GMD Shipyard Corp.

GMD Shipyard Corp., a for-profit small business maritime services provider headquartered in Brooklyn, New York, operates as a prime contractor delivering ship repair, drydock maintenance, and vessel preservation services to federal agencies under total small business set-asides. GMD competes exclusively under small business designation across its portfolio; all prime awards in the source carry total small business set-aside status, and the vendor has not pursued or received full-and-open contracts in recent years.

GMD's customer concentration is heavily skewed toward the Coast Guard by award count and the Army by dollar magnitude. The top five federal customers account for 89 percent of recent awards: the Department of Homeland Security US Coast Guard leads with 61 awards and $196.6 million combined potential value, followed by the National Oceanic and Atmospheric Administration (13 awards, $13.2 million), the Department of Transportation Maritime Administration (8 awards, $28.2 million), the Department of the Army TACOM Life Cycle Management Command (6 awards, $909.4 million), and the Department of the Navy Secretary of the Navy (5 awards, $9 million). When ranked by potential dollar value, the Army's TACOM ($909.4 million across six awards) and the Navy's Military Sealift Command ($248.8 million across two awards) dominate; these two Army and Navy vehicles alone represent 82 percent of GMD's combined potential value and signal substantial long-term leverage for vessel sustainment and maintenance programs. The Coast Guard, despite leading by award count, comprises only 14 percent of total potential dollars, reflecting a pattern of smaller individual drydock and repair contracts issued under multiple IDIQs.

GMD holds significant position on five primary indefinite delivery vehicles. The Army Watercraft Sustainment Maintenance Program Zone 1 CONUS Services IDIQ (awarded January 30, 2026) carries a $241.4 million ceiling through July 30, 2031 and represents GMD's largest single contract vehicle. The Military Sealift Command EPF Layberth Services MAC IDIQ (awarded February 28, 2025) holds a $248.8 million ceiling through February 27, 2030. The Coast Guard maintains multiple smaller IDIQs including the 140 Inland Ice Breaker Tugs and Barges drydock repairs contract ($26.3 million, expired July 2026), a WYTL-class drydock MATOC IDIQ ($10.6 million, expired September 2026), and recently awarded single-award IDIQs for USCGC Walnut ($4.2 million, expires July 2026) and CGC Oak ($3.5 million, expires June 2026). Task order velocity across these vehicles is relatively low relative to ceiling value, suggesting these are reserved-capacity or call-when-needed arrangements rather than steady-stream programs.

Capability framing tracks consistently with NAICS 336611 (Ship Building and Repairing) and PSC J998 (Non-Nuclear Ship Repair, East). Representative drydock work includes a $4.4 million definitive contract with the Coast Guard for the USCGC TAHOMA (awarded February 2023, completed July 2023) covering hull preservation, underwater body work, propulsion system maintenance, and deck covering replacement; a $5.2 million Coast Guard contract for the USCGC DILIGENCE (awarded October 2022, completed February 2024) for drydock repairs and maintenance; and a $3.6 million Navy purchase order for the Training Vessel Kings Pointer (awarded September 2022, completed June 2023) for hull repairs, tank cleaning and testing, tailshaft work, and vessel recoating under the Maritime Administration's SeaPort-NxG vehicle. Recent work spans February 2026 through August 2026, with three active definitive contracts and IDIQs: a $2.6 million Coast Guard definitive contract for USCGC VENTUROUS drydock repairs (awarded August 24, 2026, completes November 1, 2026), a $3.8 million delivery order for Coast Guard Cutter Walnut (awarded March 31, 2026, completes August 1, 2026), and a $3.2 million delivery order for CGC Oak (awarded March 31, 2026, completes March 31, 2026).

Activity shows cyclical or uneven award flow over the five-year lookback: six awards in 2022, four in 2023, one in 2024, five in 2025, and seven through August 2026. The recompete exposure window is moderate — three awards with ultimate completion dates in the next twenty-four months carry $6.4 million combined potential value, primarily driven by expiring Coast Guard IDIQs.

SCI-reported invoiced revenue totaled $27.7 million across fiscal years 2022 through 2024 (FY2022: $12.8 million, FY2023: $13.4 million, FY2024: $1.5 million). The steep FY2024 decline reflects the narrow SCI reporting window in the source data; SCI captures only federal service contracts above the $150,000 threshold and excludes goods, micro-purchases, and classified work, so these figures represent a subset of GMD's federal revenue and a smaller portion of total enterprise revenue. The SCI dataset shows roughly 55.7 FTEs delivered in FY2022, 64.4 FTEs in FY2023, and 6.0 FTEs in FY2024 on prime contracts; the vendor reported zero subcontractor engagement across SCI-reportable work, indicating GMD builds and staffs its own delivery teams. Government-paid hourly rates on federal services contracts captured in SCI ran around $99.71 per hour at the median, with senior labor pricing through $127.75 per hour (90th percentile) and entry-level labor priced around $92.54 per hour (10th percentile). GMD operates exclusively as a prime contractor — 105 awards (100%) are prime contracts and IDVs, with no sub-award activity in the source.