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

Top USDA commercial air, rail, and water transportation equipment rental and leasing contractors

In the 12 months ending Oct 5, 2026, the Department of Agriculture obligated $37.8M in net prime contract dollars under NAICS 532411, up 8.8% from $34.7M in the preceding 12 months. 3 prime contractors received positive obligations, and 1 of them accounted for 80% of that spend.

Prime contracts funded by the Department of Agriculture. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.

Net obligations, latest 12 months
$37.8M
up 8.8% vs. $34.7M
Prime contractors
3
With positive obligations
Top 8 primes’ share
100.0%
Of positive obligations
Awards with activity
21
29 in the prior 12 months

Obligations by fiscal year

Net prime contract obligations by federal fiscal year (October to September).

FY2022
$600K
FY2023
$30.5M
FY2024
−$235K
FY2025
$34.7M
FY2026
$37.8M

Top USDA contractors for NAICS 532411

Ranked by positive obligations in the latest 12 months. Share is of all positive obligations in this market.

Top contractors, USDA NAICS 532411
#ContractorLatest 12 moPrior 12 moShareRank change
1Tenax Aerospace LLC$37.8M$34.7M100.0%—
2Bayou Boat Rentals Inc$11K−$67K0.0%New
3Marshland Equipment Rentals, L.L.C.$7K$68K0.0%▼ 1

What changed in the last 12 months

Contractors with the largest change in reported obligations versus the preceding 12 months.

Largest gains

  • Tenax Aerospace LLC
    $34.7M → $37.8M (+$3.0M) · now #1
  • Bayou Boat Rentals Inc
    −$67K → $11K (+$78K) · now #2
  • Pathmaker Airboats Inc
    −$38K → $0 (+$38K) · no latest-period obligations

Largest declines

  • Marshland Equipment Rentals, L.L.C.
    $68K → $7K (−$61K) · now #3

Where the money comes from

Funding sub-agencies within the Department of Agriculture, latest 12 months. The funding organization can differ from the office that runs the requirement.

Funding sub-agencies
Funding sub-agencyLatest 12 moPrior 12 moChange
Forest Service$37.8M$34.7MUp $3.0M (8.7%)
Natural Resources Conservation Service$18K−$37KUp $55K (148.9%)

Common questions

Who are the top USDA contractors for NAICS 532411?

In the latest 12 months, Tenax Aerospace LLC ($37.8M), Bayou Boat Rentals Inc ($11K), Marshland Equipment Rentals, L.L.C. ($7K) received the most USDA obligations for commercial air, rail, and water transportation equipment rental and leasing.

How concentrated is this market?

The eight largest primes held 100.0% of positive obligations, and Tenax Aerospace LLC alone held 100.0%. 0 contractors won their first obligations in this market during the latest 12 months.

Related markets

Figures are net obligations on prime contracts (award types A–D) from USAspending.gov, grouped by funding agency and the NAICS code on each award. Net obligations include deobligations and corrections, so they can differ from positive-obligation totals. See methodology.

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