Federal NAICS Codes

NAICS 532411: Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Explore obligations, trends, recent awards, and incumbent contractors for NAICS 532411.

NAICS 532411 federal market metrics

Total obligations
$3.4B
Total awards
6,956 awards
Active obligations
$327.5M
Size standard
$45,500,000 receipts

What this NAICS covers

NAICS 532411 covers short- or long-term rental and leasing of commercial aircraft, railroad rolling stock, water transportation vessels, and related equipment without providing transportation operations or crews.

Federal opportunities under 532411 typically involve providing leased aircraft, railcars, or vessels with lease documentation, maintenance records, acceptance criteria, delivery and return logistics, and availability reporting for government-operated or separately operated transport needs.

FY2025 snapshot

Obligations
$32.2M
Awards
202
Average award
$159.4K
Change from FY2024
-25.9%

Recent awards

Search contractors

$118,264

GREENWOOD GROUP INC

Departmental Offices

PIID
140D0426F0943
PSC
W015 - LEASE OR RENTAL OF EQUIPMENT- AIRCRAFT AND AIRFRAME STRUCTURAL COMPONENTS

$96,550

SAFE BOATS INTERNATIONAL LLC

US Secret Service

PIID
70US0926P70092865
PSC
W019 - LEASE OR RENTAL OF EQUIPMENT- SHIPS, SMALL CRAFT, PONTOONS, AND FLOATING DOCKS

$21,120

MARSHLAND EQUIPMENT RENTALS, L.L.C.

Farm Production and Conservation Business Center

PIID
12FPC126F0077
PSC
W019 - LEASE OR RENTAL OF EQUIPMENT- SHIPS, SMALL CRAFT, PONTOONS, AND FLOATING DOCKS

$9,820

ASIA PACIFIC HOTELS, INC.

Federal Emergency Management Agency

PIID
70FBR926P00000005
PSC
V115 - TRANSPORTATION/TRAVEL/RELOCATION- TRANSPORTATION: VESSEL FREIGHT

$278,190

SANSU MARINE, LLC

US Special Operations Command (Ussocom)

PIID
H9224026PE044
PSC
W019 - LEASE OR RENTAL OF EQUIPMENT- SHIPS, SMALL CRAFT, PONTOONS, AND FLOATING DOCKS

$47,213

SEACUBE LEASING INTERNATIONAL, INC.

Department of the Army

PIID
W51AA126FA173
PSC
W081 - LEASE OR RENTAL OF EQUIPMENT- CONTAINERS, PACKAGING, AND PACKING SUPPLIES

FAQ

What work fits NAICS 532411?
  • Dry lease of a multi-engine turboprop aircraft for a defined period, including airworthiness documentation, maintenance status records, and return-condition requirements.
  • Bareboat lease of a workboat or vessel where the lessee or a separate operator supplies crew, dispatch, voyage planning, and transportation operations.
  • Lease of passenger-configured helicopters or fixed-wing aircraft without pilots, including registry documentation, maintenance logs, and asset availability reporting.
  • Provision and rotation of freight railcars on a per-unit lease with a preventive maintenance plan, defect reporting procedures, and availability percentage targets.
When is NAICS 532411 a weak fit?
  • Charter, wet lease, or scheduled transportation services include pilots, vessel crew, dispatch, or paid movement by trip, mile, passenger, or ton rather than asset leasing.
  • Procurement that purchases aircraft, vessels, or railcars and transfers title to the government, which is capital acquisition rather than ongoing leasing and performance obligations.
  • Maintenance, overhaul, or depot repair contracts that service customer-owned vehicles without providing replacement or leased equipment during performance.
What solicitation language points to NAICS 532411?
  • Line items describe leased equipment by type, configuration, serial or registry identifiers, minimum availability percentages, and monthly lease rates.
  • Contract conditions require contractor-held insurance, airworthiness or vessel certificates, lease acceptance inspections, and maintenance logs as deliverables.
  • Payment structure is monthly or daily lease payments tied to availability metrics instead of per-trip, per-passenger, or per-ton-mile billing.

Put this market knowledge to work

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