Government Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing Contracts
NAICS 532411 · Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
Government commercial air, rail, and water transportation equipment rental and leasing contracts totaled $374M across 804 awards from FY2024 to FY2026. Obligations were up 283.2% in FY2026 vs FY2025, and Gulfstream Aerospace Corporation received $188M, or 50% of the total.
Key figures
In FY2026, contract obligations were $253,177,001 across 285 awards with activity that year, a change of +283.2% from $66,071,276 in FY2025. From FY2024 to FY2026, obligations totaled $374,024,358 across 804 awards.
- Obligated in FY2026
- $253M
- Awards in FY2026
- 285
- Change vs FY2025
- +283.2%
- Total, FY2024 to FY2026
- $374M
Note: FY2026 ended on Sep 30, 2026. The Department of Defense publishes contract data with a 90-day delay, so FY2026 totals may still rise as late reports arrive.
Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing contract spending by year
Federal commercial air, rail, and water transportation equipment rental and leasing contracts per fiscal year (October to September), under NAICS 532411. The table below lists the same numbers.
| Fiscal year | Obligated | Awards | Change |
|---|---|---|---|
| FY2026 | $253,177,001 | 285 | +283.2% |
| FY2025 | $66,071,276 | 300 | +20.6% |
| FY2024 | $54,776,081 | 393 | n/a |
About government commercial air, rail, and water transportation equipment rental and leasing contracts
Federal spending on commercial air, rail, and water transportation equipment rental and leasing contracts rose 362% from FY2024 ($54.8M) to FY2026 ($253M). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
Spending is highly concentrated: the top 3 contractors account for 82% of the total. A few large firms win most of this work, so subcontracting can be the easiest way in.
The Department of Homeland Security spends the most on commercial air, rail, and water transportation equipment rental and leasing contracts (52%), followed by the Department of Defense. The states with the most of this work are District of Columbia, Mississippi and Oklahoma.
NAICS 532411 (Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing) is part of the Real Estate and Rental and Leasing sector.
Top commercial air, rail, and water transportation equipment rental and leasing government contractors
Companies ranked by contract dollars under NAICS 532411 (Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing).
| # | Contractor | Obligated | Share |
|---|---|---|---|
| 1 | Gulfstream Aerospace Corporation | $187,681,448 | 50.2% |
| 2 | Tenax Aerospace LLC | $74,785,128 | 20.0% |
| 3 | Seacube Leasing International, Inc. | $44,905,740 | 12.0% |
| 4 | Triton Container International Limited | $11,489,947 | 3.1% |
| 5 | Aery Aviation, LLC | $8,086,879 | 2.2% |
| 6 | Greenwood Group Inc | $7,981,311 | 2.1% |
| 7 | Next Generation Logistics, LLC | $5,851,006 | 1.6% |
| 8 | Fio LLC | $3,761,820 | 1.0% |
| 9 | Textainer Equipment Management (U.S.) Limited | $3,644,921 | 1.0% |
| 10 | Marquette Transportation Company, LLC | $3,052,467 | 0.8% |
Agencies buying commercial air, rail, and water transportation equipment rental and leasing services
Federal agencies ranked by contract dollars under NAICS 532411.
| # | Agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of Homeland Security | $196,331,572 | 52.5% |
| 2 | Department of Defense | $93,275,938 | 24.9% |
| 3 | Department of Agriculture | $72,239,272 | 19.3% |
| 4 | Department of the Interior | $9,124,211 | 2.4% |
| 5 | Department of Transportation | $2,833,514 | 0.8% |
| 6 | Department of Veterans Affairs | $88,000 | <0.1% |
| 7 | Department of Justice | $81,566 | <0.1% |
| 8 | Department of State | $50,285 | <0.1% |
Where commercial air, rail, and water transportation equipment rental and leasing contract work is performed
States ranked by contract dollars, using the place of performance on each award.
| # | State | Obligated | Share |
|---|---|---|---|
| 1 | District of Columbia | $195,948,241 | 52.4% |
| 2 | Mississippi | $77,659,441 | 20.8% |
| 3 | Oklahoma | $9,610,566 | 2.6% |
| 4 | Tennessee | $5,905,155 | 1.6% |
| 5 | Guam | $5,878,370 | 1.6% |
| 6 | New York | $5,691,632 | 1.5% |
| 7 | Florida | $2,978,461 | 0.8% |
| 8 | Illinois | $2,171,019 | 0.6% |
| 9 | Utah | $2,156,096 | 0.6% |
| 10 | Kentucky | $2,057,731 | 0.6% |
Recent commercial air, rail, and water transportation equipment rental and leasing contract awards
The latest commercial air, rail, and water transportation equipment rental and leasing contracts, newest first. Each award ID links to its record on USAspending.gov.
| Start date | Recipient | Agency and description | Amount | Record |
|---|---|---|---|---|
| Sep 10, 2026 | Woods Hole Oceanographic Institution | Department of the InteriorEO 14398 - THIS REQUIREMENT IS FOR SUPPORT SERVICES FOR PACIFIC COASTAL & MARINE SCIENCE CENTER. LEASE OF A REMOTELY OPERATED VEHICLE (ROV) | $162,081 | 140G0326P0264 |
| Aug 27, 2026 | Seafloor Systems, Inc. | Department of the InteriorRATIFICATION OF UNAUTHORIZED COMMITMENT FOR SEAFLOOR REMOTE BOAT RENTAL | $68,916 | 140R2026P0050 |
| Aug 24, 2026 | University of Washington | Department of the InteriorEO 14398 - THIS REQUIREMENT IS FOR SUPPORT SERVICES FOR PACIFIC COASTAL & MARINE SCIENCE CENTER. LEASE OF GLOBAL CLASS RESEARCH VESSEL TO LAUNCH ROV. | $265,602 | 140G0326P0265 |
| Aug 11, 2026 | Greenwood Group Inc | Department of the InteriorLEADPLANE ON-CALL | $334,925 | 140D0426F0943 |
| Aug 10, 2026 | Safe Boats International LLC | Department of Homeland SecuritySAFE 28 FULL CABIN BOAT AND TRAILER RENTAL SERVICES WITH SEMI ANNUAL MAINTENANCE | $96,550 | 70US0926P70092865 |
| Jul 17, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $314,750 | W51AA126FA264 |
| Jul 15, 2026 | Amelia Research & Recovery, LLC | Department of DefenseTAMPA HARBOR LIFTBOAT CHARTER SERVICES THIS SOLICITATION IS FOR COMMERCIAL SERVICES IN ACCORDANCE WITH THE FORMAT IN RFO PART 12 AS SUPPLEMENTED WITH ADDITIONAL INFORMATION IN THIS SOLICITATION. QUOTE | $2,656,535 | W912HN26CA026 |
| Jul 15, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $1,320 | W51AA126FA259 |
| Jul 14, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $1,670 | W51AA126FA261 |
| Jul 10, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $1,558 | W51AA126FA257 |
| Jul 10, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $297,500 | W51AA126FA255 |
| Jul 9, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $1,781 | W51AA126FA256 |
| Jul 8, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $541,125 | W51AA126FA252 |
| Jun 30, 2026 | Seacube Leasing International, Inc. | Department of DefenseLEASING AND TRANSPORTATION SERVICES | $2,585 | W51AA126FA251 |
| Jun 26, 2026 | Seacube Leasing International, Inc. | Department of DefenseLEASING AND TRANSPORTATION SERVICES | $1,879 | W51AA126FA247 |
| Jun 25, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $62,601 | W51AA126FA249 |
| Jun 25, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $55,894 | W51AA126FA248 |
| Jun 25, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $1,887 | W51AA126FA245 |
| Jun 23, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $26,209 | W51AA126FA242 |
| Jun 23, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $2,422 | W51AA126FA240 |
| Jun 23, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $9,448 | W51AA126FA239 |
| Jun 23, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $60,544 | W51AA126FA238 |
| Jun 23, 2026 | Textainer Equipment Management (U.S.) Limited | Department of DefenseCONTAINER LEASING | $2,197 | W51AA126FA237 |
| Jun 23, 2026 | National Marine Sanctuary Foundation | Department of DefenseSILENT SWARM VESSELS AND ON-WATER SUPPORT. | $152,880 | N0016426PM012 |
| Jun 22, 2026 | Seacube Leasing International, Inc. | Department of DefenseCONTAINER LEASING | $19,264 | W51AA126FA236 |
Open commercial air, rail, and water transportation equipment rental and leasing government bids
No open commercial air, rail, and water transportation equipment rental and leasing bids right now. Check the open bids page, which is updated daily from SAM.gov.
How to win government commercial air, rail, and water transportation equipment rental and leasing contracts
Federal commercial air, rail, and water transportation equipment rental and leasing contracts are posted on SAM.gov under NAICS 532411. Register your business free on SAM.gov with this code, watch for commercial air, rail, and water transportation equipment rental and leasing bids, and look for small business set-asides: many commercial air, rail, and water transportation equipment rental and leasing contracts for small business are reserved for small firms.
Explore government commercial air, rail, and water transportation equipment rental and leasing contracts by state, agency and contractor
- Department of Homeland Security contracts
- Department of Defense contracts
- Department of Agriculture contracts
- Department of the Interior contracts
- Department of Transportation contracts
- Government contracts in District of Columbia
- Government contracts in Mississippi
- Government contracts in Oklahoma
- Government contracts in Tennessee
- Government contracts in Guam
- Gulfstream Aerospace government contracts
Frequently asked questions
- What NAICS code is used for government commercial air, rail, and water transportation equipment rental and leasing contracts?
- Federal commercial air, rail, and water transportation equipment rental and leasing contracts use NAICS 532411 (Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing). List this code in your free SAM.gov registration to be found for these contracts.
- Who are the largest commercial air, rail, and water transportation equipment rental and leasing government contractors?
- By contract dollars under NAICS 532411 from FY2024 to FY2026, the largest were Gulfstream Aerospace Corporation ($188M), Tenax Aerospace LLC ($74.8M) and Seacube Leasing International, Inc. ($44.9M).
- Which agencies buy the most commercial air, rail, and water transportation equipment rental and leasing?
- From FY2024 to FY2026, the biggest buyers were the Department of Homeland Security ($196M), the Department of Defense ($93.3M) and the Department of Agriculture ($72.2M).
- Where are government commercial air, rail, and water transportation equipment rental and leasing contracts performed?
- By contract dollars, the most federal commercial air, rail, and water transportation equipment rental and leasing work is performed in District of Columbia ($196M), Mississippi ($77.7M) and Oklahoma ($9.6M).
- Is federal spending on commercial air, rail, and water transportation equipment rental and leasing contracts growing?
- Federal commercial air, rail, and water transportation equipment rental and leasing contract obligations rose 362% from FY2024 ($54.8M) to FY2026 ($253M). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
- Do I qualify as a small business for commercial air, rail, and water transportation equipment rental and leasing contracts?
- It depends on the SBA size standard for NAICS 532411, which is set either by average annual revenue or by number of employees. Check the current table of size standards on sba.gov before you bid on small business set-asides.
- What do I need to bid on government commercial air, rail, and water transportation equipment rental and leasing contracts?
- An active SAM.gov registration (free) with NAICS 532411 listed, the licenses and insurance your state requires for commercial air, rail, and water transportation equipment rental and leasing work, and examples of similar past work. Some solicitations also ask for specific certifications or security clearances.