01 / PSC Market Profile
PSC P300 Salvage- Marine Vessels Federal Contracts
Product and Service Code P300
Federal contract activity classified under Salvage- Marine Vessels across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the PSC P300 federal market?
03 / Spending Trend
PSC P300 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
Latest closed fiscal year$745.4K
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $21.55M | 133 | 18 | 7 | — |
| FY 2021 | $34.48M | 105 | 18 | 9 | +60.0% |
| FY 2022 | $27.74M | 114 | 14 | 6 | −19.6% |
| FY 2023 | $41.78M | 84 | 14 | 6 | +50.6% |
| FY 2024 | $78.41M | 71 | 15 | 6 | +87.7% |
| FY 2025 | $28.41M | 52 | 15 | 7 | −63.8% |
| FY 2026 | $745.4K | 29 | 8 | 4 | −97.4% |
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 | $228.71M | 508 | 14 | 98.1% |
| DEPT OF THE ARMY | 2100 | $1.37M | 12 | 7 | 0.6% |
| U.S. COAST GUARD | 7008 | $1.13M | 11 | 6 | 0.5% |
| NATIONAL PARK SERVICE | 1443 | $1.03M | 14 | 9 | 0.4% |
| NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | 1330 | $759.3K | 17 | 10 | 0.3% |
| STATE, DEPARTMENT OF | 1900 | $94.0K | 1 | 1 | 0.0% |
| DEPT OF THE AIR FORCE | 5700 | $43.5K | 2 | 1 | 0.0% |
| DEPARTMENTAL OFFICES | 1406 | $29.3K | 1 | 1 | 0.0% |
| SMITHSONIAN INSTITUTION | 3300 | $7.3K | 1 | 1 | 0.0% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $3.7K | 1 | 1 | 0.0% |
05 / Contracting Offices
Which contracting offices buy in PSC P300?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| NAVSEA HQ | N00024 | DEPT OF THE NAVY | $227.98M | 485 | 9 | 97.8% |
| HQ CONTRACT OPERATIONS (CG-912)(000 | 70Z023 | U.S. COAST GUARD | $1.06M | 4 | 1 | 0.5% |
| W07V ENDIST VICKSBURG | W912EE | DEPT OF THE ARMY | $866.0K | 3 | 1 | 0.4% |
| DEPT OF COMMERCE NOAA | 1305M2 | NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | $673.2K | 10 | 7 | 0.3% |
| NORFOLK NAVAL SHIPYARD GF | N42158 | DEPT OF THE NAVY | $576.3K | 3 | 1 | 0.2% |
| PWR PORE MABO (84000) | 140P84 | NATIONAL PARK SERVICE | $452.0K | 6 | 3 | 0.2% |
| SER NORTH MABO (53000) | 140P53 | NATIONAL PARK SERVICE | $295.0K | 1 | 1 | 0.1% |
| W2SD ENDIST BALTIMORE | W912DR | DEPT OF THE ARMY | $193.1K | 2 | 1 | 0.1% |
| SER SOUTH MABO (54000) | 140P54 | NATIONAL PARK SERVICE | $145.0K | 1 | 1 | 0.1% |
| AMERICAN EMBASSY HONG KONG | 19HK30 | STATE, DEPARTMENT OF | $94.0K | 1 | 1 | 0.0% |
06 / Top Vendors
Which contractors lead the PSC P300 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| DONJON MARINE CO., INC. | $146.61M | 199 | 2 | 62.9% | Jun 30, 2026 |
| SMIT SALVAGE AMERICAS INC. | $44.16M | 76 | 2 | 18.9% | May 14, 2026 |
| SMIT SINGAPORE PTE LTD | $24.19M | 32 | 2 | 10.4% | Jul 9, 2026 |
| MARINE GROUP BOAT WORKS, LLC | $9.65M | 6 | 1 | 4.1% | Jan 11, 2024 |
| PHOENIX INTERNATIONAL HOLDINGS INC | $3.15M | 145 | 1 | 1.4% | Apr 9, 2024 |
| SEABORNE CORPORATION | $1.06M | 4 | 1 | 0.5% | Jun 6, 2025 |
| BIG RIVER SHIPBUILDERS, INC. | $866.0K | 3 | 1 | 0.4% | Jun 6, 2025 |
| COLONNA'S SHIP YARD, INCORPORATED | $576.3K | 3 | 1 | 0.2% | Feb 6, 2020 |
| P & R WATER TAXI LLC | $300.0K | 1 | 1 | 0.1% | Jun 10, 2022 |
| CAPE DREDGING, INC | $295.0K | 1 | 1 | 0.1% | Sep 21, 2021 |
07 / Industry Mix
What industries are purchased under PSC P300?
| NAICS | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 488390 | OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION | $215.73M | 349 | 11 | 92.5% |
| 336611 | SHIP BUILDING AND REPAIRING | $11.78M | 32 | 9 | 5.1% |
| 488330 | NAVIGATIONAL SERVICES TO SHIPPING | $3.95M | 168 | 11 | 1.7% |
| 483111 | DEEP SEA FREIGHT TRANSPORTATION | $488.5K | 2 | 2 | 0.2% |
| 561990 | ALL OTHER SUPPORT SERVICES | $312.9K | 13 | 6 | 0.1% |
| 562112 | HAZARDOUS WASTE COLLECTION | $267.5K | 3 | 1 | 0.1% |
| 562119 | OTHER WASTE COLLECTION | $214.7K | 7 | 4 | 0.1% |
| 238910 | SITE PREPARATION CONTRACTORS | $193.1K | 2 | 1 | 0.1% |
| 336612 | BOAT BUILDING | $94.0K | 1 | 1 | 0.0% |
| 541990 | ALL OTHER PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES | $61.4K | 1 | 1 | 0.0% |
08 / Buying Pattern
How does the government buy in PSC P300?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $218.50M | 503 |
| PURCHASE ORDER | $2.76M | 56 |
| DEFINITIVE CONTRACT | $11.58M | 25 |
| BPA CALL | $275.0K | 4 |
09 / Recent Contract Awards
What was awarded most recently in PSC P300?
| Award / PIID | Vendor | Signed date | Obligation | NAICS | Agency / office |
|---|---|---|---|---|---|
| 70Z03726PLALB0076 | XENTURIS LLC | Sep 24, 2026 | $9.1K | 488330 | U.S. COAST GUARDBASE LOS ANGELES/LONG BEACH(00037) |
| 70Z03126PALAM0084 | CRANE LADY CONSTRUCTION LLC | Jul 16, 2026 | $8.5K | 561990 | U.S. COAST GUARDBASE ALAMEDA(00031) |
| N0002426F4F00 | SMIT SINGAPORE PTE LTD | Jul 9, 2026 | $5.0K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002426F4D04 | DONJON MARINE CO., LLC | Jun 30, 2026 | $285.2K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002426F4D03 | DONJON MARINE CO., LLC | Jun 29, 2026 | $339.7K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002422F4D06 | DONJON MARINE CO., LLC | Jun 11, 2026 | -$1.38M | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002423F4D05 | DONJON MARINE CO., LLC | Jun 11, 2026 | -$323.2K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002424F4D07 | DONJON MARINE CO., LLC | Jun 11, 2026 | -$296.3K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002424F4F00 | SMIT SINGAPORE PTE LTD | May 21, 2026 | $0 | 488390 | DEPT OF THE NAVYNAVSEA HQ |
| N0002423F4D08 | DONJON MARINE CO., LLC | May 21, 2026 | -$1.6K | 488390 | DEPT OF THE NAVYNAVSEA HQ |
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 $233.12M market as addressable.