01 / PSC Market Profile
PSC 1940 Small Craft Federal Contracts
Product and Service Code 1940
Federal contract activity classified under Small Craft across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the PSC 1940 federal market?
03 / Spending Trend
PSC 1940 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$452.75M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $224.75M | 400 | 121 | 24 | — |
| FY 2020 | $283.27M | 433 | 123 | 25 | +26.0% |
| FY 2021 | $359.47M | 548 | 115 | 25 | +26.9% |
| FY 2022 | $323.18M | 488 | 133 | 21 | −10.1% |
| FY 2023 | $390.83M | 523 | 153 | 23 | +20.9% |
| FY 2024 | $351.27M | 456 | 123 | 22 | −10.1% |
| FY 2025 | $452.75M | 426 | 106 | 19 | +28.9% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| DEPT OF THE NAVY | 1700 | $1.58B | 1,045 | 84 | 66.1% |
| DEPT OF THE ARMY | 2100 | $248.06M | 295 | 88 | 10.4% |
| U.S. COAST GUARD | 7008 | $243.38M | 644 | 73 | 10.2% |
| U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | 97ZS | $221.19M | 110 | 8 | 9.3% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $25.93M | 47 | 15 | 1.1% |
| DEPT OF THE AIR FORCE | 5700 | $15.91M | 119 | 39 | 0.7% |
| NATIONAL PARK SERVICE | 1443 | $10.62M | 118 | 53 | 0.4% |
| STATE, DEPARTMENT OF | 1900 | $9.27M | 27 | 9 | 0.4% |
| U.S. FISH AND WILDLIFE SERVICE | 1448 | $8.21M | 203 | 61 | 0.3% |
| US GEOLOGICAL SURVEY | 1434 | $7.19M | 99 | 48 | 0.3% |
05 / Contracting Offices
Which contracting offices buy in PSC 1940?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| NAVSEA HQ | N00024 | DEPT OF THE NAVY | $1.40B | 615 | 32 | 58.7% |
| HQ CONTRACT OPERATIONS (CG-912)(000 | 70Z023 | U.S. COAST GUARD | $238.31M | 576 | 32 | 10.0% |
| W4GG HQ US ARMY TACOM | W56HZV | DEPT OF THE ARMY | $232.80M | 84 | 2 | 9.8% |
| HQ USSOCOM | H92405 | U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | $220.00M | 100 | 3 | 9.2% |
| SUP OF SHIPBUILDING CONV AND REPAIR | N69316 | DEPT OF THE NAVY | $39.62M | 90 | 5 | 1.7% |
| NAVAL INFORMATION WARFARE SYSTEMS | N00039 | DEPT OF THE NAVY | $36.04M | 116 | 2 | 1.5% |
| AIR AND MARINE CONTRACTING DIVISION | 70B02C | U.S. CUSTOMS AND BORDER PROTECTION | $22.95M | 22 | 4 | 1.0% |
| COMMANDER | M67854 | DEPT OF THE NAVY | $21.30M | 12 | 1 | 0.9% |
| NUWC DIV NEWPORT | N66604 | DEPT OF THE NAVY | $20.24M | 36 | 7 | 0.8% |
| NAVAL SURFACE WARFARE CENTER | N64267 | DEPT OF THE NAVY | $14.92M | 7 | 5 | 0.6% |
06 / Top Vendors
Which contractors lead the PSC 1940 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| SAFE BOATS INTERNATIONAL L.L.C. | $308.96M | 211 | 8 | 13.0% | Sep 30, 2025 |
| GRAVOIS ALUMINUM BOATS, LLC | $258.74M | 268 | 7 | 10.8% | Sep 30, 2025 |
| BIRDON AMERICA INC | $233.05M | 87 | 1 | 9.8% | Sep 9, 2025 |
| UNITED STATES MARINE, INC. | $219.74M | 117 | 3 | 9.2% | Sep 26, 2025 |
| SILVER SHIPS, INC. | $143.47M | 57 | 6 | 6.0% | Sep 29, 2025 |
| HII UNMANNED SYSTEMS, INC. | $115.08M | 99 | 2 | 4.8% | Sep 30, 2025 |
| BOLLINGER SHIPYARDS LOCKPORT, L.L.C. | $112.45M | 29 | 1 | 4.7% | Sep 30, 2025 |
| RIBCRAFT USA, LLC | $102.95M | 79 | 2 | 4.3% | Aug 4, 2025 |
| BLACKFISH SOLUTIONS, LLC | $92.75M | 47 | 3 | 3.9% | Jul 14, 2025 |
| VIGOR WORKS LLC | $92.58M | 69 | 3 | 3.9% | Aug 29, 2025 |
07 / Industry Mix
What industries are purchased under PSC 1940?
| NAICS | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 336612 | BOAT BUILDING | $1.84B | 2,221 | 261 | 77.2% |
| 336611 | SHIP BUILDING AND REPAIRING | $334.54M | 433 | 64 | 14.0% |
| 334511 | SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING | $145.21M | 199 | 12 | 6.1% |
| 336999 | ALL OTHER TRANSPORTATION EQUIPMENT MANUFACTURING | $20.80M | 62 | 22 | 0.9% |
| 541330 | ENGINEERING SERVICES | $11.84M | 7 | 2 | 0.5% |
| 339999 | ALL OTHER MISCELLANEOUS MANUFACTURING | $9.62M | 28 | 6 | 0.4% |
| 315999 | OTHER APPAREL ACCESSORIES AND OTHER APPAREL MANUFACTURING | $3.83M | 20 | 3 | 0.2% |
| 488390 | OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION | $3.63M | 27 | 3 | 0.2% |
| 339920 | SPORTING AND ATHLETIC GOODS MANUFACTURING | $1.95M | 8 | 1 | 0.1% |
| 423860 | TRANSPORTATION EQUIPMENT AND SUPPLIES (EXCEPT MOTOR VEHICLE) MERCHANT WHOLESALERS | $1.51M | 3 | 3 | 0.1% |
08 / Buying Pattern
How does the government buy in PSC 1940?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $1.30B | 1,850 |
| PURCHASE ORDER | $93.56M | 969 |
| DEFINITIVE CONTRACT | $958.56M | 405 |
| BPA CALL | $35.80M | 50 |
09 / Recent Contract Awards
What was awarded most recently in PSC 1940?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $2.39B market as addressable.