Walashek Industrial and Marine

What Walashek Industrial and Marine does

Walashek Industrial & Marine, Inc. is a privately held U.S. marine and industrial repair services company founded in 1986 and headquartered in Norfolk, Virginia. The company provides repair, maintenance, and installation services for marine vessels (including Navy LCACs, shipboard boilers, propulsion diesels, and structural fabrication), stationary boilers and pressure vessels at industrial power plants and government installations, and specialized ASME-coded boiler repair. It operates from seven regional offices on the U.S. East and West coasts and provides 24/7 worldwide mobilization for emergency and scheduled work.

The company's technical foundation rests on an ISO 9001:2015-compliant quality management system approved by NAVSEA, 160+ welding procedures accepted by ABS, MARMC, SERMC, and SWRMC, ABS- and NAVSEA-certified welders, ASNT-qualified NDT inspectors, an ASME R Stamp from the National Board, and DNV GL and Lloyd's of London capability. These credentials, combined with reverse-engineering capability for obsolete marine systems, allow the company to act as a prime contractor on complex Navy and commercial repair, dry-docking, and service-life-extension projects.

Walashek generates revenue through project-based and multi-year contract work, primarily with the U.S. Navy, commercial marine operators, and government/industrial customers such as hospitals, schools, and power plants. Pricing is not publicly disclosed; a single recent Navy contract modification was valued at $9.4 million for LCAC service life extension. Go-to-market is direct and sales-led, with regional managers handling customer relationships and the company mobilizing its own workforce plus qualified subcontractors to customer sites globally.

Name

Walashek Industrial and Marine

Legal name

Walashek Industrial & Marine, Inc.

Website

https://walashek.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Walashek Industrial & Marine is a Norfolk, Virginia-based marine and industrial repair services company founded in 1986, providing certified boiler, pressure vessel, and ship repair services to the U.S. Navy, commercial marine operators, and government and industrial customers from seven U.S. coastal offices.

Ownership category

akta.pro rank

Product category

Marine and Industrial Repair Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

akta.pro secondary industries

Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH), Piping, Valves & Pumps (Deck/Service Systems Components) (IMAJAIAI)

Keywords

• Marine vessel repair
• Industrial boiler services
• Pressure vessel maintenance
• Naval ship alteration
• Heavy industrial fabrication

Headquarters

HQ city

Norfolk

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Marine and Industrial Repair Services: Walashek generates revenue through providing specialized repair, maintenance, and installation services for marine vessels, boilers, pressure vessels, and industrial equipment. Revenue is contract/project-based, with recent government contract modifications totaling $9.4 million for LCAC service life extension work.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Walashek Industrial and Marine provides marine vessel repair and alteration, industrial boiler repair, and pressure vessel maintenance and fabrication services from a Norfolk, Virginia headquarters and seven U.S. coastal offices. The company operates 24/7 worldwide mobilization teams and delivers both scheduled and emergency repair work for commercial marine operators, industrial plants, and U.S. Navy vessels. Services are anchored by multi-certification credentials covering ISO 9001:2015 quality, NAVSEA ABR naval alterations, ASME R Stamp pressure vessel work, and ABS / DNV GL marine classification approvals.

Product overview

Walashek Industrial & Marine, Inc. is a major provider of marine and industrial boiler services founded in 1986. The company offers three interconnected core service lines: Marine Services (ship repair, LCAC service, boiler repair for vessels), Boiler Repair (specialized in main and auxiliary boiler overhaul, welding services), and Industrial Repair (stationary boiler and pressure vessel services for power plants, hospitals, schools, and government installations). The company also performs structural fabrication, pump and valve repairs, pipe fabrication, hydraulic services, and condenser work. These services are unified under the company's quality management system compliant with ISO 9001:2015 and NAVSEA standards, supported by 160+ welding procedures and certifications including ASME R Stamp, ABS, NAVSEA, and USCG approvals.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Vessel Repair and Alteration Repair and alteration services for marine vessels, including NAVSEA-authorized work on U.S. Navy ships such as the LCAC program, executed for naval and commercial fleet customers.
• Industrial Boiler Repair Industrial boiler inspection, repair, and maintenance services for power, refining, chemical, and heavy manufacturing plant operators.
• Pressure Vessel Maintenance and Fabrication ASME R Stamp-certified pressure vessel repair, alteration, and fabrication services for industrial plants and marine operators.
• 24/7 Worldwide Mobilization and Emergency Response Round-the-clock worldwide mobilization service delivering field repair crews and equipment to vessels and industrial sites on short notice.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• American Society of Mechanical Engineers (ASME)coreOthersASME membership and certification partner. Walashek maintains ASME certifications and qualifications for pressure vessel work. Company utilizes ASME Section IX standards for welding qualifications and holds ASME 'R' Stamp certification.
• American Bureau of Shipping (ABS)coreOthersABS certified specialist. Walashek holds ABS certification for welding procedures and welder qualifications. ABS approved welding procedures are part of the company's 160+ approved procedures.
• Naval Sea Systems Command (NAVSEA)coreOthersNAVSEA approved partner with Agreement for Boat Repair (ABR). The company operates under an approved NAVSEA quality management system compliant with ISO 9001:2015 standards.
• Virginia Ship Repair Association (VSRA)minorOthersIndustry association membership providing training, networking, and professional development opportunities for ship repair companies in the Virginia region.
• American Welding Society (AWS)minorOthersAWS membership supporting welder certification and industry standards alignment for welding procedures and qualifications.
• Port of San Diego Ship Repair AssociationminorChannel Partner/ Reseller/ DistributorIndustry association membership in the San Diego ship repair community, providing access to regional partnerships and collaborative opportunities.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• East Coast Repair & Fabrication: East Coast Repair & Fabrication (ECRF) is a Newport News, VA shipyard providing welding, fabrication, and marine repair services to Navy and commercial customers. It is comparable to Walashek in service mix, customer base, and mid-Atlantic coastal footprint.
• Vigor Industrial: Vigor Industrial is a major U.S. ship repair, conversion, and fabrication company with yards in the Pacific Northwest and Alaska. It is a direct peer to Walashek in marine repair, welding, and fabrication services for both Navy and commercial customers, and shares a similar mix of certifications and class-society approvals.
• Marine Hydraulics International: Marine Hydraulics International is a Norfolk-area ship repair and marine industrial services provider focused on Navy and commercial work. It competes head-to-head with Walashek on hydraulic, mechanical, and structural repair services for in-service vessels.
• Bollinger Shipyards: Bollinger Shipyards is a Louisiana-based shipbuilder and repair company serving the U.S. Coast Guard, Navy, and commercial marine markets. It is comparable to Walashek as a mid-sized Gulf Coast shipyard with similar Navy/government contract exposure and welding/repair capabilities.
• AMSEC (HII subsidiary): AMSEC is a subsidiary of Huntington Ingalls Industries providing Navy ship maintenance, modernization, and technical services. It directly competes with Walashek for Navy repair and modernization task orders across similar vessel classes.
• Colonna's Shipyard: Colonna's Shipyard is a Norfolk, VA-based ship repair and marine industrial services company serving Navy, government, and commercial customers. As a fellow Norfolk-headquartered, mid-sized marine repair firm, it is one of the closest direct competitors to Walashek in size, customer base, and service scope.

Broad incumbents

• General Dynamics NASSCO: General Dynamics NASSCO operates major West Coast shipyards performing Navy ship repair, new construction, and auxiliary services. It overlaps Walashek's San Diego-area work and represents a much larger incumbent competitor for Navy MRO contracts.
• BAE Systems Ship Repair: BAE Systems Ship Repair operates multiple East Coast and Gulf Coast shipyards providing Navy and commercial vessel maintenance, modernization, and repair. It is a broader incumbent competing for the same Navy contracts Walashek serves, but at materially larger scale and yard capacity.
• Huntington Ingalls Industries (HII): Huntington Ingalls Industries is the largest U.S. military shipbuilder and a major Navy ship repair prime via its Ingalls Shipbuilding and HII Technical Solutions divisions. It sits above Walashek in the supply chain as a prime contractor on many of the same Navy programs.

Regional players

• Trinity Marine Products: Trinity Marine Products is a U.S. marine services and fabrication provider focused on inland barge and marine construction work. While it overlaps Walashek in welding and fabrication capabilities, its barge-focused product mix makes it a regional/adjacent peer rather than a direct ship repair competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/walashek

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Walashek Industrial and Marine