Composite Analysis Group, Inc.

Composite Analysis Group, Inc., doing business as Lipsey Mountain Spring Water, a veteran-owned small business manufacturer based in Norcross, Georgia, supplies bottled drinking water and extended shelf-life water products to the Federal Emergency Management Agency as a prime contractor on a $431.5 million Indefinite Delivery Contract awarded in March 2022. The company operates exclusively as a prime contractor (100% of recent awards) and competes across both small business set-aside and full-and-open designations, though the bulk of its federal work flows through FEMA's disaster response and emergency preparedness channels.

Lipsey Mountain Spring Water's capability portfolio centers on manufacturing and logistics for bottled water and extended shelf-life water products, with performance locations spanning FEMA distribution centers in Georgia, Texas, California, Hawaii, Washington, D.C., and Puerto Rico. Representative delivery orders under the parent IDC include a $17.9 million award in October 2024 for 53 million liters of bottled drinking water with an 18-month minimum shelf life in support of Hurricane Helene relief, a $7.8 million order in June 2023 for 10.4 million liters of extended shelf-life water to multiple distribution centers, and a $2.25 million award in October 2024 for bottled drinking water supporting Hurricane Helene disaster relief in North Carolina. A recent $1.21 million delivery order issued March 30, 2026, procured extended shelf-life drinking water to support operations in Washington, D.C., and a $281.8 thousand diversion CLIN activated in July 2026 moved excess water to support America's 250 Year Celebration.

Customer concentration is heavily skewed to FEMA. The top five customer agencies by both award count and potential value are dominated by Federal Emergency Management Agency entities: FEMA and FEMA Incident Support Section together account for 66 awards and $954.5 million in combined potential value (approximately 99% of the portfolio). Department of the Army Corps of Engineers offices round out the active set with 20 awards and $3.1 million in combined potential value. The portfolio spans 16 distinct customer agencies, but the remaining thirteen account for negligible award count and dollars.

Lipsey Mountain Spring Water's primary vehicle is the $431.5 million FEMA parent IDC awarded in March 2022 and running through March 2027, under which FEMA has issued delivery orders exceeding $50 million cumulatively. The vendor also executes work under the FEMA LMD Bottled Water 2017-2022 contract vehicle (26 task orders, $186.1 million combined potential value), the Bottled and Extended Shelf Life Water vehicle (19 task orders, $63.5 million combined potential value), and multiple U.S. Army Corps of Engineers IDCs including DACW3303D0003 (46 task orders, $3.1 million combined potential value).

Activity has declined materially in recent years — eight awards in 2022 contracted to one in 2025 and three in 2026 — with only two awards facing ultimate completion inside the next twenty-four months and a combined potential value of $1.2 million in recompete exposure over that window. The portfolio's NAICS concentration is 97 awards under Bottled Water Manufacturing (NAICS 312112), with secondary exposure to Soft Drink Manufacturing (20 awards) and Ice Manufacturing (2 awards). The company has been registered in SAM.gov since 2001.

LIPSEY wins praise for our outstanding performance providing relief supplies of water, ice, juice, transportation and logistics to Federal, State and UK agencies. We delivered over one hunderd million liters of bottled water in 2005.