Phoenix International Holdings, Inc.

Phoenix International Holdings, Inc., an employee-owned marine services contractor headquartered in Upper Marlboro, Maryland, operates as a prime contractor (95% of recent awards) delivering underwater operations, diving services, vessel maintenance and repair, salvage work, and advanced maritime engineering to the U.S. Navy and allied federal agencies on a full-and-open basis without socioeconomic set-aside protections.

Phoenix International's customer concentration is extreme: Naval Sea Systems Command (NAVSEA) accounts for 658 of 775 total awards and $1.08 billion of the $1.12 billion combined potential value across the footprint (97% of award count, near 100% of dollars). The next-largest customer, the Office of Naval Research, represents only $21.8 million across four awards. Within NAVSEA, Phoenix operates under five major indefinite-delivery/indefinite-quantity vehicles: N0002420D4306 (153 task orders, $128.3 million), N0002414D4102 (81 task orders, $117 million), N0002411D4115 (176 task orders, $49 million), N0002416D4111 (87 task orders, $42.9 million), and N0002403D4030 (133 task orders, $31.3 million). The largest single-award IDIQ, awarded September 2022 and extending through September 2027, carries a $112 million ceiling for worldwide undersea operations focused on rapid-response undersea search, salvage, and rescue. A second $97 million IDIQ covers worldwide diving and diving-related services. Task orders under these vehicles drive the vast majority of annual revenue.

Phoenix International's award portfolio spans vessel-specific maintenance and repair work on Navy guided-missile destroyers, cruisers, amphibious transport docks, littoral combat ships, and aircraft carriers (USS Dwight D. Eisenhower shaft replacement, $8.2 million; USS BOXER starboard rudder repairs, $5.8 million; USS Princeton rudder seal repairs, $1.49 million); object and aircraft recovery operations (South China Sea aircraft recovery, $4.1 million; lost-object recovery, $6.56 million; Titan submersible search and recovery, $3.98 million; Mexican Navy helicopter salvage, $5.5 million); specialized underwater equipment development and husbandry (DSEND dive suit development, $6 million; ROV husbandry across multiple task orders exceeding $500 thousand each); and allied Navy diving-related services at Pearl Harbor and other homeports. Recent work for the Office of Naval Research includes a $5.57 million cost-plus-fixed-fee definitive contract for an unmanned underwater vehicle-based sensor system testbed and testing of advanced sensor and autonomy modules in support of explosive ordnance disposal science and technology. Coast Guard work is minimal—scattered purchase orders for hull cleaning, propeller repair, and dive services ranging from $8 thousand to $131 thousand.

Activity has declined modestly from peak: 58 awards in 2024 to 46 in 2025 and 20 through late September 2026, reflecting normal task-order issuance variance under stable IDIQ vehicles. Thirty-six awards with ultimate completion dates in the next twenty-four months carry $30.7 million in combined potential value, presenting recompete exposure concentrated in NAVSEA's established task-order vehicles. SCI-reported invoiced revenue (a subset covering federal service contracts above the $150,000 threshold) totaled $17.3 million across FY2022–FY2025: $8.9 million in FY2022 and $8.4 million in FY2025, with no reportable invoicing in FY2023–FY2024 (likely attributable to contract classification, classified work, or below-threshold task order issuance). SCI data shows approximately 6.6 FTEs in FY2022 and 14.6 FTEs in FY2025 on SCI-reportable primes; government-paid hourly rates on federal services contracts ranged around $647 per hour at the median. Phoenix performed 100% of hours on SCI-recordable prime contracts with no subcontractor labor share.

On the sub side, Phoenix subcontracts to major prime contractors on complex naval ship repair and advanced systems development. Named primes include BAE Systems Maritime Solutions San Diego (recurring subcontract on ship availabilities including USS JOHN P MURTHA, USS PAUL HAMILTON, USS GREEN BAY, and USS LPD-26 work), Lockheed Martin (dry combat submersible rescue and deep-rescue-dive support), National Steel and Shipbuilding Company (USS HARPERS FERRY and USS Chung-Hoon/USS James E. Williams repair sub-work), East Coast Repair & Fabrication (USS GETTYSBURG and USS OAK HILL cofferdam and ship-specific labor support), Oceanetics Inc. (diving support on mooring system repairs and dive-team services), Systems & Technology Research (NOPASS novel sonar program support), and The Johns Hopkins University Applied Physics Laboratory (DARPA remotely operated vehicle research support). Phoenix's sub role is secondary to its dominant prime footprint: 95% of the 775 awards are prime contracts and IDIQs.

Phoenix's core delivery model emphasizes direct workforce execution—SCI data indicates zero subcontractor labor hours across prime service contracts—combined with strategic teaming on complex Navy ship maintenance availabilities where larger integrators (BAE Systems, Lockheed Martin, NASSCO) serve as primes and Phoenix contributes specialized diving, cofferdam fabrication, labor, equipment, and supervision. The company's technical capabilities center on in-water vessel maintenance (hull cleaning, propeller work, rudder seals and welds, shaft replacement, underwater welding, cofferdam installation and removal), remotely operated vehicle operations and husbandry, deep submergence vehicle support, salvage and recovery operations, and advanced diving equipment development. Work is performed worldwide, with significant presence at Upper Marlboro, Maryland (administrative and operational hub); San Diego, California (where multiple carrier-class and destroyer-class repair availabilities occur); Norfolk, Virginia (Atlantic Fleet homeport); and Pearl Harbor, Hawaii (Pacific Fleet homeport). The contractor maintains a full-and-open competitive posture with no recourse to 8(a), HUBZone, SDVOSB, or women-owned small business set-asides—all awards carry "No Set-Aside Used" designations, reflecting competition on merit against the broader federal contractor base.