Federal Express Corporation

Federal Express Corporation, doing business as FedEx, operates as a child entity of FedEx Corp and competes as a prime contractor on full-and-open federal delivery and logistics work, with no reliance on set-aside categories. Based in Memphis, Tennessee, FedEx delivers domestic and international package delivery, express shipping, freight forwarding, and supply chain management services across 384 distinct federal customer agencies, competing predominantly on cost and capability rather than small-business designation.

FedEx's federal footprint spans 8,149 awards (all prime; zero sub-awards) valued at $15.71 billion in combined potential value, with $3.94 billion obligated to date. The vendor holds a singular dominant parent vehicle: the Next Generation Delivery Services 2 (NGDS 2) IDIQ, administered by USTRANSCOM and the Department of Defense, through which FedEx places task orders under pre-negotiated rates established government-wide. The portfolio includes 602 task orders against NGDS 2 valued at $2.21 billion combined potential value, plus a $15 million single-award Indefinite Delivery Contract issued by the Department of Justice's Justice Management Division (effective October 1, 2025, through September 30, 2026), which itself flows from NGDS 2. A legacy USTRANSCOM Total Delivery Services vehicle (2014–2016) generated 774 task orders worth $261.4 million; the older USTRANSCOM Next Generation Delivery Service (2017–2022) vehicle yielded 999 task orders at $1.41 billion combined potential value. Blanket Purchase Agreement HTC71111AR001 accounts for 769 task orders valued at $231.4 million.

Customer concentration is extremely broad but anchored by two tiers. By award count, the Department of the Army Materiel Command Communications Electronics Command leads with 1,229 awards ($12.1 million potential value), followed by the Department of Justice US Attorney's Offices (856 awards, $79.9 million), and the Drug Enforcement Administration (575 awards, $7.5 million). By dollar value, the Office of the Secretary of Defense dominates with 503 awards worth $3.17 billion in combined potential value—largely consolidated transportation shipments for decentralized ordering officers, many executed from Japan and Memphis, Tennessee, in monthly tranches exceeding $20 million each. The Department of Veterans Affairs Veterans Integrated Service Network 15 represents the second-largest dollar customer, with 53 awards worth $945.9 million combined potential value. The Department of Justice Justice Management Division anchors the third slot with 55 awards at $262.1 million potential value. This concentration reveals FedEx's embedded role in DoD's global logistics infrastructure and as the default logistics provider for DOJ Bureau of Prisons operations and field corrections facilities, where FedEx invoices recur monthly across dozens of Federal Correctional Institutions, Federal Detention Centers, and U.S. Penitentiaries.

Capability framing: FedEx's concrete federal work consists of recurring, transactional delivery orders. Representative examples include a $17 million October 2026 delivery order from DOJ Justice Management Division for worldwide delivery services (NGDS 2 parent); a $26.6 million November 2025 delivery order from the Office of the Secretary of Defense for consolidated transportation shipments by decentralized officers (Memphis, Tennessee place of performance); a $36 million November 2025 order from DoD for decentralized officer shipments (Japan); a $5.36 million April 2026 delivery order from the Office of the Secretary of Defense for consolidated shipments from Japan; and a $3.07 million March 2026 lab sample shipping order from an Office of Administrative Services Procurement Management Branch for FedEx lab sample shipping (NGDS 2 parent, Memphis performance). Monthly routine orders from correctional institutions (typically $300–$5,000 per facility) aggregate across 50+ prison locations. FedEx also delivers specialized cargo—medical supplies to VA facilities, pharmaceuticals via courier, law enforcement equipment shipments—but the federal footprint is overwhelmingly composed of general small package, ground, and express mail services executed under pre-negotiated NGDS 2 rates, with no custom engineering, integration, or complex logistics design work evident in the award record.

Service Contract Inventory (SCI) data captures only $301.8 million in invoiced federal services revenue across FY2023–FY2025 (FY2024: $144.2 million; FY2025: $153.4 million), which reflects a strict subset of FedEx's federal transactional revenue—SCI excludes goods purchases, micro-purchases, and classified work, all of which are material to the overall federal portfolio. The SCI dataset reports 112 prime records with 0 FTEs recorded across all four fiscal years, which indicates that FedEx reports service contract line items without labor-hour breakdowns under SCI's reporting conventions (consistent with delivery and logistics services that are often billed on a per-shipment or monthly service basis rather than as labor-hour contracts). The 0% sub-engagement rate across SCI-reportable prime contracts confirms that FedEx builds its own delivery teams and does not subcontract for labor on federal service contracts. However, the SCI figures are a minor slice of total federal revenue: the award portfolio shows $15.71 billion in combined potential value, meaning SCI's $301.8 million represents less than 2% of the advertised federal opportunity.

Activity trajectory is volatile. Awards per year show: 560 in 2022, 820 in 2023, 512 in 2024, 515 in 2025, and 157 in 2026 (partial-year data as of October 15, 2026). The 2023 peak (820) reflects a surge in NGDS 2 and OSD consolidated transportation task orders; the 2024–2025 plateau at ~510 annual awards, and the sharp 2026 decline, suggest either award issuance lag, fiscal-year front-loading of orders in earlier months, or recompete adjustments. The recompete cliff identifies 111 awards with ultimate completion dates in the next twenty-four months, valued at combined potential value of $38.2 million—a modest exposure relative to the overall portfolio, but concentrated in recurring NGDS 2 orders that FedEx will likely renew through refreshed task orders under the same parent vehicles.

Primary NAICS concentration: Couriers and Express Delivery Services (NAICS 492110) represents 5,822 of FedEx's 8,149 awards; Scheduled Freight Air Transportation (481111) accounts for 1,040 awards. Top PSC codes are Transportation/Travel/Relocation—Air Freight (2,025 awards) and Other Transportation (1,525 awards), followed by Mailing/Distribution (1,393) and Courier/Messenger support (1,299). This profile is pure express/ground logistics commodity procurement with no value-added integration or systems engineering.

FedEx competes on price and operational scale, not on set-aside or specialized ownership. The company holds no SBA designations and does not pursue set-aside work. All awards in the recent record carry "No Set-Aside Used" and reflect full-and-open competitive selection, indicating FedEx wins on capability and cost against other qualified logistics providers. The absence of any sub-award activity and the 100% prime award split underscore FedEx's role as a prime direct-service provider, not a teaming subcontractor.