CFE Equipment Corporation

CFE Equipment Corporation, doing business as CFE, is a Norfolk, Virginia-based material handling equipment supplier that operates as a for-profit corporate entity competing predominantly in full-and-open federal procurements as a prime contractor. The company holds a single-award $9 million Blanket Purchase Agreement with Naval Facilities Engineering Command (NAVFAC) for forklift rental services running through July 31, 2026, and maintains a seat on the GSA Multiple Award Schedule, through which it has executed the majority of its recent delivery orders and purchase orders across civilian and defense agencies.

CFE's federal customer base exhibits extreme concentration: Naval Facilities Engineering Command accounts for 338 awards and $15 million of the vendor's combined potential value across a 674-award portfolio, representing roughly 50% of the company's federal revenue exposure. The broader Department of the Navy generates 437 awards (65% of recent activity), followed by the Department of the Air Force with 15 awards and the Department of Army with multiple component commands. Across 103 distinct customer agencies, only NAVFAC, Department of Army Test and Evaluation Command ($370 thousand across 3 awards), and Centers for Medicare and Medicaid Services ($165 thousand across 3 awards) appear in both top-customer rankings, indicating that secondary customers place small, scattered orders rather than establishing sustained relationships.

CFE's capability portfolio centers on forklift procurement, rental, maintenance, and repair. Recent representative work includes a $37,790 delivery order from Federal Correctional Complex Allenwood (May 2026) for a forklift under GSA MAS; a $76,164 purchase order from USPTO (February 2025) for electric reach and solid pneumatic electric forklifts; a $74,649 delivery order from National Capital Region IADS to DC National Guard (March 2025) for two forklifts under MAS with Total Small Business set-aside; and a $53,459.59 delivery order from Centers for Medicare and Medicaid Services (September 2021) for warehouse power equipment maintenance and repair services. The vendor also supplies batteries, chargers, pallet jacks, and warehouse tractors. Five of the six named NAICS codes are material-handling equipment focused: Industrial Machinery and Equipment Merchant Wholesalers (303 awards), Other Commercial and Industrial Machinery and Equipment Rental and Leasing (132 awards), and Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (100 awards).

CFE's parent-vehicle footprint reflects NAVFAC dominance and small-order dispersion. The top five vehicles are three Navy IDCs and BPAs (N4008506A1252 with 131 task orders at $854 thousand; N6247001A6029 with 106 task orders at $640 total; N4008513A7763 with 84 task orders at $758 thousand), the GSA Multiple Award Schedule (81 task orders, $2.6 million), and Navy BPA N4008511A0050 (51 task orders, $406 thousand). These five vehicles account for the bulk of CFE's recent ordering activity, with GSA MAS serving as the secondary federal procurement channel.

Activity has grown modestly — two awards in 2022 to eight in 2025 — with a combined potential value of $30 million against obligated dollars of $12.4 million (41% realization rate). In its minimal subcontractor role, CFE provided forklift rental services to General Dynamics Information Technology under a global security engineering and supply chain services contract (July 2025) and to Valiant Global Defense Services under a Department of Defense Threat Reduction Agency Counter Weapons of Mass Destruction Security Cooperation program (July 2025 through June 2026, $15.5 thousand for CRTC forklift rental). CFE's federal footprint is characterized by high-volume, low-dollar-value transactional work on established Navy platforms and scattered small civilian agency orders, with no visible growth pipeline into new vehicle categories or customer concentration beyond NAVFAC.