Silver Ships, Inc.

Silver Ships, Inc., doing business as Ambar Marine Inc., manufactures specialized aluminum watercraft for federal defense, civilian, and homeland security agencies, operating exclusively as a prime contractor with a combined potential value across 208 awards of $517.1 million. The company is a small business manufacturer headquartered in Theodore, Alabama, competing predominantly under total small business set-aside designations; set-aside posture varies by customer and vehicle, with NAVSEA awards frequently lacking set-aside designation while multiple GSA Schedule and some Coast Guard awards carry total small business set-asides.

Silver Ships' federal work concentrates in Naval Special Warfare Small Craft (NSW SSC) design and construction for NAVSEA, delivering 8-meter and 11-meter open center console configurations in standard Navy, Coast Guard Special Purpose Law Enforcement, and assault amphibian variants. The company holds a single-award indefinite delivery contract with NAVSEA valued at $63.3 million (awarded September 2021, running through October 2026) for design and construction of NSW SSC variants; under this vehicle, it has received eight delivery orders totaling approximately $55.7 million, including a $18.8 million order for 11-meter NSW SSC Open Center Console boats with Coast Guard Law Enforcement variant specs (awarded September 2023, completing September 2027), a $7.5 million order for an 11-meter NSW SSC with U.S. Coast Guard variant (awarded September 2025, completing October 2028), and a $4.1 million order for ten boats with professional development, initial training, and crew familiarization (awarded January 2026, completing May 2028). Beyond NAVSEA, Silver Ships delivers hydrographic survey vessels, patrol boats, and support craft to the Army Corps of Engineers (a $816 thousand catamaran hydrographic survey vessel for the Corps, awarded November 2022), National Oceanic and Atmospheric Administration (a $281 thousand 7.5-meter rigid hull aluminum boat for Southeast Fisheries Science Center, awarded September 2023, and a $333 thousand 26-foot coastal operations vessel, awarded August 2023), the U.S. Army (a $688 thousand all-welded aluminum V-hull patrol vessel for the 86th Engineer Detachment, awarded September 2025), and the National Park Service (a $217 thousand patrol boat for Lake Mead National Recreation Area, awarded September 2023).

NAVSEA dominates customer concentration, accounting for 54 awards and $364.8 million (70% of combined potential value) across the portfolio. The Coast Guard, another defense customer, places 11 awards worth $84.4 million combined (16% of value). GSA Federal Acquisition Service accounts for 18 awards and $40.1 million (8% of value), primarily through a Federal Supply Schedule GS07F0034J vehicle carrying 91 task orders worth $45.6 million combined. Civilian agencies including NOAA, National Park Service, U.S. Army Corps of Engineers, and U.S. Special Operations Command round out a customer base spanning 37 distinct agencies but concentrated heavily in Navy maritime platforms.

Silver Ships' top parent vehicles are the Federal Supply Schedule GS07F0034J (91 task orders, $45.6 million), the broader Multiple Award Schedule (14 task orders, $78.1 million), and the NAVSEA single-award indefinite delivery contract N0002421D2205 (8 task orders, $55.7 million). The company also operates under a High Speed Maneuverable Surface Target vehicle carrying 6 orders worth $33.8 million, delivering target vessels for Navy and Air Force training. Primary NAICS framing is Boat Building (165 awards) and Ship Building and Repairing (29 awards); PSC coding reflects Small Craft dominance (124 awards).

Activity has declined from a peak of 8 awards in 2023 to 2 in 2026 year-to-date (as of April 2026), though this reflects only the most recent snapshot. Eight awards with ultimate completion dates in the next twenty-four months carry combined potential value of $36.2 million and face recompete: the NAVSEA single-award contract's completion (October 2026) is the largest recompete cliff, though that vehicle's anticipated renewal signals continued NAVSEA positioning. Silver Ships has obligated $266.4 million against $517.1 million combined potential value (52% obligation rate), indicating ongoing performance against multi-year delivery orders typical of naval construction contracting.