Prism Maritime, Inc.

Prism Maritime, Inc., a Chesapeake, Virginia–based small business, delivers maritime systems integration, naval vessel modernization, and shipboard installation services to the U.S. Navy as a prime contractor (84% of recent awards) competing predominantly under Total Small Business set-asides on definitive contracts and task orders. The company operates as a Subchapter S corporation and manufacturer of goods, with $14.15 billion in combined potential value across 296 recent federal awards split between prime and subcontractor roles.

Prism Maritime's capability portfolio centers on C4ISR installations, command and control systems integration, shipboard electronics and navigation systems, alteration installation team services, electro-optic sensor installations, and hardware procurement and assembly for naval vessel modernization. Representative work includes a $218.4 million Total Small Business definitive contract with Naval Sea Systems Command for alteration installation team services (awarded November 2024, running through February 2031) that encompasses technical and engineering support for installation, modification, and removal of equipment onboard ships and land-based facilities; a $158.9 million Total Small Business definitive contract also with NAVSEA for installation, modification, and upgrade of various ship combat systems (awarded February 2023, running through January 2028); a $3.6 million Total Small Business definitive contract with NAVSEA for ship installation services supporting integration of AN/SLQ-32(V)6 Electronic Warfare System and MK-53 Decoy Launching System aboard an aircraft carrier (awarded September 2023, completion April 2026); and a $36.7 million Total Small Business definitive contract with the Coast Guard for labor, materials, and travel in support of electro-optic and counter-unmanned systems installations on Navy and Coast Guard vessels (awarded February 2022, running through February 2027).

Customer concentration is extreme and represents substantial revenue risk. Naval Sea Systems Command dominates the portfolio with 170 awards carrying $11.21 billion in combined potential value (79% of the total across all customers). Naval Information Warfare Systems Command trails with 50 awards and $2.8 billion potential value, and Naval Air Systems Command Naval Air Warfare Center follows with 53 awards worth $99.3 million. The Coast Guard and United States Fleet Forces Command (Atlantic) contribute $40.4 million and $2.2 million respectively. The top three Navy customers collectively represent 97% of recent awards and virtually all dollars.

Prism Maritime holds positions on five primary parent vehicles. SeaPort-e carries the largest task-order volume with 24 orders worth $350.9 million combined potential value, placing it as the single largest vehicle pipeline. Two indefinite delivery contracts—N0016417DJQ22 (32 task orders, $22.6 million) and N6449820D4038 (26 task orders, $16.4 million)—funnel steady work. The SPAWAR Afloat C4ISR Installations 2019 multiple-award IDIQ ($2.45 billion ceiling, Navy-wide) carries 19 task orders worth $52.3 million. A Basic Ordering Agreement N6833512G0067 supports 10 task orders valued at $14.5 million. All vehicles are NAVSEA or NAVAIR vehicles; no GSA schedules, GWACs, or civilian-agency vehicles appear in the portfolio.

Activity has grown from 13 awards per year in 2022 to 31 in 2025, indicating accelerating demand. However, 11 awards with combined potential value of $267 million reach ultimate completion within the next twenty-four months, creating material recompete risk on three of the large definitive contracts.

On SCI-reportable federal service contracts (a subset covering contracts above $150,000 and excluding goods, products, classified work, and non-federal revenue), Prism Maritime invoiced $103.9 million across FY2022–FY2024. Fiscal year 2024 showed $47.3 million across 376 FTEs, FY2023 $44.4 million across 194 FTEs, and FY2022 $12.2 million across 227 FTEs. Government-paid hourly rates on SCI-reportable prime contracts ranged from a 10th percentile of $23.66 per hour to a median of $98.19 per hour and 90th percentile of $118.98 per hour, reflecting a mix of labor and senior technician pricing. Across SCI-reportable prime contracts, subcontractors performed approximately 20 percent of total contractor hours; 33 named subcontractors were reported across the SCI footprint.

Prism Maritime operates predominantly as a prime contractor building its own delivery teams but relies on specialized subcontractors for material procurement and trade-specific support. Named recurring subcontractors include HII Fleet Support Group LLC (carrier engineering maintenance assist team work), Noblis MSD LLC (engineering, program management, and software development for Naval Surface Warfare Center Philadelphia Division), Marine Hydraulics International LLC (USS Mesa Verde and related amphibious ship modernization work), Leidos Inc. (digital-to-analog interface procurement), Life Cycle Engineering Inc. (engineering and technical support for HM&E shipboard systems), and Chugach Dynamic Solutions LLC (maintenance and modernization support). A broad secondary subcontractor base supplies electro-optic components, metal fabrication, maritime preservation services, structural modifications, and cable and connector work. The company has also subcontracted to International Flooring & Protective Coatings Inc. for maritime maintenance and protective coatings, and to Computer Conversions Corporation, Hexagon US Federal, Rocky Research, North Atlantic Industries, Rugged Systems Inc., and others for material purchases supporting Naval Surface Warfare Center programs.

Prism Maritime's recent sub-award activity shows deepening engagement with HII Fleet Support Group and Marine Hydraulics International on major carrier and amphibious assault ship modernization efforts (CVN 75, CVN 74, USS Mesa Verde), positioning the company as a systems integrator coordinating material, labor, and specialized trades across multi-year Navy recapitalization programs. All work is performed within the continental United States (Chesapeake, Virginia as primary facility) and at Navy shipyards, bases, and pierside locations. The company requires personnel to hold SECRET-level security clearances for classified shipboard systems work.