GE Energy Power Conversion USA Inc.

GE Energy Power Conversion USA Inc., doing business as Converteam, a large for-profit subsidiary of General Electric Company headquartered in Imperial, Pennsylvania, operates as the original equipment manufacturer (OEM) of propulsion systems, power conversion equipment, and marine electrical infrastructure for U.S. Navy and Coast Guard vessels, performing on a prime-contractor basis (96% of recent awards) across a portfolio valued at $941.7 million in combined potential. The company competes entirely as a large business without set-asides across its federal footprint.

Converteam's capability portfolio centers on naval vessel propulsion modernization, power distribution system design and installation, automation and control systems integration, and comprehensive technical maintenance and sustainment services for critical maritime platforms. Representative work spans $14.065 million in Coast Guard delivery orders for integrated power plant maintenance and engineering on the USCGC Healy polar icebreaker (awarded April 2026), $10.303 million in Military Sealift Command delivery orders for T-AKE class machinery control system modernization Phase 2 services covering three vessels (awarded September 2024), and $8.451 million in propulsion control system upgrades across T-AKE 1, 4, and 13 (awarded June 2024). The company also delivers component procurement and repair services, including a $1.539 million Naval Supply Systems Command purchase order for machine bridge modules (awarded July 2025) and $688 thousand in insulated-gate bipolar transistor components (awarded March 2025).

Customer concentration is extreme: the Department of Navy's Military Sealift Command accounts for 1,166 awards valued at $465.6 million (49% of total potential value), and the Department of Homeland Security Coast Guard accounts for 213 awards valued at $350.5 million (37%). Together, these two customers represent 1,379 awards covering 86% of Converteam's combined potential value. The remaining 15 federal agencies share $125.6 million. Customer rankings by award count and dollar value align closely—MSC dominates both metrics—indicating sustained, concentrated relationships rather than broad agency diversification.

Converteam anchors its business on five major indefinite delivery vehicles, all with the Department of Navy or Coast Guard. The Indefinite Delivery Contract N3220516D2003 (Military Sealift Command) carries 341 task orders valued at $81.7 million; N3220521D4113 (also MSC) holds 223 task orders valued at $83.8 million; N0003312D8023 (MSC) has 261 task orders valued at $25.3 million; and the Coast Guard's HSCG8508D6BX169 supports 54 task orders valued at $57 million for USCGC Healy integrated power plant maintenance through July 2028. On July 1, 2026, Converteam was awarded membership in the Air Force's AEDC Velocity Alliance Other Transaction Consortium, an IDV vehicle outside the FAR reflecting its status as a critical subsystem supplier in Navy construction and modernization programs.

Award activity has remained relatively stable, ranging from 30 awards in 2026 (year-to-date through July) to 80 in 2024, with 64 awards in 2025 and 73 in 2023. Nineteen awards face ultimate completion within the next twenty-four months, carrying combined potential value of $36.4 million and representing modest recompete exposure. SCI-reported invoicing reached $30.5 million across FY2022–FY2025, with FY2025 climbing to $9.7 million across 9.3 FTEs. Government-paid hourly rates on SCI-reportable prime contracts span $191/hr at the tenth percentile to $517/hr at the median and $2,400/hr at the ninety-th percentile, reflecting a mix of junior technical labor and senior engineering support. Across SCI-reportable prime contracts, subcontractors account for an average of 6% of total contractor hours, with four named subcontractors identified in SCI records.

On the prime side, Converteam builds its own delivery teams for core propulsion and power-systems work, engaging subcontractors selectively for specialized services. Named subcontracting partners include Cadick Corp (a minority-owned, service-disabled veteran-owned small business providing electrical safety training and maintenance on USCGC Healy), Atlantic Plant Maintenance Inc. (vessel maintenance and propulsion support), In-Place Machining Company LLC (precision machining and equipment repair), and GE Energy Power Conversion Naval Systems Inc. (a captive GE subsidiary for technical and engineering labor on Navy programs including DDG-1000, LHA-8, and supporting DDG-51 class maintenance). Larger prime contractors—Huntington Ingalls Incorporated, Vigor Marine LLC, Crowley Government Services, and Life Cycle Engineering—engage Converteam as a subcontractor for propulsion and electrical systems design, engineering, and installation on major Navy ship construction and modernization programs, including DDG-1000/1001/1002 modernization, LHA-8 detail design and construction, and USNS Matthew Perry technology refresh.

The company operates as a sole-source OEM on U.S. Navy T-AKE dry cargo ships, Expeditionary Sea Base vessels, Lewis and Clark-class ships, and the Coast Guard's USCGC Healy, reflecting its embedded role in platform design and its specialized technical expertise. Converteam's footprint is overwhelmingly maritime-defense oriented, with 95% of awards concentrated among Military Sealift Command, the Coast Guard, Naval Sea Systems Command, Naval Supply Systems Command, and Naval Facilities Engineering Command. The company does not compete for civilian or non-maritime defense work, and no set-aside categories appear in its prime portfolio—all awards reflect full-and-open or sole-source OEM designations on large-business terms.