Silver Ships, Inc.

Silver Ships, Inc., doing business as Ambar Marine Inc., designs and manufactures specialized aluminum watercraft for federal defense and civilian agencies as a small business prime contractor, with 213 prime federal awards totaling $532.3 million in combined potential value and $270.9 million obligated, operating exclusively under non-sub relationships across 38 customer agencies.

Silver Ships is a small business prime contractor headquartered in Theodore, Alabama. The company operates as a for-profit corporate entity and competes across both total small business set-asides and full-and-open competitions, though total small business designations recur across a significant share of the portfolio. The firm specializes in aluminum boat construction and marine vessel repair, with primary NAICS concentration in Boat Building (165 awards) and Ship Building and Repairing (33 awards), and primary PSC coding in Small Craft (128 awards) and miscellaneous ship and marine equipment.

Customer concentration anchors overwhelmingly to Naval Sea Systems Command (NAVSEA), which represents 54 awards and $364.8 million in combined potential value — 68% of the total portfolio dollars — reflecting Silver Ships' established role as a primary source for 8-meter and 11-meter Naval Special Warfare Small Craft (NSW SSC) variants and related tactical watercraft. The Department of Homeland Security's U.S. Coast Guard ranks second with 14 awards worth $99.2 million, primarily for patrol boats and law enforcement configurations. The General Services Administration, via its Multiple Award Schedule vehicle, accounts for 18 awards worth $40.1 million, serving as a transactional gateway to civilian agencies including the National Oceanic and Atmospheric Administration, Army Corps of Engineers, National Park Service, and Department of the Interior. The top five customers by potential value cover 96% of combined portfolio dollars.

Silver Ships holds position on two primary parent vehicles: the Federal Supply Schedule GS07F0034J (91 task orders, $45.6 million combined potential value) and the Multiple Award Schedule (19 task orders, $96 million combined potential value). The firm also executes against NAVSEA's indefinite delivery contracts, most significantly Indefinite Delivery Contract N0002421D2205 (8 task orders, $55.7 million combined potential value) for NSW SSC production, and carries a newer single-award Blanket Purchase Agreement with the Coast Guard (established September 28, 2026, $10.5 million ceiling) for 35-foot boats, trailers, and spare parts supporting El Salvador's Foreign Military Sales program.

Recent representative prime awards include a $48.3 million delivery order from NAVSEA (June 2023) for High-Speed Maneuverable Surface Test vessels with gas engines and foam or air collars under the Multiple Award Schedule; a $18.8 million delivery order from NAVSEA (September 2023) for 11-meter NSW SSC Open Center Console boats with U.S. Coast Guard variants; a $16.2 million sole-source definitive contract from NAVSEA (August 2022) for twenty-eight 11-meter Assault Amphibian Safety Boats under total small business set-aside; a $2.7 million delivery order from the U.S. Coast Guard (September 2026) under the Multiple Award Schedule for 35-foot boats under total small business set-aside; and a $687,705 delivery order from Army Forces Command (September 2025) for aluminum V-hull patrol vessels for the 86th Engineer Detachment (Dive) under the Multiple Award Schedule.

Activity has remained modest in recent years — seven awards in 2026 year-to-date, four in 2025, four in 2024, eight in 2023, five in 2022 — reflecting the contract-award structure of NAVSEA's large indefinite delivery contracts, which shelter substantial dollars under few delivery order vehicles. The firm faces a recompete cliff of ten awards with ultimate completion in the next twenty-four months, carrying combined potential value of $40.7 million. This concentration includes the expiring NAVSEA indefinite delivery contracts that anchor the portfolio and the FMS BPA's initial ordering period, representing material recompete exposure for the incumbent.