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Department of Transportation Awarded a Contract to GLOBAL AEROSPACE, INC for $52,800,404.35

Signed on

4/24/2026, 12:00 AM

GLOBAL AEROSPACE, INC Government Contract #693KA926F00066

GLOBAL AEROSPACE, INC was awarded a contract with the United States Government for $52,800,404.35. The contract was awarded by the agency office 693KA9 CONTRACTING FOR SERVICES, which is a division with the Federal Aviation Administration within the Department of Transportation.

Summary of Award

Global Aerospace, Inc. received a federal contract from the Department of Transportation's Federal Aviation Administration to provide hull, comprehensive, and liability insurance worth $35,380. The contract was not competitively awarded and had only one source. The recipient is a U.S.-Owned Business based in Morris Plains, New Jersey.

Contract Details

Contract ID693KA926F00066
Contract TypeC
Total Obligation$35,380.00
Exercised Options$35,380.00
Base Amount + Options$52,800,404.35
Date Signed2026-04-24
Contract DescriptionTO PROVIDE HULL, COMPREHENSIVE, AND LIABILITY INSURANCE.
Start Date2026-04-24
End Date2027-05-31

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyFederal Aviation Administration
Awarding Office693KA9 CONTRACTING FOR SERVICES
Funding AgencyDepartment of Transportation
Funding Sub AgencyFederal Aviation Administration
Funding OfficeFAA

Recipient Details

RecipientGLOBAL AEROSPACE, INC
Recipient Location115 TABOR RD STE 3A MORRIS PLAINS NEW JERSEY, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$35,380.00April 24, 2026

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $35,380.00 to GLOBAL AEROSPACE, INC. The payment included a Subsidy Cost of $0.00.