Recipients › California › Varda Space Industries, Inc.
Recipient organisation · UEI J3R2KNLS7GE4
Varda Space Industries, Inc.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.
Varda Space Industries, Inc., of El Segundo, CA, was obligated $48M in federal awards across the 4 fiscal years in which it reached the $1.0M listing floor (2023, 2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $13M, of which $13M (100%) came through contracts.
That is down 29% on FY2025 ($18M).
Varda Space Industries, Inc. ranks 900 of 2,947 listed organisations located in CA by five-year obligations, and 9,908 of 30,989 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Defense: 5 awards worth $48M in total award value.
Its largest contract industry is NAICS 541715 (Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)), where it ranks 216 of 1,484 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $9,025,154 | $9,025,154 | $0 | — |
| FY2024 | $8,626,251 | $8,626,251 | $0 | -4% |
| FY2025 | $17,779,172 | $17,779,172 | $0 | +106% |
| FY2026 | $12,560,986 | $12,560,986 | $0 | -29% |
| FY2027 to date | under $1.0M | — | — | — |
A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.
Compared with its state and the largest recipients five listed years
| Measure | This organisation | Largest in CA | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $48M | $416B | $416B |
| FY2026 obligations | $13M | $118B | $118B |
| Contracts, five years | $48M | under $1.0M | $94B |
| Assistance, five years | $0 | $416B | $416B |
| Rank by five-year obligations | 9,908 of 30,989 | 1 of 2,947 in CA | 1 |
Largest in state: Health Care Services, California Department of. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.
Awarding agencies $1.0M+ awards since FY2023
| # | Agency | Awards | Award value | Share |
|---|---|---|---|---|
| 1 | Department of Defense | 5 | $48M | 100% |
Contract industries NAICS
Rank within NAICS 541715: 216 of 1,484 organisations by $1.0M+ award value; see Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology).
Places of performance $1.0M+ awards
Counties: Los Angeles County, CA $48M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of DefenseDepartment of the Air Force | ContractDefinitive Contract | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $27M | 12 May 2023 | CA | USAspending |
| Department of DefenseDepartment of the Air Force | ContractDelivery Order | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $10M | 30 Dec 2024 | CA | USAspending |
| Department of DefenseDepartment of the Air Force | ContractDelivery Order | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $5.0M | 10 Dec 2024 | CA | USAspending |
| Department of DefenseDepartment of the Air Force | ContractDelivery Order | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $4.1M | 28 Jan 2026 | CA | USAspending |
| Department of DefenseDepartment of the Air Force | ContractPurchase Order | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $1.4M | 25 Jan 2024 | CA | USAspending |
Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.
- $27M, Department of Defense, 12 May 2023: STRATFI, SMALL BUSINESS INNOVATIVE RESEARCH, ECONOMICAL REENTRY CAPSULES FOR HYPERSONIC TESTING
- $10M, Department of Defense, 30 Dec 2024: TASK ORDER 3 - TWO NOMINAL SCHEDULE INTERIOR PAYLOAD LAUNCHES FOR OCTOBER 2025.
- $5.0M, Department of Defense, 10 Dec 2024: THIS TASK ORDER IS FOR THE ORDER OF ONE ACCELERATED INTERIOR PAYLOAD LAUNCH WITH A LAUNCH DATE OF MARCH 2025.
- $4.1M, Department of Defense, 28 Jan 2026: THIS TASK ORDER IS FOR THE ORDER OF LAUNCH SERVICES IN THE MONTH OF OCTOBER 2026.
- $1.4M, Department of Defense, 25 Jan 2024: HIGH DELTAV, HIGH THRUST, HIGH-AVAILABILITY COMMERCIAL SATELLITE BUS
Questions and answers
How much federal money does Varda Space Industries, Inc. receive?
$48M in award obligations over the fiscal years it is listed for (FY2023: $9.0M; FY2024: $8.6M; FY2025: $18M; FY2026: $13M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Varda Space Industries, Inc.?
By the value of $1.0M-plus awards begun since FY2023: Department of Defense ($48M).
What is the money for?
Contracts are classified under NAICS 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology).
Where is the work performed?
Primary places of performance for its larger awards: CA ($48M).
Is Varda Space Industries, Inc. a large federal recipient?
It ranks 9,908 of 30,989 organisations on this site by five-year obligations and 900 of 2,947 located in CA. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.
Where does this data come from?
USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.
Provenance
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.