Precision Products Inc.

Precision Products Inc., a woman-owned small business manufacturer based in Pascagoula, Mississippi, supplies specialized marine hardware and damage control equipment to the Department of Defense as a prime contractor (80% of recent awards) and subcontractor on major naval shipbuilding programs. The company is a Subchapter S corporation operating under WOSB certification, competing predominantly in set-aside and unrestricted full-and-open procurements anchored to its primary indefinite delivery contract with the Defense Logistics Agency Land and Maritime.

Precision Products' customer base is tightly concentrated with DLA Land and Maritime, which accounts for 61 awards and $2.7 million of the $3.2 million combined potential value across the vendor's recent portfolio — a 93% concentration by award count and 84% by dollar value. The Department of the Navy Naval Sea Systems Command represents the secondary customer with 33 awards and $154 thousand in potential value, followed by DLA Troop Support Construction and Equipment with 7 awards and $144 thousand. This concentration reflects Precision Products' singular focus on DLA maritime logistics operations as its anchor business.

The vendor's primary vehicle is a five-year, $1.008 million single-award Indefinite Delivery Contract with DLA Land and Maritime for telescoping support equipment, awarded in October 2022 and running through October 2027. Since award, DLA has issued 19 documented delivery orders under this IDV, with individual order values ranging from $9,797.60 to $80,360.00. The IDV carries a Total Small Business set-aside designation; individual delivery orders have been issued on both set-aside (Total Small Business) and unrestricted firm fixed-price basis. The vendor also holds a $250,000 IDV with DLA for marine grapnels. Precision Products' order flow through the primary IDV demonstrates consistent utilization — 22 task orders appear in the top parent vehicles data — with delivery orders spanning from July 2023 through January 2026, with completion dates extending to August 2026.

Precision Products' concrete capability portfolio centers on telescoping support equipment (the primary product line), marine grapnels, protective frames, transfer-at-sea chairs, stanchion block kits, damage control patch boxes, damage control shores, vibration pads, and scaffold plan equipment — all National Stock Number (NSN)-driven consumables and components for naval vessel logistics and maritime operations. Representative prime awards include a $80,360 delivery order for telescoping support issued November 2024 (completion August 2026), a $196,650 purchase order for protective frames issued December 2024, a $43,254 purchase order for 243 marine grapnels issued February 2024, and a $36,410 delivery order for telescoping support issued November 2023. All work is performed at the vendor's Pascagoula facility.

Precision Products actively serves as a subcontractor to major naval shipbuilders, primarily Huntington Ingalls Incorporated and Rolls-Royce Marine North America Inc., supplying lockers, stowage units, and components to Arleigh Burke-class destroyer (DDG) construction, San Antonio-class amphibious transport dock (LPD) programs, Wasp-class amphibious assault ship (LHA) construction, and LSD-class restoration efforts. Recent sub work includes locker procurement and advanced procurement for LHA 9 (2025), DDG 51-class construction on DDG 128–139 (through 2025), LPD construction and provisioned item orders (through 2024), and rotor casting work with Rolls-Royce (2024–2025). Subcontract work accounts for 23 awards (20% of the portfolio) and anchors the vendor's position within the naval construction supply chain beyond its primary DLA prime business.

Activity has grown from 12 awards in 2022 to 23 in 2024, with 21 awards in 2025 and 2 in 2026 year-to-date. The recompete cliff shows minimal near-term exposure — only 2 awards (combined potential value $100 thousand) have ultimate completion dates in the next twenty-four months, indicating the primary IDV's October 2027 expiration and the long tail of delivery order completions into 2026 provide runway. The vendor's award dollar volume reported as $6.3 million obligated against $3.2 million potential value (194% obligation ratio) reflects a mix of historical invoicing across the five-year source window and the Indefinite Delivery Contract structure's staggered delivery-order pricing.

Machine and Fabrication Shop