FIC Corporation

FIC Corporation, a Rockville, Maryland-based small business Subchapter S corporation, manufactures and distributes fuseholders, extractors, blocks, receptacles, and related electrical components for the federal government primarily as a prime contractor on numerous small defense logistics orders. The company operates 99% as a prime contractor across purchase orders and indefinite delivery contracts, with a modest subcontracting footprint to Laurel Technologies Partnership and General Dynamics Mission Systems on naval fire-control and programmable power-supply projects.

FIC's customer concentration is extreme and non-diversified: the Defense Logistics Agency Land and Maritime accounts for 544 awards (80% of the award count) valued at $15.8 million combined potential value across the available award history, dominating both volume and dollar share. The Department of the Navy Naval Supply Systems Command represents the distant second customer with 48 awards worth $547 thousand, followed by the broader Defense Logistics Agency (47 awards, $191 thousand), Naval Sea Systems Command (19 awards), and the Department of the Navy (2 awards). The top five customers cover 97% of recent awards and 92% of combined potential value. This posture reflects FIC's role as a specialized supplier of qualified, commercial-off-the-shelf electrical components to the military supply chain rather than as a diversified federal contractor.

FIC's footprint is organized almost entirely around single-award indefinite delivery contracts with DLA Land and Maritime, each typically valued at $250 thousand with a one-year base period. The company holds multiple concurrent IDCs awarded under Total Small Business set-asides and full-and-open competition. The top parent vehicle, IDC SPE7MX23D0012, carries 27 task orders worth $1.7 million combined; SPM90506D7000 carries 13 task orders worth $376 thousand; SPM90505D7017 carries 10 task orders worth $118 thousand. Work is consistently procured via firm fixed-price purchase orders and delivery orders, with delivery windows of 75 to 704 days and typical unit quantities ranging from 55 to 952 units per order. Place of performance is Rockville, Maryland or North Bethesda, Maryland, with distribution to DLA depots across continental and overseas locations. Individual awards cluster in the $1 thousand to $150 thousand range, with the largest named contract valued at $850 thousand.

Award velocity has declined markedly: 49 awards in 2022, 61 in 2023, 34 in 2024, 24 in 2025, and only 3 in 2026 (year-to-date). This deceleration mirrors typical patterns in military supply contracts as procurement cycles compress or consolidate. Twelve awards carrying $172 thousand combined potential value reach ultimate completion within the next twenty-four months and face recompete risk. Combined obligated dollars are $14.5 million against $18 million combined potential value (80% burn rate).

FIC's product scope is narrow by design: the top PSC code is "Fuses, Arrestors, Absorbers, and Protectors" (642 awards), followed distantly by "Fire Control Computing Sights and Devices" (17 awards) and "Hardware, Commercial" (9 awards). NAICS concentration spreads across "Saw Blade and Handtool Manufacturing" (175 awards), "Switchgear and Switchboard Apparatus Manufacturing" (158 awards), and "Current-Carrying Wiring Device Manufacturing" (125 awards) — reflecting the broad categorization of electrical components across multiple industrial classifications rather than focused alignment. The company competes in a mix of Total Small Business set-asides and full-and-open competition, with set-aside awards clustered among DLA IDCs and occasional Naval Supply Systems Command orders.

Subcontract work is minimal (1% of awards) and concentrated in hardware supply for naval fire-control systems (Laurel Technologies) and combat-systems integration (General Dynamics Mission Systems), indicating FIC's role as a specialized electrical component supplier to larger primes rather than as a systems integrator or teaming partner.