GETWAB

02 / Market Size

How large is the PSC 1955 federal market?

Net obligations$265.42M
Contract actions56
Vendors27
Federal customers3
Contracting offices10
Average action$4.74M
Largest action$256.96M
Data coverageFY 2020–FY 2026

03 / Spending Trend

PSC 1955 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.

Latest closed fiscal year$2.63M
FY 2026
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2020$517.9K1171—
FY 2021$43.1K222−91.7%
FY 2022$1.10M751+2,460.8%
FY 2023$258.93M872+23,333.2%
FY 2024$916.9K1171−99.6%
FY 2025$1.27M731+38.7%
FY 2026$2.63M1043+107.1%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2020–FY 2026.

Federal customerCodeObligationsActionsVendorsMarket share
DEPT OF THE ARMY2100$264.29M502499.6%
BUREAU OF RECLAMATION1425$966.8K220.4%
MARITIME ADMINISTRATION6938$168.7K410.1%

05 / Contracting Offices

Which contracting offices buy in PSC 1955?

Ranked by net obligations during FY 2020–FY 2026.

06 / Top Vendors

Which contractors lead the PSC 1955 market?

VendorObligationsActionsCustomersMarket shareLatest activity
EASTERN SHIPBUILDING GROUP INC$259.11M13197.6%Jun 9, 2026
VMI INC$1.80M310.7%Jun 2, 2026
THOMA-SEA MARINE CONSTRUCTORS, L.L.C.$1.00M110.4%Sep 29, 2023
ELLICOTT DREDGE TECHNOLOGIES, LLC$939.9K110.4%Jul 25, 2023
ELLICOTT DREDGES, LLC$854.6K510.3%Apr 29, 2024
HIDENIS GROUP LLC$261.0K110.1%Feb 13, 2024
COLONNA'S SHIP YARD, INCORPORATED$257.9K510.1%Mar 25, 2020
PERRY'S MARINE & EQUIPMENT REPAIR, INC.$201.8K310.1%Nov 14, 2022
WEST COAST WIRE ROPE AND RIGGING, INC.$188.7K110.1%Jul 17, 2024
B2Z ENGINEERING LLC$168.7K410.1%Aug 14, 2026

07 / Industry Mix

What industries are purchased under PSC 1955?

NAICSDescriptionObligationsActionsVendorsShare
336611SHIP BUILDING AND REPAIRING$263.16M281099.1%
333120CONSTRUCTION MACHINERY MANUFACTURING$881.5K620.3%
541380TESTING LABORATORIES AND SERVICES$261.0K110.1%
488390OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION$238.9K420.1%
333613MECHANICAL POWER TRANSMISSION EQUIPMENT MANUFACTURING$188.7K110.1%
541330ENGINEERING SERVICES$168.7K410.1%
333996FLUID POWER PUMP AND MOTOR MANUFACTURING$135.7K540.1%
331210IRON AND STEEL PIPE AND TUBE MANUFACTURING FROM PURCHASED STEEL$112.1K110.0%
326291RUBBER PRODUCT MANUFACTURING FOR MECHANICAL USE$96.6K110.0%
339991GASKET, PACKING, AND SEALING DEVICE MANUFACTURING$88.2K110.0%

08 / Buying Pattern

How does the government buy in PSC 1955?

Competed33.9%19 actions
Other / unknown30.4%17 actions
Competed under SAP25.0%14 actions
Not competed under SAP7.1%4 actions
Not competed1.8%1 actions
Not available for competition1.8%1 actions
Other than small business share99.7%$264.75M
Small business share0.3%$677.4K
Common action typeObligationsActions
PURCHASE ORDER$5.63M33
DEFINITIVE CONTRACT$259.63M19
DELIVERY ORDER$168.7K4

09 / Recent Contract Awards

What was awarded most recently in PSC 1955?

10 / Market Interpretation

How should contractors evaluate this market?

01

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.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $265.42M market as addressable.