Owl Inc.

Owl Inc., a minority-owned, veteran-owned, and service-disabled veteran-owned small business based in St. Johns, Florida, delivers specialized medical transportation services to the Department of Veterans Affairs as a prime contractor operating across multiple Veterans Integrated Service Networks nationwide. The company operates exclusively as a prime (100% of recent awards), competing in full-and-open procurements without set-aside designations, though one service-disabled veteran-owned small business set-aside award (Jesse Brown VAMC, $15.4 million definitive contract, September 2023) anchors the portfolio. Owl is a Subchapter S corporation structured as a for-profit organization.

Owl's capability portfolio centers on non-emergency medical transportation, wheelchair and stretcher transportation, special mode transportation, and ambulance services for veterans at VA medical facilities and integrated service networks. Representative prime work includes a $2.49 million emergency bridge delivery order with VA VISN 12 for special mode transportation at Hines VA Hospital (February 2026, ultimate completion May 2026); a $7.04 million delivery order with VISN 12 for special mode transportation at Hines (October 2023 through September 2024); and a $6.3 million delivery order with VISN 22 for non-ambulatory transportation services in Tucson, Arizona (October 2022 through September 2023). Work spans NAICS 485991 (Special Needs Transportation), with secondary NAICS categories in general transit and ground passenger transportation and taxi services.

Customer concentration is extreme and singular: 78% of awards derive from five VA Veterans Integrated Service Networks, with VA VISN 12 anchoring the combined potential value ($130.6 million across 15 awards) and VISN 22 driving award volume (30 awards, $118.9 million). VA VISN 6 contributes 49 awards totaling $75.8 million but ranks third by dollar value; VISN 21 and VISN 7 round out the top five. The two rankings align closely — the same four networks dominate both volume and dollars. Thirteen distinct VA VISNs and related agencies constitute Owl's customer base, but the top five account for 81% of combined potential value. This concentration reflects Owl's positioning as a specialized VA transportation vendor with geographic footprints in Illinois (Hines), Arizona (Phoenix, Tucson), California (San Francisco), Mississippi (Jackson), and Florida (Orlando).

Owl holds five named Indefinite Delivery Contracts as prime: VA VISN 12 Emergency Bridge IDC (awarded November 2025, ceiling $3.1 million, ultimate completion May 2026); VA VISN 12 Special Mode Transportation IDC (awarded April 2025, ceiling $3.25 million, ultimate completion September 2025); VA VISN 22 Transportation IDC (awarded January 2024, ceiling $3.1 million, ultimate completion October 2024); VA VISN 22 Non-Emergent Medical Transportation IDC (awarded January 2024, ceiling $6.3 million, ultimate completion October 2024); and VA VISN 21 Special Mode Transportation IDC (awarded August 2022, ceiling $4.5 million, ultimate completion January 2024). Task orders placed against these IDVs numbered 37 across the five vehicles; the largest concentration sits with VA24617D0306 and VA25817D0040 (8 task orders each). Owl operates predominantly through task order delivery and single-award indefinite delivery contracts rather than government-wide acquisition vehicles or multiple-award contracts.

Activity shows volatility year over year — eight awards in 2022, nine in 2023, eight in 2024, and six in 2025, with one award in 2026 year-to-date. The recompete cliff is negligible: only one award (combined potential value $36 thousand) reaches ultimate completion inside the next twenty-four months, indicating a relatively stable portfolio through mid-2027. The combined potential value across all 162 prime awards stands at $544.4 million, with $214.7 million obligated to date (39% of potential).

SCI-reported service-contract invoicing totaled $73.3 million across fiscal years 2022 through 2024: $36.3 million in FY2022 across 234 FTEs, $17.4 million in FY2023 across 241 FTEs, and $19.6 million in FY2024 across 237 FTEs. The FY2022 spike reflects a peak year of performance; FY2023 and FY2024 invoicing stabilized at roughly 50% of FY2022 levels. Government-paid hourly rates on prime contracts show a median of $56.41/hr, with rates ranging from approximately $26/hr at the tenth percentile to $89/hr at the ninety-fifth percentile, reflecting a mix of driver and dispatcher labor. Across SCI-reportable prime contracts, Owl self-performed 100% of work with zero subcontractor engagement, indicating a fully integrated delivery model. The company maintains a stable workforce of 234 to 241 FTEs across the reporting period.