Myhre's Exploration Products, Inc.

Myhre's Exploration Products, Inc., doing business as Exploration Products, manufactures precision magnetic compasses and specialized navigational instruments for the Department of Defense as a prime contractor under full-and-open and total small business set-aside procurements. The Bellingham, Washington-based for-profit manufacturer operates exclusively as a prime contractor (100% of recent awards) with no subcontract footprint, holding a single-award indefinite delivery contract valued at $250,000 with the Defense Logistics Agency Aviation that extends through November 2029 and designates Exploration Products as the sole approved source for specific magnetic compass models.

Exploration Products serves a highly concentrated customer base anchored almost entirely on the Defense Logistics Agency Aviation, which accounts for 54 of 96 total awards and the full $1.9 million in combined potential value reported across all federal work. The Department of the Air Force places 20 awards, the Department of the Army 14 awards, and the Defense Logistics Agency (non-Aviation components) 5 awards, with the Navy, Air Force Finance and Accounting Service, and Department of State representing minimal activity. This concentration is intentional by design — Exploration Products' federal footprint is dominated by recurring delivery orders for magnetic compasses under national stock number COMPASS,MAGNETIC,UN and related navigational equipment, with most task orders valued between $11,000 and $19,000 and delivered to Bellingham, Washington. Representative recent awards include a $18,765 delivery order from DLA Aviation in October 2025, a $12,501 order in August 2024, and a $12,317 order in August 2023, all firm fixed-price and all for magnetic compass procurement.

The vendor's activity over the past five years has declined from five awards in 2021 to three in 2025, suggesting a contraction in annual procurement volume despite holding an active long-term IDC vehicle. The top five parent vehicles are all indefinite delivery contracts; the primary vehicle (SPE4A620D5532) has generated 15 task orders carrying $195 thousand in combined potential value, followed by SPE4A615D5887 with 11 task orders and $178 thousand, and SPM44004D1448 with 11 task orders and $85 thousand. Work is categorized primarily under Other Measuring and Controlling Device Manufacturing and Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (NAICS), with navigational instruments as the dominant PSC category across 62 awards. The vendor has been active in federal contracting since at least 2002 and maintains small business status; recent awards split between total small business set-aside designation and full-and-open (no set-aside) competition, indicating acceptance as a qualified supplier in both pathways.