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DefDex

Federal award

FAIRLEAD BOATWORKS, INC.

N3220525F0899

Contract

Obligated and Ceiling

Obligated (net)
$22,242,410.36
Ceiling (potential value, not spending)
$63,729,746.43
Current value
$27,211,590.36
Gross positive obligations
$25,042,410.36

Obligated is what the government has committed, net of de-obligations. The ceiling is the most the award or vehicle could ever reach; it is shown separately and never added to, or compared as, spending.

Award Details

Recipient
FAIRLEAD BOATWORKS, INC. · MLE8U3XRN187
Owner company
Not a reviewed companyNo reviewed company owns this recipient.
Reported parent
FAIRLEAD BOATWORKS, INC. · MLE8U3XRN187
Awarding agency
Department of War · sub-agency 1700 · office N32205
Funding agency
Department of War · sub-agency 1700
Product or service (PSC)
M2BZ
Industry (NAICS)
336611 · SHIP BUILDING AND REPAIRING
PIID
N3220525F0899
Parent vehicle (IDV PIID)
N3220525D4049
Award type code
C
Actions
7 · Jun 5, 2025 to May 18, 2026
Why it is listed
gross positive obligations of $100k or more (contracts)

Open this award on USAspending →

Action History7

Award actions
DateFYModAction typeObligationCompany in company totals
May 18, 2026FY2026P00006G$10,987,038.69
—
Feb 25, 2026FY2026P00005C−$2,800,000.00
—
Dec 19, 2025FY2026P00004B$0.00
—
Sep 30, 2025FY2025P00003B$9,834,640.96
—
Sep 10, 2025FY2025P00002B$97,376.66
—
Jun 24, 2025FY2025P00001B$0.00
—
Jun 5, 2025FY20250—$4,123,354.05
—

Newest first. Every obligation is shown as reported, including zero and negative (de-obligation) actions. Award lists belong to the company of the latest action; company totals credit each action to the company named on that row, so a note marks rows where the two differ.