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Department of Transportation Awarded a Contract to STRATEGIC TECHNOLOGY INSTITUTE INC for $5,480,415.17

Signed on

1/27/2025, 12:00 AM

STRATEGIC TECHNOLOGY INSTITUTE INC Government Contract #6973GH25F00418

STRATEGIC TECHNOLOGY INSTITUTE INC was awarded a contract with the United States Government for $5,480,415.17. The contract was awarded by the agency office 6973GH FRANCHISE ACQUISITION SVCS, which is a division with the Federal Aviation Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is Strategic Technology Institute Inc, located in Rockville, Maryland. The contract, funded by the Department of Transportation's Federal Aviation Administration, is for maintenance, repair, and rebuilding of aircraft and airframe structural components, totaling $4,900,000. Notable transactions include a payment of $2,400,000 for services rendered and a subsequent payment reduction of $143,622.68 on the contract.

Contract Details

Contract ID6973GH25F00418
Contract TypeC
Total Obligation$4,756,377.32
Exercised Options$4,756,377.32
Base Amount + Options$5,480,415.17
Date Signed2025-01-27
Contract DescriptionFUNDING 6973GH-24-D-00009 STRATEGIC TECHNOLOGY INSTITUTE (STI) (MECHANICS). OPTION YEAR I POP: 2-1-2025 THRU 1-31-2026.
Start Date2025-01-27
End Date2029-01-31

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyFederal Aviation Administration
Awarding Office6973GH FRANCHISE ACQUISITION SVCS
Funding AgencyDepartment of Transportation
Funding Sub AgencyFederal Aviation Administration
Funding OfficeFAA

Recipient Details

RecipientSTRATEGIC TECHNOLOGY INSTITUTE INC
Recipient Location6000 EXECUTIVE BLVD ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003$-143,622.68February 19, 2026

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $-143,622.68 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$500,000.00September 3, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $500,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$2,400,000.00April 17, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $2,400,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$2,000,000.00January 27, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $2,000,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.