arrangement to Be Determined Separately for Each Order)$9K0%
Set-aside typeObligationsShare
No Set Aside Used.$280.8M49.5%
Not Specified$275.2M48.5%
Small Business Set Aside - Total$11.6M2.1%

Place of performance by state

StateObligationsShare
VA$414.8M73.1%
CA$67.7M11.9%
PA$35.5M6.3%
ME$25.9M4.6%
FL$10.9M1.9%
WA$8.0M1.4%
Not specified$3.4M0.6%
MA$954K0.2%
GA$939K0.2%
TX$10K0%

Largest contract actions on file

AwardAgencyPeriod of performanceObligationRecord
N0002424C4201 · NAICS 336611Department of DefenseMarch 1, 2024 – February 28, 2027$16.2MView on USAspending
N0002418C4312 · NAICS 336611Department of DefenseJune 13, 2018 – June 12, 2022$13.2MView on USAspending
N0002424C4201 · NAICS 336611Department of DefenseMarch 1, 2024 – February 28, 2026$11.4MView on USAspending
N0002424C4201 · NAICS 336611Department of DefenseMarch 1, 2024 – February 28, 2027$11.4MView on USAspending
N0002421C4200 · NAICS 541330Department of DefenseOctober 28, 2020 – October 27, 2023$10.3MView on USAspending
N0002421C4200 · NAICS 541330Department of DefenseOctober 28, 2020 – October 27, 2021$10.3MView on USAspending
N0002424C4201 · NAICS 336611Department of DefenseMarch 1, 2024 – February 28, 2026$10.1MView on USAspending
N0002421C4200 · NAICS 541330Department of DefenseOctober 28, 2020 – October 27, 2022$9.6MView on USAspending
N0002421C4200 · NAICS 541330Department of DefenseOctober 28, 2020 – October 27, 2021$9.1MView on USAspending
N0002421C4200 · NAICS 541330Department of DefenseOctober 28, 2020 – February 29, 2024$8.5MView on USAspending

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What the numbers show

100% of this contractor's obligations on file ($567.3M of $567.7M) came from a single agency, Department of Defense.

2% of obligations on file ($11.6M) used a small-business set-aside; the rest carried no set-aside or an unspecified type.

Obligations decreased from $101.1M in FY2024 to $82.2M in FY2025, the last closed fiscal year.

Source: USAspending.gov, U.S. Department of the Treasury. Contract transactions FY2021–FY2026, downloaded 2026-09-18. Figures are net obligations and can include de-obligations. Department of Defense data is published with a 90-day delay. View this contractor's largest contract on USAspending.gov.

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