01 / PSC Market Profile
PSC 1940 Small Craft Federal Contracts
Product and Service Code 1940
Federal contract activity classified under Small Craft across FY 2020–FY 2026. 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 2020–FY 2026 profile window.
Latest closed fiscal year$275.76M
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $283.27M | 433 | 123 | 25 | — |
| 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% |
| FY 2026 | $275.76M | 362 | 106 | 20 | −39.1% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2020–FY 2026.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| DEPT OF THE NAVY | 1700 | $1.59B | 1,046 | 84 | 65.1% |
| U.S. COAST GUARD | 7008 | $315.59M | 744 | 75 | 13.0% |
| U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | 97ZS | $235.05M | 111 | 9 | 9.6% |
| DEPT OF THE ARMY | 2100 | $201.51M | 247 | 71 | 8.3% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $25.10M | 49 | 17 | 1.0% |
| NATIONAL PARK SERVICE | 1443 | $13.51M | 118 | 52 | 0.6% |
| DEPT OF THE AIR FORCE | 5700 | $13.33M | 101 | 39 | 0.5% |
| U.S. FISH AND WILDLIFE SERVICE | 1448 | $9.04M | 187 | 57 | 0.4% |
| STATE, DEPARTMENT OF | 1900 | $8.86M | 24 | 8 | 0.4% |
| US GEOLOGICAL SURVEY | 1434 | $7.55M | 106 | 53 | 0.3% |
05 / Contracting Offices
Which contracting offices buy in PSC 1940?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| NAVSEA HQ | N00024 | DEPT OF THE NAVY | $1.41B | 608 | 38 | 58.0% |
| HQ CONTRACT OPERATIONS (CG-912)(000 | 70Z023 | U.S. COAST GUARD | $310.10M | 678 | 37 | 12.7% |
| HQ USSOCOM | H92405 | U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | $233.89M | 98 | 3 | 9.6% |
| W4GG HQ US ARMY TACOM | W56HZV | DEPT OF THE ARMY | $187.37M | 65 | 1 | 7.7% |
| NAVAL INFORMATION WARFARE SYSTEMS | N00039 | DEPT OF THE NAVY | $33.75M | 114 | 2 | 1.4% |
| SUP OF SHIPBUILDING CONV AND REPAIR | N69316 | DEPT OF THE NAVY | $32.57M | 92 | 5 | 1.3% |
| AIR AND MARINE CONTRACTING DIVISION | 70B02C | U.S. CUSTOMS AND BORDER PROTECTION | $22.04M | 21 | 4 | 0.9% |
| NUWC DIV NEWPORT | N66604 | DEPT OF THE NAVY | $21.57M | 39 | 5 | 0.9% |
| COMMANDER | M67854 | DEPT OF THE NAVY | $21.30M | 12 | 1 | 0.9% |
| NAVAL SURFACE WARFARE CENTER | N64267 | DEPT OF THE NAVY | $14.92M | 9 | 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. | $344.16M | 251 | 9 | 14.1% | Sep 30, 2026 |
| UNITED STATES MARINE, INC. | $228.97M | 118 | 3 | 9.4% | Jul 1, 2026 |
| GRAVOIS ALUMINUM BOATS, LLC | $224.76M | 272 | 5 | 9.2% | Sep 24, 2026 |
| BIRDON AMERICA INC | $188.65M | 73 | 2 | 7.7% | May 29, 2026 |
| HII UNMANNED SYSTEMS, INC. | $160.94M | 101 | 2 | 6.6% | Jul 9, 2026 |
| SILVER SHIPS, INC. | $145.48M | 62 | 6 | 6.0% | Sep 30, 2026 |
| BOLLINGER SHIPYARDS LOCKPORT, L.L.C. | $116.47M | 35 | 1 | 4.8% | Jun 18, 2026 |
| BLACKFISH SOLUTIONS, LLC | $114.99M | 48 | 3 | 4.7% | Jul 9, 2026 |
| RIBCRAFT USA, LLC | $98.49M | 81 | 1 | 4.0% | Jun 22, 2026 |
| METALCRAFT MARINE US, INC. | $81.35M | 113 | 5 | 3.3% | Sep 16, 2026 |
07 / Industry Mix
What industries are purchased under PSC 1940?
| NAICS | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 336612 | BOAT BUILDING | $1.80B | 2,171 | 259 | 73.9% |
| 336611 | SHIP BUILDING AND REPAIRING | $368.50M | 430 | 60 | 15.1% |
| 334511 | SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING | $193.35M | 210 | 12 | 7.9% |
| 336999 | ALL OTHER TRANSPORTATION EQUIPMENT MANUFACTURING | $22.04M | 69 | 22 | 0.9% |
| 541330 | ENGINEERING SERVICES | $14.46M | 18 | 2 | 0.6% |
| 339999 | ALL OTHER MISCELLANEOUS MANUFACTURING | $9.58M | 28 | 7 | 0.4% |
| 423860 | TRANSPORTATION EQUIPMENT AND SUPPLIES (EXCEPT MOTOR VEHICLE) MERCHANT WHOLESALERS | $4.90M | 5 | 2 | 0.2% |
| 315999 | OTHER APPAREL ACCESSORIES AND OTHER APPAREL MANUFACTURING | $3.80M | 19 | 3 | 0.2% |
| 488390 | OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION | $2.94M | 23 | 3 | 0.1% |
| 339920 | SPORTING AND ATHLETIC GOODS MANUFACTURING | $2.62M | 10 | 2 | 0.1% |
08 / Buying Pattern
How does the government buy in PSC 1940?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $1.30B | 1,783 |
| PURCHASE ORDER | $101.03M | 936 |
| DEFINITIVE CONTRACT | $972.20M | 437 |
| BPA CALL | $65.00M | 80 |
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 $2.44B market as addressable.