Manufacturing for naval and marine relates to the engineering, design, fabrication and assembly of a broad range of parts, components, systems, and vessels for commercial and military application.
Supply chain opportunity for Vermont manufacturers lie especially with the Multiple Ship Multiple Order Contractors (MSMO), which build warships and naval vessels, including submarines, for the United States Navy. MSMOs include BAE Systems, General Dynamics Bath Iron Works (GD BIW), General Dynamics Electronic Boat, and Rolls-Royce Naval Marine.
Vermont is home to an advanced manufacturing base of suppliers that offer the MSMOs and U.S. Navy capabilities in key areas, such as:
- Artificial intelligence, adhesives, batteries, electrical and electronics, sensors and sensing systems, composites, metal fabrication, paint, precision machining, MRO, propulsion, pumps, valves, marine gas turbine technology and turbomachinery, sealants, and wiring, cables and connectors.
According to Visiongain, the U.S. Navy spends approximately $3.2 billion annually on corrosion related maintenance issues on U.S. Navy ships, which is an opportunity for carbon composite manufacturing, as composites offer anti-corrosive properties.
Naval and Marine Primes, Integrators & Subcontractors (for exhibitors only)
The U.S. government is the largest single purchaser of goods and services in the world, awarding approximately $500 billion in contracts every year.
The Small Business Administration’s Office of Government Contracting & Business Development works with federal agencies to award at least 23 percent of all prime government contract dollars to small businesses and help federal agencies meet specific statutory goals for small disadvantaged businesses, women-owned small businesses (WOSB), service-disabled veteran-owned small businesses (SDVOSB), and small businesses that are located in historically underutilized business zones (HUBZone).
In addition, SBA’s 8(a) Business Development Program assists eligible socially and economically disadvantaged individuals in developing and growing their businesses through one-on-one counseling, training workshops, matchmaking opportunities with federal buyers, and other management and technical guidance.