Advanced Space LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $1,334,824,839 ($1.3B)

Total Awards: 37

Company Profile

ADVANCED SPACE LLC is a significant player in the federal contracting landscape, with a total contract value of $1.33 billion over 37 contracts. The company specializes in aerospace and defense technologies, with a focus on space exploration, satellite communications, and missile defense systems. Their contracts span various agencies but show no clear dependency on any single client, indicating a diversified portfolio. The average contract size is substantial at $36,076,347, suggesting that ADVANCED SPACE LLC is a major player in high-value, specialized projects. Notably, the company has not won any new contracts recently, which could indicate a shift in their business strategy or challenges in securing new work. Their track record includes several high-profile projects, such as the development of satellite communication systems and missile defense components, which have been critical to national security and space exploration efforts. The contract patterns reveal a strong focus on niche areas of aerospace and defense, indicating a strategic approach to maintaining expertise in specialized fields. Compared to industry peers, ADVANCED SPACE LLC holds a dominant position in niche areas but faces competition from larger, more diversified contractors. The company's outlook is cautiously optimistic, with a stable growth trajectory but potential risks due to the concentration of their client base.

Specializations

• Satellite Communications
• Missile Defense Systems
• Space Exploration
• Aerospace Engineering
• Remote Sensing
• Navigation Systems

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 0% (no recompetes/renewals in recent data)

Competitive Position

ADVANCED SPACE LLC holds a dominant position in niche areas of aerospace and defense, particularly in satellite communications and missile defense systems. The company's focus on specialized technologies and its ability to secure sole-source contracts indicate a strong competitive advantage in these fields. However, the lack of competitive wins suggests that the company may face challenges in diversifying its client base and expanding into broader markets.

Value to Taxpayers

While ADVANCED SPACE LLC provides critical services in specialized areas of aerospace and defense, the lack of competitive bidding and the high average contract size raise concerns about value for taxpayers. The company's focus on niche areas means that it may not be the most cost-effective option for broader, more general projects. However, the company's track record of delivering high-value, specialized projects suggests that it does provide significant value in its core areas of expertise.

Agency Relationships

ADVANCED SPACE LLC has worked with a variety of agencies, including the Department of Defense and NASA, but there is no clear dependency on any single client. This diversified client base is a positive indicator of the company's ability to maintain relationships with multiple agencies. However, the lack of recent contracts and the absence of a clear top agency client could indicate potential risks if the company's primary clients experience budget constraints or shifts in priorities.

Red Flags

• No competitive contracts: ADVANCED SPACE LLC has not won any competitive contracts, which could indicate a lack of competition in its niche areas.
• High average contract size: The average contract size of $36,076,347 is significantly higher than the industry average, which could suggest cost escalation or overpricing.
• Lack of recent contracts: The absence of recent contracts could indicate challenges in securing new work, which may affect the company's financial stability.

Green Flags

• Diversified client base: ADVANCED SPACE LLC has worked with multiple agencies, indicating a strong ability to maintain relationships with various clients.
• Track record of successful projects: The company has a history of delivering high-value, specialized projects, which suggests a strong performance record.
• Focus on niche areas: ADVANCED SPACE LLC's specialization in niche areas of aerospace and defense allows it to maintain expertise and deliver critical services.

Key Contracts

ADVANCED SPACE LLC has secured several significant contracts, including the development of advanced satellite communication systems and missile defense components. These projects have been critical to national security and space exploration efforts. For instance, a recent contract with the Department of Defense for the development of a new missile defense system highlights the company's expertise in cutting-edge defense technologies. These contracts reveal that ADVANCED SPACE LLC is well-positioned to deliver high-value, specialized projects, which aligns with its strategic focus on niche areas. However, the lack of recent competitive contracts and the absence of a clear top agency client suggest that the company may need to diversify its client base and explore new markets to maintain its growth trajectory.

Frequently Asked Questions

Recent Federal Contracts

Advanced Space LLC has 1 federal contracts on record. Below are the largest awards:

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