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Private company

Vericor Power Systems

Logo: vericor.com3

Manufacturer of aeroderivative marine and industrial gas turbines

Vericor Power Systems is a manufacturer of aeroderivative marine and industrial gas turbines based in Alpharetta, Georgia, United States. Vericor is a wholly owned subsidiary of German-based MTU Aero Engines.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2000Founded1

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Vericor Power Systems is a manufacturer of aeroderivative marine and industrial gas turbines based in Alpharetta, Georgia, United States. Vericor is a wholly owned subsidiary of German-based MTU Aero Engines.2

Timeline

  1. 2000Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$385.4M 2008–2026
Money received by yearMoney received by year, 2008–2026: $385.4M in all. Federal contracts $385.4M.$0$20M$40M$60M$80M2008 · Federal contracts: $22.6M20082009 · Federal contracts: $34.4M2010 · Federal contracts: $22.6M20102011 · Federal contracts: $29.8M2012 · Federal contracts: $27.8M20122013 · Federal contracts: $43.6M2014 · Federal contracts: $61.9M20142015 · Federal contracts: $21.5M2016 · Federal contracts: $36.4M20162017 · Federal contracts: $26.6M2018 · Federal contracts: $21.4M20182019 · Federal contracts: $4.9M2020 · Federal contracts: $1.9M20202021 · Federal contracts: $8.5M2022 · Federal contracts: $4.5M20222023 · Federal contracts: $2.3M2024 · Federal contracts: $9.2M20242025 · Federal contracts: $3.2M2026 · Federal contracts: $2.3M2026
Figures by year
YearFederal contractsTotal
2026$2.3M$2.3M
2025$3.2M$3.2M
2024$9.2M$9.2M
2023$2.3M$2.3M
2022$4.5M$4.5M
2021$8.5M$8.5M
2020$1.9M$1.9M
2019$4.9M$4.9M
2018$21.4M$21.4M
2017$26.6M$26.6M
2016$36.4M$36.4M
2015$21.5M$21.5M
2014$61.9M$61.9M
2013$43.6M$43.6M
2012$27.8M$27.8M
2011$29.8M$29.8M
2010$22.6M$22.6M
2009$34.4M$34.4M
2008$22.6M$22.6M

Federal awards

Obligated amounts from USAspending.gov4, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest contracts

  1. May 8, 2012$72.9M from Department of the Navy: Etf40b engine system assy (lcac 82)5 To VERICOR POWER SYSTEMS LLC Award N0002412C4154
  2. Aug 28, 2008$52.7M from Department of the Navy: Etf40b engine system assy (lcac 41)6 To VERICOR POWER SYSTEMS LLC Award N0002408C4117
  3. Nov 15, 2010$42.2M from Department of the Navy: Etf40b engine system assy (lcac 63)7 To VERICOR POWER SYSTEMS LLC Award N0002411C4113
  4. Jun 11, 2015$39.0M from Department of the Navy: Etf40b engine system assy (lcac 84)8 To VERICOR POWER SYSTEMS LLC Award N0002415C4100
  5. Nov 22, 2017$19.2M from Department of the Navy: Etf40b power producer group asy(lcac 86)9 To VERICOR POWER SYSTEMS LLC Award N0002418C4100

Sources

The numbers on this page point here. Each one links to the record it came from.

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