Recipients › Minnesota › Third Wave Systems, Inc.
Recipient organisation · UEI N9AQJLAWNAF4
Third Wave Systems, 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.
Third Wave Systems, Inc., of Eden Prairie, MN, was obligated $21M in federal awards across the 2 fiscal years in which it reached the $1.0M listing floor (2023, 2025).
Third Wave Systems, Inc. ranks 214 of 391 listed organisations located in MN by five-year obligations, and 17,360 of 30,000 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Defense: 2 awards worth $21M 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 529 of 1,463 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $15,185,647 | $15,185,647 | $0 | — |
| FY2024 | under $1.0M | — | — | — |
| FY2025 | $6,205,850 | $6,205,850 | $0 | — |
| FY2026 | under $1.0M | — | — | — |
| 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 MN | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $21M | $55B | $416B |
| FY2026 obligations | under $1.0M | $14B | $118B |
| Contracts, five years | $21M | $4.6M | $94B |
| Assistance, five years | $0 | $55B | $416B |
| Rank by five-year obligations | 17,360 of 30,000 | 1 of 391 in MN | 1 |
Largest in state: Minnesota Department of Human Services. 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 | 2 | $21M | 100% |
Contract industries NAICS
Rank within NAICS 541715: 529 of 1,463 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: Hennepin County, MN $21M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of DefenseDefense Contract Management Agency | ContractDefinitive Contract | 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | $15M | 20 Sep 2023 | MN | USAspending |
| Department of DefenseDepartment of the Air Force | ContractDefinitive Contract | 541512 Computer Systems Design Services | $6.2M | 16 Apr 2025 | MN | 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.
- $15M, Department of Defense, 20 Sep 2023: ADAPTIVE MODELING FOR LOW-COST TITANIUM
- $6.2M, Department of Defense, 16 Apr 2025: DIGITAL ENGINEERING ENABLED WORKFORCE DEVELOPMENT
Questions and answers
How much federal money does Third Wave Systems, Inc. receive?
$21M in award obligations over the fiscal years it is listed for (FY2023: $15M; FY2025: $6.2M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Third Wave Systems, Inc.?
By the value of $1.0M-plus awards begun since FY2023: Department of Defense ($21M).
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) and NAICS 541512 Computer Systems Design Services.
Where is the work performed?
Primary places of performance for its larger awards: MN ($21M).
Is Third Wave Systems, Inc. a large federal recipient?
It ranks 17,360 of 30,000 organisations on this site by five-year obligations and 214 of 391 located in MN. 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.