Platypus Marine Inc.

Platypus Marine Inc., an SBA-certified HUBZone small business based in Port Angeles, Washington, operates as a full-service maritime shipyard providing drydock repair, vessel maintenance, modernization, and preservation services to federal agencies entirely as a prime contractor. The company competes exclusively under total small business set-asides and HUBZone designations across its $1.09 billion combined potential value award footprint.

Platypus Marine's core capability centers on comprehensive vessel maintenance, repair, and preservation for Coast Guard cutters, Navy watercraft, Army Corps watercraft, and specialty maritime assets. Representative work includes a $2.088 million Naval Air Systems Command definitive contract (awarded April 2025) for maintenance, repair, and preservation of two 85-foot aluminum vessels (TWR-7 and TWR-8); a $4.8 million Naval Supply Systems Command definitive contract (April 2025) for maintenance, repair, and preservation of the 109-foot Harbor Tug Manhattan (YT-800), including generator replacement and electrical distribution system upgrades; and a $1.979 million Coast Guard definitive contract (June 2026) for comprehensive drydock repairs on USCGC REEF SHARK, encompassing 47 work items spanning hull plating, propulsion systems, electrical upgrades, and tank inspections. Recent work also includes a $320 thousand National Park Service purchase order (September 2026) to rehabilitate a 42-foot Munson Landing Craft with engine overhaul, navigation system modernization, and structural repairs. Platypus Marine also holds a construction position on a $4.27 million Naval Sea Systems Command purchase order (May 2024) for delivery of one 60-foot dive support boat to support underwater ship maintenance operations.

Customer concentration sits heavily with Navy commands. The top five funding agencies account for 90% of awards by count: the Department of Homeland Security Coast Guard leads by award count at 81 awards ($64.7 million combined potential value), followed by Naval Sea Systems Command (62 awards, $160.6 million), Navy Installations Command (57 awards, $54.8 million), Naval Strategic Systems Programs (16 awards, $7.7 million), and the Army Materiel Command TACOM Life Cycle Management Command (6 awards, $770.4 million). By potential value, the concentration shifts dramatically: TACOM dominates with $770.4 million across just six awards under the Army Watercraft Sustainment Maintenance (AWSM) Program Zone 1 CONUS contract. Naval Sea Systems Command ranks second at $160.6 million across 62 awards—a high-volume, smaller-dollar-per-task pattern.

Platypus Marine holds four strategic IDIQ vehicles. The Army Watercraft Sustainment Maintenance Program Zone 1 CONUS IDIQ (awarded January 30, 2026, ceiling $241.4 million, through July 30, 2031) sustains and maintains Army watercraft assets across the continental United States under TACOM Life Cycle Management Command; a delivery order for a start-of-work meeting ($1,000, February 15, 2026) represents initial activity. The Navy Installations Command awarded an indefinite-delivery contract (July 2, 2026, ceiling $24.5 million, through July 1, 2031) for repair and modernization of three types of steel barges (YC, UF, and UFDD vessels ranging 60 to 115 feet) across six Puget Sound home port locations. The Naval Sea Systems Command Navy Shop Support IDIQ MAC (awarded September 14, 2022, ceiling $42.4 million, through September 13, 2027) provides shipfitting, welding, machining, electrical, pipefitting, and other maritime vessel maintenance and repair work to Puget Sound Naval Shipyard & Intermediate Maintenance Facility. A Naval Sea Systems Command IDIQ for blocking, preservation, and lifecycle maintenance of small boats (awarded August 3, 2023, ceiling $5 million, through August 2, 2028) covers approximately 48 small boats (28 to 33 feet harbor security, 19 to 25 feet utility, 21 to 32 feet work boats) over the five-year period.

Activity has been cyclical but remains sustained. Awards per year show 10 in 2022, 21 in 2023, 12 in 2024, 10 in 2025, and 16 in 2026. Seven awards with ultimate completion dates in the next twenty-four months carry a combined potential value of $7.5 million, representing a modest near-term recompete exposure relative to the AWSM IDIQ's large ceiling. SCI-reported invoicing across service contracts above the $150,000 threshold totaled $7.9 million from FY2022 through FY2025 ($4 million in FY2022 across 8.7 FTEs, $1.8 million in FY2023 across 4.1 FTEs, $0 in FY2024, and $2 million in FY2025 across 6.7 FTEs). On federal services contracts captured in SCI, median government-paid rates ran around $238/hour, with senior labor pricing through $279/hour. Platypus Marine performs all work with internal teams; the SCI dataset shows zero sub-hours share across prime contracts.

Platypus Marine operates under primary NAICS 336611 (Ship Building and Repairing), with PSC codes dominated by non-nuclear ship repair and vessel maintenance. The company's entire award footprint reflects total small business set-aside or HUBZone-only designations—no full-and-open competitive awards appear in the source data. All 248 awards are prime contracts; the vendor holds no recorded sub awards.

Platypus Marine is one of the Pacific Northwest's largest full-service shipyards, offering both indoor and outdoor facilities for marine refit, repair, and new construction. With a long-standing record of excellence, we have provided services to a wide range of vessels for the U.S. Navy, U.S. Coast Guard, U.S Army, and U.S Army Corps, as well as commercial and charter vessels, tugboats, and passenger ships. Our facility features over 110,000 square feet of enclosed space, spread across multiple buildings dedicated to specific services, including a paint shop, metal fabrication shop, fiberglass shop, mechanic shop, carpentry shop, and electrical shop. Now with our newly leased Terminal 1 space, we offer pier-side capabilities, allowing us to handle larger projects directly on the water.