Recipients › New Jersey › Oticon, Inc
Recipient organisation · UEI V6ESJZM8JVU7
Oticon, 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.
USAspending records $319M in award obligations to Oticon, Inc (Somerset, NJ) over the fiscal years it is listed for (2023, 2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $25M, of which $25M (100%) came through contracts.
That is down 74% on FY2025 ($96M).
Oticon, Inc ranks 39 of 712 listed organisations located in NJ by five-year obligations, and 2,138 of 30,000 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Veterans Affairs: 50 awards worth $293M in total award value.
Its largest contract industry is NAICS 334510 (Electromedical and Electrotherapeutic Apparatus Manufacturing), where it ranks 2 of 46 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $82,134,850 | $82,134,850 | $0 | — |
| FY2024 | $115,454,689 | $115,454,689 | $0 | +41% |
| FY2025 | $96,382,266 | $96,382,266 | $0 | -17% |
| FY2026 | $25,191,628 | $25,191,628 | $0 | -74% |
| 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 NJ | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $319M | $79B | $416B |
| FY2026 obligations | $25M | $22B | $118B |
| Contracts, five years | $319M | under $1.0M | $94B |
| Assistance, five years | $0 | $79B | $416B |
| Rank by five-year obligations | 2,138 of 30,000 | 1 of 712 in NJ | 1 |
Largest in state: Human Services, New Jersey 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 Veterans Affairs | 50 | $293M | 100% |
Contract industries NAICS
Rank within NAICS 334510: 2 of 46 organisations by $1.0M+ award value; see Electromedical and Electrotherapeutic Apparatus Manufacturing.
Places of performance $1.0M+ awards
Counties: Somerset County, NJ $291M · Jefferson County, CO $2.2M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $9.1M | 31 Jul 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.9M | 17 Jul 2024 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.8M | 10 Nov 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.6M | 12 Sep 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.5M | 5 Nov 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.3M | 10 Jun 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.1M | 30 Jun 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.1M | 1 Oct 2023 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $8.0M | 1 May 2023 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $7.9M | 19 May 2025 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $7.8M | 31 Aug 2024 | NJ | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing | $7.8M | 17 Apr 2025 | NJ | 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.
- $9.1M, Department of Veterans Affairs, 31 Jul 2025: EXPRESS REPORT: JULY 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT THROUGH ROES.
- $8.9M, Department of Veterans Affairs, 17 Jul 2024: EXPRESS REPORT: APRIL 2024 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.8M, Department of Veterans Affairs, 10 Nov 2025: EXPRESS REPORT: OCTOBER 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.6M, Department of Veterans Affairs, 12 Sep 2025: EXPRESS REPORT: AUGUST 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.5M, Department of Veterans Affairs, 5 Nov 2025: EXPRESS REPORT- SEPTEMBER 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.3M, Department of Veterans Affairs, 10 Jun 2025: EXPRESS REPORT: MAY 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.1M, Department of Veterans Affairs, 30 Jun 2025: EXPRESS REPORT: JUNE 2025 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
- $8.1M, Department of Veterans Affairs, 1 Oct 2023: EXPRESS REPORT: AUGUST 2023 DATA - PURCHASE ORDER DATA FOR VA NATIONAL HEARING AID CONTRACT.
Questions and answers
How much federal money does Oticon, Inc receive?
$319M in award obligations over the fiscal years it is listed for (FY2023: $82M; FY2024: $115M; FY2025: $96M; FY2026: $25M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Oticon, Inc?
By the value of $1.0M-plus awards begun since FY2023: Department of Veterans Affairs ($293M).
What is the money for?
Contracts are classified under NAICS 334510 Electromedical and Electrotherapeutic Apparatus Manufacturing and NAICS 811210 Electronic and Precision Equipment Repair and Maintenance.
Where is the work performed?
Primary places of performance for its larger awards: NJ ($291M) and CO ($2.2M).
Is Oticon, Inc a large federal recipient?
It ranks 2,138 of 30,000 organisations on this site by five-year obligations and 39 of 712 located in NJ. 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.