Contradiction record

OLIN Corp (OLN)

0;0">Medium confidence No customer over threshold
The computed conflict

Filing states no single customer exceeded 10% of revenue. Yet Department of Defense alone obligated $1.05B to this recipient in FY2024, ≈ 15.4% of the $6.83B revenue reported in the same filing — exceeding the stated 10% threshold by ≈ 5.4 points. (The U.S. government's individual departments/agencies are distinct customers; this compares a single awarding agency's obligations to total reported revenue. Verify the filing's customer definition.)

Citation 1 — the company's own 10-K

During 2024, no single customer accounted for more than 10% of sales.

Form 10-K · filed 2025-02-20 · accession 0000074303-25-000023
Open the filing on SEC.gov →

Revenue reported (XBRL): $6.83B (FY2023) · data.sec.gov source →

Citation 2 — the federal-contract record (USAspending)

Resolved recipient: OLIN CORPORATION · UEI UQ7AT7MGB3Z9 · match 1 (direct)

Largest single awarding agency, FY window 2023-10-01 → 2024-09-30:

Awarding agencyObligations
Department of Defense$1.05B
Department of Defense (DOD)$1.05B
Department of Homeland Security (DHS)$7.09M
Department of the Interior (DOI)$579K
Department of Justice (DOJ)$192K
Department of Agriculture (USDA)$59K
General Services Administration (GSA)$16K
Department of the Treasury (TREAS)$9K
Department of Energy (DOE)$0

Total federal obligations (window): $1.06B · Open on USAspending.gov →

Provenance

Flagged 2026-06-21T11:11:13.652Z · chain prov:0

SHA-256 anchor: 0dc088208dd924bad9addd0c4c8b92eb234ab4f432e4aedc0ca98827147aac4a
prev: GENESIS

Self-hosted SHA-256 hash-chain anchor. Recompute: sha256(prevHash|id|sha256(payload)|ts). · JSON receipt →

This is a verifiable public-record discrepancy between a company's own 10-K disclosure and the federal-contract record (USAspending). It is NOT an allegation of fraud, misstatement, or wrongdoing. Periods/segments may differ; verify both linked sources independently before relying on it.

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Contradiction Engine — neutral surfacing of verifiable public-record discrepancies between SEC EDGAR 10-K filings and USAspending federal-award data.
We do not publish legal conclusions, fraud allegations, or investment advice. Each item links its primary sources; periods and segments may differ. Verify both sources independently. Not legal advice.
Sources: SEC EDGAR full-text search + XBRL company facts (data.sec.gov); USAspending.gov API. Public records.
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