Fraser Shipyards LLC

Fraser Shipyards LLC, a HUBZone-certified small disadvantaged business, delivers ship repair, drydocking, and vessel maintenance services to federal maritime agencies as a prime contractor on full-and-open and set-aside purchases. Based in Superior, Wisconsin, with additional facilities in Duluth, Minnesota and Houghton, Michigan, Fraser Shipyards is a subsidiary of Reuben Johnson & Son, Inc. and operates across primary NAICS 336611 (Ship Building and Repairing) and PSC codes for non-nuclear ship repair, vessel maintenance, and small-craft operations.

Fraser Shipyards operates exclusively as a prime contractor — all fifty awards in the source are prime contracts, IDIQs, or grants with no subcontractor activity. The vendor competes in both full-and-open and set-aside categories; recent awards split between HUBZone set-asides (the $4.5 million Navy 60-foot dive support boat purchase order, the $241.4 million Army Watercraft Sustainment Maintenance Program IDIQ), total small business set-asides (the $870 thousand National Park Service Ranger III dry dock contract, the $1.3 million Army Corps tug Billmaier drydocking contract), and unrestricted purchases (the $1.73 million Coast Guard USCGC Spar unplanned dry dock contract from September 2026).

Customer concentration is heavily weighted toward Department of Homeland Security Coast Guard work. The top five funding agencies account for 68% of recent award count but the distribution diverges sharply by dollar value: Coast Guard leads on count (22 awards, $13.9 million combined potential value), but the Army Materiel Command's TACOM Life Cycle Management Command anchors 99% of combined potential value through a single $241.4 million IDIQ for Army watercraft sustainment and maintenance across CONUS Zone 1 (established January 2026, running through July 2031). The Navy Naval Sea Systems Command holds the second-largest dollar position at $14.5 million (two awards including the $4.5 million dive support boat), followed by Coast Guard at $13.9 million. The remaining customers—National Park Service, Army Corps of Engineers, and others—trail at the millions or thousands of dollars each.

The TACOM AWSM Zone 1 IDIQ carries a $241.4 million ceiling and represents the vendor's primary vehicle for sustained Army work; a delivery order for a start-of-work meeting ($1,000) was issued February 2026 with completion targeted for March 2026. Fraser Shipyards also sits on a Coast Guard IDIQ for underwater body paint, which has generated four task orders totaling $417 thousand. Beyond these vehicles, the vendor executes work under purchase orders rather than large standing IDVs.

Recent activity shows modest volatility. Awards per year have ranged from one to three over the past five years (2022–2026), with three awards recorded in 2026 to date. Three awards face ultimate completion inside the next twenty-four months with combined potential value of $11.7 million, exposing the vendor to recompete risk on approximately 4% of its total award portfolio value. The $1.73 million USCGC Spar contract completes November 2026; the TACOM IDIQ runs through 2031 and anchors long-term work.

Concrete recent capability work includes the September 2026 $1.73 million firm fixed-price definitive contract from Coast Guard for unplanned dry dock services on the USCGC Spar (Superior, Wisconsin); the June 2023 $4.5 million Navy Naval Sea Systems Command purchase order for a 60-foot dive support boat to be delivered to the Mid-Atlantic Regional Maintenance Center in Norfolk, Virginia; the June 2023 $870 thousand National Park Service contract for mandatory dry dock services on the M/V Ranger III (completion January 2024); and the March 2022 $1.3 million Army Corps of Engineers definitive contract for drydocking and repair of the tug Billmaier in Duluth, Minnesota. The vendor also received a federal grant from the Maritime Administration's Assistance to Small Shipyards program (CFDA 20.814) valued at $817 thousand (dated August 2025, completion August 2027) to purchase and install a Link Belt 130-ton telescopic boom rough terrain crane at the Superior facility.

SCI-reported invoicing totals $1.7 million across two prime service contracts from FY2023–FY2024, with $846 thousand in FY2023 and $851 thousand in FY2024, reflecting roughly 0.8 and 0.6 FTEs respectively. Government-paid hourly rates on SCI-reportable prime contracts ran a median of $505.50 per hour, with rates spanning from $320.72 per hour at the tenth percentile to $690.28 per hour at the ninety-fifth percentile. Across SCI-reportable prime contracts, subcontractors accounted for an average 23% share of contractor hours, with two named subcontractors reported; however, SCI captures only a narrow slice of Fraser Shipyards' federal service revenue and excludes goods, micro-purchases, and the bulk of the vendor's ship repair and construction work recorded in the broader award portfolio.

The Fraser Shipyards facility on Lake Superior commands more than 60 acres with navigable water access, rail access, and immediate freeway access. This advantageous location empowers us to provide excellent logistical support to our customers. We operate 24 hours a day, seven days a week, to meet the exacting demands of the Marine Industry.

* Over 2,000 feet of dock wall to accommodate overnight or long-term top side repairs.

*Two dry docks, the largest able to accommodate 800' long vessels up to 80' wide.

*Large capacity fabrication shop with CNC controlled machinery.

*Extensive ware housing.

*Full logistics support.

*Naval architecture and engineering support staff.