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DefDex

Federal award

FAIRLEAD BOATWORKS, INC.

N3220525F1558

Contract

Obligated and Ceiling

Obligated (net)
$1,297,575.19
Ceiling (potential value, not spending)
$1,496,933.65
Current value
$1,496,933.65
Gross positive obligations
$1,496,933.65

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)
J998 · NON-NUCLEAR SHIP REPAIR (EAST)
Industry (NAICS)
336611 · SHIP BUILDING AND REPAIRING
PIID
N3220525F1558
Parent vehicle (IDV PIID)
N3220524D0014
Award type code
C
Actions
3 · Aug 12, 2025 to Nov 20, 2025
Why it is listed
gross positive obligations of $100k or more (contracts)

Open this award on USAspending →

Action History3

Award actions
DateFYModAction typeObligationCompany in company totals
Nov 20, 2025FY2026P00002B−$199,358.46
—
Sep 30, 2025FY2025P00001B$545,000.00
—
Aug 12, 2025FY20250—$951,933.65
—

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.