Alden Equipment, Inc.

Alden Equipment, Inc., a veteran-owned small business based in Amsterdam, New York, supplies material handling and construction equipment to the federal government as a prime contractor, with nearly all work (99.5% of awards) issued on a full-and-open basis rather than under set-asides. The company is structured as a for-profit Subchapter S corporation and operates across a portfolio of 656 awards valued at $3.46 billion in combined potential value, though only $46.8 million (1%) has been obligated to date.

Alden Equipment's capability footprint centers on forklifts, aerial work platforms, telehandlers, scissor lifts, boom lifts, and related material handling machinery. Representative work includes a $1.12 billion delivery order from the Defense Logistics Agency (DLA) Troop Support Construction and Equipment for a 9,000-pound rough terrain telehandler (June 2024), a $775.8 thousand delivery order from DLA for a telescoping boom lift (January 2024), a $393.9 thousand delivery order from Naval Sea Systems Command for a telehandler under the Multiple Award Schedule (September 2021), and recurring task orders for scissor lifts, forklifts, and aerial lifts across DLA and other customers. The company also delivers cleaning equipment such as ride-on floor scrubbers and walk-behind scrubbers to the Department of Veterans Affairs and federal facilities.

Customer concentration is extreme and skewed by a single vehicle. The Defense Logistics Agency Troop Support Construction and Equipment program accounts for 75 awards and $3.41 billion in combined potential value — 99% of the total dollar footprint. Beyond DLA, Alden Equipment has sporadic work with the Department of Homeland Security Customs and Border Protection (18 awards, $1.6 million), the Department of the Army (24 awards, $1.5 million), the Department of Homeland Security US Coast Guard (30 awards, $1.4 million), and over 180 other named agencies. The remaining 1% of potential value is spread across these secondary customers, making Alden Equipment functionally dependent on DLA replenishment.

Alden Equipment holds three single-award Indefinite Delivery Contracts with DLA Troop Support Construction and Equipment, each valued at $400 million with a combined potential of $1.2 billion through September 2026. These three IDCs (awarded September 27, 2021; September 17, 2021; and September 27, 2021) represent the company's primary vehicle for federal procurement. The company also maintains a seat on the General Services Administration's Multiple Award Schedule (MAS), which has generated 396 task orders valued at $20.3 million and serves as the secondary vehicle for ordering from civilian agencies, the Department of Veterans Affairs, and military commands operating under GSA MAS authorization. Additional vehicles include a Blanket Purchase Agreement (SP451017A0002) with 14 task orders valued at $6.4 million and the DLA Heavy Equipment Program with 37 task orders valued at $10.2 million.

Activity has remained relatively stable over the past five years: 17 awards in 2021, declining to 9 in 2022, expanding to 26 in 2023, contracting to 15 in 2024, and recovering to 23 through December 2025. The company faces significant recompete exposure through September 2026, when the three $400 million DLA IDCs expire. Given that these vehicles anchor 99% of Alden Equipment's potential value, the recompete cliff represents the company's most material business-continuity risk; loss of any single DLA vehicle would eliminate approximately $400 million in contracting authority.

Alden Equipment maintains one documented subcontract relationship: Fluor Federal Petroleum Operations, LLC, a prime with which Alden Equipment subcontracts on manlifts and related equipment for DLA logistics operations (modification noted September 24, 2024). The company otherwise operates as a direct prime supplier rather than a traditional subcontractor.

Top NAICS categories across the portfolio include Industrial Machinery and Equipment Merchant Wholesalers (394 awards), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (75 awards), and Construction Machinery Manufacturing (57 awards). Top PSCs include Warehouse Trucks and Tractors, Self-Propelled (224 awards), Earth Moving and Excavating Equipment (76 awards), and Miscellaneous Materials Handling Equipment (63 awards), reflecting a straightforward equipment distributor and sales model rather than systems integration or value-added services.

Full service material handling equipment dealer including sales & service of all types of forklifts and aerial lift equipment, leasing, rentals, rental fleet, and repair shop.