Dallas-Area Parasanti and Hypergiant Among 29 Companies Awarded ‘Massive’ $950M Department of Defense IDIQ Contract

The companies were picked, along with a cadre of other defense innovators, for a $950 million ceiling indefinite-delivery/indefinite-quantity contract from the Department of Defense, the United States Air Force announced today.

Texas-based Hypergiant Industries and Dallas-based Parasanti were picked, along with 27 other companies, for a $950 million ceiling indefinite-delivery/indefinite-quantity contract from the Department of Defense (DoD), the United States Air Force announced today.

The contract is part of a multiple award multi-level security effort to provide development and operation of systems as a unified force across all domains (air, land, sea, space, cyber, and electromagnetic spectrum). The aim is an open architecture family of systems that enables capabilities in multiple integrated platforms.

Parasanti, which has been called “the blue-collar analytics company,” is gaining traction in defense innovation. The company, founded in 2019, delivers AI and machine learning solutions, along with analytics tools for the defense, agriculture, oil and gas, and (soon) space industries, according to Co-Founder James Hancock. 

Hancock, who was featured in Dallas Innovates’ Future 50 in January, recently told us that the company “is expanding heavily with six new employees and adding more every day.” The company has secured new work with both the Navy and Special Operations Command, Hancock says.

Hypergiant Industries, an enterprise AI solutions company, emerged from stealth in 2018. Last summer, the company partnered with the Air Force on a fleet of mini-satellites working together in space that update in real time.

“A massive win” for the Lone Star State and defense

Hypergiant Founder Ben Lamm calls the contract “a massive win”—not only for his fast-growing enterprise AI company but for Texas and defense.

The contract calls for the maturation, demonstration, and proliferation of capability across platforms and domains, leveraging open systems design, modern software, and algorithm development in order to enable Joint All Domain Command and Control (JADC2), according to the Air Force.

Indefinite-delivery, indefinite-quantity contracts, known as IDIQ, allow for an indefinite quantity of services in a fixed time frame. They’re typically used when the precise quantities of supplies or services that the government will require during the contract period can’t be determined.

The locations of performance are to be decided at the contract direct order level and are expected to be completed by May 28, 2025.

Details to come

The language of the contract is both high-level and broad, explains Hypergiant’s Lamm. But given the nature of the work and contract, that’s as much information the company can share at this time, Lamm told Dallas Innovates. He expects more details to roll out as the project develops.

Ben Lamm Hypergiant

Hypergiant Founder Ben Lamm [Image: Courtesy Hypergiant Industries]

Lamm says he’s honored that the Department of Defense recognizes the “sky-high potential for its team to push DoD capability even further into the future.”

It’s also a recognition of the “tremendous effort put forth already by Hypergiant,” the founder says. “This award is not only a huge testament to Hypergiant’s unique value but also validation that modern software best practices are alive and well within the DoD.”

Lamm says the company can play a unique role in the foundation of Joint All Domain Command and Control, something he’s especially enthused about.

The contract validates and advances Hypergiant’s ability to advocate and deliver open standards within the DoD, Lamm says.

Lamm expects it to streamlines Hypergiant’s ability to deliver new capabilities to the government and give the company increased flexibility to deliver end-to-end data-driven solutions across all warfighter domains.

It will also unify efforts with “a cadre of other great companies executing in the same domain,” the founder says.

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