Newco Inc.

Newco Inc., a service-disabled veteran-owned small business based in Florence, South Carolina, manufactures and distributes nondestructive testing equipment and supplies to the Department of Defense as a prime contractor on hundreds of small, tactical purchase orders and as a recipient of indefinite delivery contracts anchored by a $5 million blanket purchase agreement with Naval Sea Systems Command through June 2029. The company is structured as a for-profit Subchapter S corporation and holds both veteran-owned business and SDVOSB designations; it competes predominantly in full-and-open procurement, with individual awards rarely exceeding $200 thousand.

Newco's federal footprint centers on nondestructive testing equipment — radiographic film, eddy current probes, ultrasonic transducers, magnetic inspection systems, lead alloy screens, penetrant testing materials, and specialized x-ray systems — along with maintenance, repair, and calibration services for that equipment. Concrete recent work includes a $1.016 million definitive contract from TACOM Life Cycle Management Command (awarded April 2025) for magnetic particle and x-ray preventative maintenance and emergency repair services at Anniston, Alabama through March 2030; a $609.5 thousand purchase order from the Air Force Materiel Command Air Force Sustainment Center (June 2025) for five magnetic particle inspection benches at Tinker Air Force Base; and a $200.2 thousand purchase order from Naval Sea Systems Command (September 2024) for a Magnaflux magnetic wet bench to be delivered to Portsmouth Naval Shipyard. The company also holds a $1.399 million single-award indefinite delivery contract with Naval Sea Systems Command (June 2025) for low-energy x-ray system service maintenance and repair through June 2030, supporting the Navy's quality assurance and inspection infrastructure.

Customer concentration is substantial and Navy-forward. The top five customers by award count account for 69 percent of recent awards, but the ranking by potential value shifts sharply toward Naval Sea Systems Command — which holds 89 awards worth $16.6 million combined (46% of total potential value) — compared to Defense Logistics Agency Aviation, which has 275 awards but only $3.2 million in combined value. This split reflects NAVSEA's anchor role through larger, longer-duration contracts (the $5 million BPA and the $1.399 million IDC) alongside DLA Aviation's high-volume, low-dollar tactical purchases. Defense Logistics Agency Land and Maritime, TACOM, and Naval Air Systems Command round out the customer set, with TACOM's role growing through the recent $1.016 million definitive contract and the $594.3 thousand indefinite delivery contract for x-ray equipment maintenance and repair services through September 2026.

Newco holds five named parent vehicle positions. The $5 million Naval Sea Systems Command Blanket Purchase Agreement (awarded June 2024, extended November 2024) represents the flagship vehicle and underpins routine delivery orders for NDT supplies and equipment. The $1.399 million NAVSEA low-energy x-ray IDC (June 2025) anchors specialized x-ray maintenance work. The $594.3 thousand Army Materiel Command Joint Munitions Command indefinite delivery contract covers parts, materials, labor, preventative maintenance, and repairs for cabinet x-ray machines at Letterkenny and Chambersburg, Pennsylvania, with three delivery orders issued totaling $355.4 thousand. The Air Force contract FA851714D0026 generated six task orders worth $756 thousand. Delivery orders under these vehicles flow steadily; the company issued a $199.2 thousand delivery order under the Army contract in March 2025 and a $136.8 thousand order in March 2024, indicating sustained utilization.

Activity has remained robust but plateaued at recent volume. Awards per year ran 44 in 2022, climbed to 91 in 2024, then moderated to 85 in 2025 and 18 in the first quarter of 2026 (a partial-year figure). The combined potential value across all 679 awards stands at $35.8 million, with $19.3 million obligated to date. Five awards face ultimate completion within the next twenty-four months and represent $448 thousand in recompete exposure — a small recompete cliff relative to the $35.8 million ceiling footprint.

Newco's subcontract footprint is minimal: two sub-awards appear in the source, both recent (January and September 2025), for specialized work under Fluor Marine Propulsion on naval nuclear laboratory management support and under Dynetics on manufacturing capacity equipment for a hydrospace assembly component. These represent testing and tooling services aligned with Newco's NDT expertise and do not signal a significant prime-contractor leverage strategy.

Across NAICS and PSC, Newco's awards cluster in Other Measuring and Controlling Device Manufacturing (247 awards), Photographic Film and Paper Manufacturing (44 awards), and Irradiation Apparatus Manufacturing (41 awards), with a dominant PSC concentration in Physical Properties Testing and Inspection (333 awards). This taxonomy reflects the company's core identity as a tactical supplier of consumable NDT materials and equipment rather than a systems integrator or service contractor.

Newco NDT is a Service-Disabled Veteran-Owned Small Business specialized in providing clients with nondestructive testing (NDT) products and services including consulting, design, assembly, and installation services in all NDT disciplines. We have developed and installed systems for clients across the most demanding industries ranging from aerospace to national defense, and every industry in between where quality assurance of products and equipment components is critical for safety and success. Our knowledgeable staff and "customer first" attitude have made Newco a respected leader in the NDT industry. Our long-term commitment to NDT service excellence is evident in our client experience.