FXC Corporation

FXC Corporation, doing business as FXC Corp, a minority-owned, self-certified small disadvantaged business (SDB) based in Costa Mesa, California, manufactures specialized aviation equipment and components for the Department of Defense as a prime contractor (99% of awards) across full-and-open and small-business set-aside procurements. FXC is a for-profit manufacturer of parachute systems, cargo release mechanisms, aircraft test equipment, and related sustainment hardware—not a systems integrator or service provider—and competes across both set-aside and unrestricted contract vehicles without a dominant set-aside posture.

FXC's customer base is heavily concentrated in Defense Logistics Agency Aviation, which accounts for 230 awards (66% of award count) and $58.5 million in combined potential value across 683 total awards. DLA Aviation is the anchor customer by a wide margin; the next-largest customer by dollar value is the Department of the Army Materiel Command Research, Development and Engineering Command, with only $7.2 million across three awards. Department of the Navy, the Department of the Air Force, and the Department of the Air Force Materiel Command Lifecycle Management Center at Robins AFB round out the top five customers. This concentration is striking: the top customer accounts for 70% of potential value across the entire footprint.

FXC's award activity has grown modestly but unevenly over the past five years—22 awards in 2021, peaking at 27 in 2024, then declining to 15 in 2025 year-to-date—suggesting neither sustained growth nor steep decline. The combined potential value of all 683 awards is $83.9 million, with $64.2 million obligated (77% of potential value), a signal that most awards are firm fixed-price purchase orders and delivery orders with high execution rates. Recompete exposure is minimal: only three awards ($839 thousand combined potential value) face completion within the next twenty-four months.

Capability work is concentrated in parachute systems and cargo release mechanisms. Representative prime awards include a $703,985 purchase order from DLA Aviation (January 2025) for aircraft release bodies; a $208,560 delivery order from DLA Aviation (April 2025) for cargo release parachutes under an indefinite delivery contract; a $124,800 purchase order from Naval Air Warfare Center (December 2025) for E-2D Foreign Military Sales Japan ripcord release testers; and a $7 million single-award Blanket Purchase Agreement with the Army Research, Development and Engineering Command (July 2024) for commercial parachute dereefers and tools, completion date July 2029. FXC also provides aircraft test-set repair services and holds a $888,888 indefinite delivery contract with DLA Aviation for cargo release parachutes and related equipment running through March 2026. Most awards are non-competed or sole-source procurements reflecting FXC's proprietary position in parachute release equipment.

FXC holds three named parent IDCs and single-award BPAs: the $7 million RDECOM BPA (11 task orders, $2.7 million obligated value as of the source snapshot), a $888,888 DLA Aviation IDC (active through March 2026), and a $369,580 DLA Aviation IDC (completed March 2024). The top five parent vehicles account for the company's highest-value concentrations. Performance is executed at FXC's Costa Mesa facility, with no named subordinate locations.

In its subcontractor role, FXC supplies parachute components and mechanical dereefers to BAE Systems Protection Systems, BAE Systems Information and Electronic Systems Integration, and Atlantic Diving Supply. Subcontract awards are minimal (5 sub-awards, 1% of total) and represent material delivery rather than significant system-level engagements.

FXC is characterized by narrow, specialized manufacturing—not breadth of capability—anchored to a single dominant customer (DLA Aviation) across a limited product portfolio (parachutes, release mechanisms, test equipment). Growth trajectory is flat to slightly positive; recompete cliff is negligible. The business model is transactional: high volume of small purchase orders and firm delivery orders under single-award IDCs, with execution concentrated in a single facility and competitive positioning rooted in proprietary parachute equipment and Foreign Military Sales support relationships.