Wepfer Marine, Inc.

Wepfer Marine, Inc., a for-profit Subchapter S corporation headquartered in Memphis, Tennessee, operates as a small business prime contractor delivering drydock repair and vessel maintenance services to the U.S. Coast Guard and the U.S. Army Corps of Engineers under total small business set-asides. The company competes exclusively within the set-aside category across its federal portfolio and executes all work from its shipyard facility in Memphis.

Wepfer Marine's capability set centers on hull repair, propulsion system overhauls, tank cleaning and preservation, underwater body treatment, and comprehensive drydock maintenance on Coast Guard cutters and barges ranging from 65-foot to 130-foot class vessels. Representative recent work includes a $738,509 firm fixed price delivery order from the Coast Guard (June 2026, ultimate completion August 18, 2026) for drydock repairs to CGC Gasconade under a total small business set-aside; a $792,032 delivery order (May 2026, ultimate completion June 26, 2026) for drydock repairs to USCGC Scioto; and a $678,870 definitive contract (March 2026, ultimate completion June 16, 2026) for hull plating inspections, propulsion maintenance, and bridge emergency power system installation on USCGC Kankakee under FAR Part 12 commercial items procedures. Earlier work spans similar vessel repair scopes valued between approximately $620,000 and $1.4 million per contract.

Customer concentration is extreme. The Department of Homeland Security Coast Guard accounts for 196 awards (88% of the total count) with $53.4 million in combined potential value (68% of total portfolio value), while the Department of the Army Corps of Engineers holds nine awards with $20 million in combined potential value (the balance split among three Corps district offices). The Coast Guard dominates both award count and dollar volume, with no material diversification outside maritime vessel repair to federal customers.

Wepfer Marine holds a $20 million Blanket Purchase Agreement with the U.S. Army Corps of Engineers (awarded May 31, 2024, extending through May 30, 2029) that authorizes dry dock repair and maintenance services for Coast Guard vessels. This BPA is not set-aside and operates as a single-award vehicle serving as the administrative framework for Coast Guard delivery orders. Recent Coast Guard awards also sit on three single-award Indefinite Delivery Contracts (70Z08526DIBCT0012, 70Z08526DIBCT0013, and related IDVs) with ceilings ranging from approximately $838,000 to $900,000. The vendor's task order activity under these vehicles has been steady; the source lists one task order per IDC across the named vehicles.

Recent activity shows modest volume: four awards in 2025, seven in 2026 (through August 22, 2026). Recompete exposure in the next twenty-four months is minimal—one award with $739,000 in potential value faces ultimate completion within that window. The vendor's primary NAICS footprint is 336611 (Ship Building and Repairing) across 125 awards, with secondary coding in petroleum products wholesaling and water transportation support reflecting occasional material or logistics work tied to vessel operations.

Service Contract Inventory data covering FY2022 through FY2024 shows SCI-reportable invoiced revenue of $10.7 million ($2.9 million in FY2022, $3.4 million in FY2023, $4.4 million in FY2024) across a growing workforce of 5.5 FTEs in FY2022 rising to 10.9 FTEs in FY2024 on SCI-reportable prime contracts. Government-paid hourly rates on federal service contracts run a median of $182.14 per hour, with senior labor pricing reaching $285.35 per hour at the 90th percentile. Wepfer Marine performs all delivery work in-house; the SCI dataset shows zero subcontractor hour share across its prime contracts. The vendor carries no awards as a subcontractor to other federal primes and therefore operates exclusively in the prime role across its entire portfolio.