US Vanadium and Largo Resources split $125 million Pentagon vanadium deal
The Defense Logistics Agency awarded the five-year sole-source contract for vanadium pentoxide, supplying all military branches through 2031.
The Defense Logistics Agency awarded the five-year sole-source contract for vanadium pentoxide, supplying all military branches through 2031.
US Vanadium LLC and Largo Resources USA Inc. will share a maximum $125 million Defense Logistics Agency contract for vanadium pentoxide, the Pentagon disclosed on June 30, 2026.
Here is the full post (see war.gov): “US Vanadium LLC,* Hot Springs National Park, Arkansas (SP8000-26-D-0015) and Largo Resources USA Inc.,* McLean, Virginia (SP8000-26-D-0016) are sharing a maximum $125 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract under solicitation (SP8000-26-R-0013) for Vanadium Pentoxide. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as implemented in the Federal Acquisition Regulation 6.103-3 (b)(1). These are five-year contracts with no option periods. The performance completion date is June 21, 2031. Using military services are Army, Marine Corps, Navy, Air Force, and Space Force. Type of appropriation is fiscal 2026 through 2031 transaction funds. The contracting activity is Defense Logistics Agency Contracting Services Office, Columbus, Ohio. (Awarded on June 22, 2026)”
The firm-fixed-price, indefinite-delivery/indefinite-quantity awards run for five years with no option periods and reach completion on June 21, 2031. The Defense Logistics Agency structured the buy as a sole-source acquisition under 10 U.S. Code 3204 (a)(3)(A), as implemented in Federal Acquisition Regulation 6.103-3 (b)(1). The Defense Logistics Agency Contracting Services Office in Columbus, Ohio, manages the work using fiscal 2026 through 2031 transaction funds.
The Defense Logistics Agency is a combat support agency in the U.S. Department of Defense that manages the global defense supply chain (see wikipedia.org). It is staffed by more than 26,000 civilian and military personnel across 48 states and 28 countries and supplies weapons, fuel, repair parts, and other materials to the armed forces (see wikipedia.org). The agency provides logistical, acquisition, and technical support for the Army, Navy, Air Force, Marine Corps and other federal agencies and allies (see usa.gov). This contract will supply vanadium pentoxide to the Army, Marine Corps, Navy, Air Force, and Space Force.
This marks the first contract awarded to US Vanadium LLC in 2026, bringing the company’s total contract value for the year to $125 million and establishing its initial benchmark within the Defense Logistics Agency portfolio.
The award is the 4th Department of Defense contract issued in Arkansas during 2026. It falls between the 2026 Defense Logistics Agency portfolio’s year-to-date minimum of $9.3 million and maximum of $1.5 billion. The award was announced among 24 Department of Defense contracts issued nationwide on June 30, 2026.
This contract represents the 1st contract awarded to US Vanadium LLC, in 2026, bringing the company’s total contract value for the year to $125,000,000. It is also the 4th Department of Defense contract awarded in Arkansas during 2026. Because this is the first award to US Vanadium LLC recorded in the database, it establishes the company’s initial benchmark within the Defense Logistics Agency portfolio. Specifically, it falls between the 2026 Defense Logistics Agency portfolio’s year-to-date minimum of $9,266,404 and maximum of $1,525,000,000. Overall, this award was announced among 24 Department of Defense contracts issued nationwide on June 30, 2026.
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