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
$5.8B
Total awards
14,550 awards
Active obligations
$645.3M
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.

FY2026 snapshot

Obligations
$209M
Awards
209
Average award
$999.9K
Change from FY2025
+556.7%

Recent awards

Search contractors

$68,916

SEAFLOOR SYSTEMS, INC.

Bureau of Reclamation

PIID
140R2026P0050
PSC
W020 - LEASE OR RENTAL OF EQUIPMENT- SHIP AND MARINE EQUIPMENT

$265,602

UNIVERSITY OF WASHINGTON

US Geological Survey

PIID
140G0326P0265
PSC
W020 - LEASE OR RENTAL OF EQUIPMENT- SHIP AND MARINE EQUIPMENT

$278,941

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

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.

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