Shares, Inc.

Shares, Inc., doing business as MC Graw Industries, manufactures diesel engine glow plugs and provides document destruction and material disposal services to the Department of Defense as a prime contractor on 103 awards (98% of its federal footprint) across five customer agencies. Shares is an AbilityOne non-profit agency headquartered in Shelbyville, Indiana, classified as a Community Development Corporation and Manufacturer of Goods, with a stated mission of providing employment opportunities for individuals with disabilities. The company competes without set-aside designation across all awards and is registered in SAM.gov.

Customer concentration is acute and defensive-focused. The Defense Logistics Agency Land and Maritime dominates Shares' portfolio: 81 awards valued at $14.2 million combined potential value across 95% of recent awards. The Department of the Navy Naval Sea Systems Command ranks second with nine awards ($1.8 million combined potential value) for document destruction, shredding, and material disposal services; the Department of Commerce US Census Bureau holds five awards ($2.1 million) for similar destruction services. Three additional agencies—Defense Logistics Agency (4 awards), Department of the Air Force Materiel Command Nuclear Weapons Center (1 award)—round out the customer set, which represents 95% coverage of the award portfolio.

Shares' primary capability is glow plug manufacturing for military vehicle maintenance. Representative delivery orders include a $46,351 order from DLA Land and Maritime on March 26, 2026, a $40,489 order on January 22, 2026, and a $100,272 order on February 6, 2025, all firm fixed-price DLA deliveries. The company has accumulated over $1.2 million in cumulative glow plug orders from DLA since 2021, with individual contract values historically ranging from $10,000 to $205,931. Secondary capability is destruction and waste management services: a $120,400 delivery order from Naval Sea Systems Command on June 9, 2025, for pick-up and destruction of materials according to Performance Work Statement and Quality Assurance Surveillance Plan, and prior $115,200 and $107,020 destruction orders from NAVSEA in 2024 and 2023. Shares holds a single-award Indefinite Delivery Contract with NAVSEA valued at $699,875 for destruction services extending through June 30 of the contract year.

Shares sits on five parent IDIQs: Indefinite Delivery Contract SPM7LX11D0163 (42 task orders, $1.5 million combined potential value), Indefinite Delivery Contract SPM75006D7801 (14 task orders, $386 thousand), Indefinite Delivery Contract N0016420D1007 (6 task orders, $609 thousand), Indefinite Delivery Contract SP075003D7822 (5 task orders, $100 thousand), and Indefinite Delivery Contract SPM7L508D7001 (2 task orders, $246 thousand). All are single-award IDCs held by DLA or NAVSEA, concentrating task-order activity against established contract vehicles rather than full-and-open competition.

Activity has remained stable across the past five years—ranging from six to eleven awards annually between 2022 and 2026—with 2024 showing a notably lower count (six awards) before rebounding to eleven in 2025. The company carries combined potential value of $23.2 million across all awards, with $9.2 million obligated to date (39% drawdown). No recompete cliff is evident within the near-term window; the source does not identify awards expiring in the next twenty-four months.

Shares' subcontractor footprint is minimal: two awards spanning contract and grant sub-awards. One sub task (dated September 16, 2025) is routed through Science Applications International Corporation for non-personal engineering, technical, logistics, configuration management, data management, and program management support services, including classified document destruction (CUI) supporting the Strategic Systems Hardware Division. A federal grant sub-award (July 17, 2025) involves transit vehicles but lacks detail on grantor agency or program. Primary work is primed directly rather than subcontracted.

Named subsidiary W A P, L.L.C. (for-profit limited liability company, Manufacturer of Goods) appears in the corporate structure but carries no attributed awards in the source and no capability signaling distinct from the parent's glow plug and destruction-services footprint.