Navy Access The Norfolk area location next to US Navy Base Norfolk and the Naval Amphibious Base Little Creek enables rapid on site ship repairs, pier side work, and underwater service for military vessels, signaling strong ongoing maintenance demand from government and defense customers.

Acquisition Synergy The Nov 2025 announcements that Técnico Corporation acquired Lyon Shipyard assets and launched Lyon Shipyard & Fabrication, LLC create cross-sell opportunities across ship repair, modernization, and fabrication services within Técnico’s portfolio, presenting a path to pursue long-term contracts with the combined entity and its broader capabilities.

Comprehensive Repairs The yard offers a broad service mix including marine electronics repair, barge repair, pier side repairs, and vessel haul outs for underwater work on propellers, tailshafts, rudders, keel coolers and hull plating, enabling multi service maintenance programs and higher run rate with existing customers.

Logistics Advantage Strategic access to Chesapeake Bay, the inland waterway, and the Atlantic Ocean supports faster mobilization and turnarounds for regional fleets, port operators, and Navy related contractors, creating growth opportunities through recurring regional maintenance and on site repair engagements.

Market Position As a mid sized East Coast marine contractor with 51-200 employees and revenue in the 10-25 million range and a long Navy pedigree, Lyon Shipyard is well positioned to win recurring maintenance, modernization, and fabrication projects, particularly by differentiating on reliability, proximity to major bases, and specialized underwater and electronics repair capabilities against larger competitors.