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NAICS Code· 532411

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

This U.S. industry comprises establishments primarily engaged in renting or leasing off-highway transportation equipment without operators, such as aircraft, railroad cars, steamships, or tugboats. Cross-References. Establishments primarily engaged in--Show more

NAICS 532411 – Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing encompasses the rental and leasing of specialized transportation assets used in military, logistics, and operational support missions. This includes aircraft, railcars, maritime vessels, and associated modular transport systems leased to government entities for temporary or long-term deployment.

10
Active Contracts
$209.5M
Total Obligations (12mo)
186
Awarded Contracts (12mo)
45
Contractors Awarded (12mo)
1
Median Bidders per Award
+456.2%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 532411.

AI Industry Description

NAICS 532411 – Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing encompasses the rental and leasing of specialized transportation assets used in military, logistics, and operational support missions. This includes aircraft, railcars, maritime vessels, and associated modular...

NAICS 532411 – Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing encompasses the rental and leasing of specialized transportation assets used in military, logistics, and operational support missions. This includes aircraft, railcars, maritime vessels, and associated modular transport systems leased to government entities for temporary or long-term deployment. These assets are often critical for rapid force mobility, expeditionary logistics, training simulations, and equipment transit in austere environments. The sector bridges commercial leasing infrastructure with federal operational requirements, enabling agencies to access high-value, capital-intensive transport platforms without full ownership—enhancing flexibility, reducing lifecycle costs, and accelerating mission readiness. Top contractors in this space include METREA SPECIAL AEROSPACE, ISR, INC., a specialized firm providing tailored aerospace and mobility solutions, often integrating ISR-enabled platforms into leased transport systems. The competitive landscape is dominated by niche primes with deep expertise in defense-grade logistics, aerospace compliance, and rapid deployment capabilities, with many operating as small businesses or specialized intermediaries serving larger defense integrators. The Department of Defense is the primary procuring agency, leveraging these services for theater mobility, training fleet augmentation, and expeditionary logistics support. PSFB Flight Training Center, a key operator in military aviation readiness, drives demand for leased flight training assets and associated ground support equipment. Demand is closely tied to deployment cycles, force modernization initiatives, and the need for scalable, just-in-time transport solutions. The market is characterized by high barriers to entry due to regulatory compliance, maintenance certifications, and security clearances, but offers strong opportunity density for firms with certified, mission-ready fleets and agile leasing frameworks. Contractors with expertise in FAA, DOT, and DoD transport standards, coupled with experience in temporary asset deployment across joint operational theaters, are best positioned to compete. Growth is driven by increasing reliance on modular, on-demand mobility solutions over fixed infrastructure.

Top Contractors

Companies with the highest total award value under NAICS 532411, ranked by dollars won.

Top Agencies

Federal agencies directing the most contract spending toward NAICS 532411.

Competition

How many companies historically bid on federal awards in NAICS 532411, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 6,720 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

59%

Share of reported awards with one bidder

10+ Bidder Awards

0%

Share of reported awards with 10+ bidders

Reported Awards

0

85% of 7,948 total awards

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
532411This Code
Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
Usually Single-Bid159%
6,72085% of 7,948
53241NAICS Industry
Fewer Bidders247%
23,44085% of 27,495
5324Industry Group
Commercial and Industrial Machinery and Equipment Rental and Leasing
Fewer Bidders240%
116,77891% of 128,462
532Subsector
Fewer Bidders243%
229,46590% of 254,925
53Sector
Real Estate and Rental and Leasing
Fewer Bidders232%
919,89688% of 1,044,005

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing, by shared sector, subsector, and industry group.

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532490Same Industry GroupHigh Similarity

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532111Same SubsectorMedium Similarity

Passenger Car Leasing

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532112Same SubsectorMedium Similarity

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Formal Wear and Costume Rental

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NAICS 532411 FAQ

Frequently Asked Questions

NAICS code 532411 covers Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing. This U.S. industry comprises establishments primarily engaged in renting or leasing off-highway transportation equipment without operators, such as aircraft, railroad cars, steamships, or tugboats. Cross-References. Establishments primarily engaged in--

Recently Posted in Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

NAICS: 532411
Closed
International
Multi-year Rental of an Autonomous Underwater Vehicle (AUV)
Solicitation # NRCan-5000095073-0
The Department of Natural Resources Canada, through the Geological Survey of Canada – Atlantic, is seeking to lease a deep-water autonomous underwater vehicle (AUV) system on an annual basis for up to five years, with the initial term extending to March 31, 2027. The requirement is for a HUGIN 1000 AUV system or an equivalent, including a climate-controlled 20-foot ISO container for storage and transport, technical documentation, mission planning software, and remote technical support. The system must be capable of operating at depths of at least 2,000 metres, equipped with inertial navigation, Doppler velocity log, and acoustic positioning systems, and able to carry a multibeam echosounder, sidescan sonar, and sub-bottom profiler for high-resolution seafloor mapping and marine geoscience research. The contractor must maintain the system in operationally ready condition, provide comprehensive insurance coverage for the AUV and container, and confirm readiness at the start of each lease year. The estimated value of the contract, including all options, is $800,000, excluding GST/HST. Université Laval, operating as Amundsen Science, has been pre-identified as the sole supplier capable of meeting all mandatory technical and operational requirements, justifying a limited tendering approach under multiple trade agreements including the CFTA, CETA, CPTPP, and others. This procurement invokes exceptions under these agreements citing the absence of any other capable supplier. Interested parties may submit a statement of capabilities by August 21, 2026, demonstrating how they meet the specified minimum essential requirements. If a qualified alternative proposal is received, a competitive evaluation will be triggered. Ownership of any resulting foreground intellectual property will remain with Canada, given the public dissemination purpose of the research. Inquiries and submissions must be directed to Alexandre Rheault at Natural Resources Canada. A duplicate posting was issued as an error and should be disregarded; the active solicitation is under NRCan-5000095073.
Department of Natural Resources (NRCan)

POSTED

19 days ago

CLOSED

4 days ago
View Details

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