5.1.10.1Vertical

Auxiliary & Support Vessel Construction

Shipyards building logistics, replenishment, amphibious, and support ships for naval fleets.

Market snapshot

These figures describe Naval Systems & Shipbuilding (5.1.10), the segment that Auxiliary & Support Vessel Construction sits within — not Auxiliary & Support Vessel Construction on its own.

Market size
~$30B
Growth
~3.7%CAGR (2017–22, nominal)
Companies
~490
FragmentationConsolidatedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 336611 (Ship Building & Repairing).

Business model & economics

Revenue model

Naval shipbuilding and sustainment contracts

Key economics

Recurring revenue
High

long-cycle programs and sustainment

EBITDA margin
Program-margin-driven
Capex intensity
High

Characteristics

  • Consolidated around Huntington Ingalls and General Dynamics.
  • Naval buildup (submarines, surface combatants, AUKUS).
  • Capacity-expansion and workforce challenges.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMontanaNew HampshireNew YorkOhioOregonTennesseeUtahWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandMaineConnecticutMississippiVirginia

Naval shipbuilding concentrates at the major yards — Mississippi (Ingalls), Maine (Bath Iron Works), Virginia (Newport News), and Connecticut (Electric Boat).

MississippiMaineVirginiaConnecticut

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 336611. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Shipbuilding primes
  • Naval-systems & combat-systems strategics
  • Supply-chain consolidators

What’s driving deals

  • Naval-buildup and submarine-program demand.
  • Sustainment and overhaul work.
  • Supply-chain and capacity investment.

Find Auxiliary & Support Vessel Construction acquisition targets

Search Acquisera’s index for companies classified under Auxiliary & Support Vessel Construction (5.1.10.1) and build a targeted deal pipeline.

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