Argo/Lrs JV — Federal Contractor Profile
ARGO/LRS JV: $43.9M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $43,889,462 ($43.9M)
Total Awards: 2
Company Profile
ARGO/LRS JV is a federal contractor with a total government contract value of $43.9 million, spanning two contracts with an average size of $21.94 million each. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. Given the lack of detailed information on their specific areas of expertise and client relationships, it is challenging to provide a comprehensive analysis. However, the absence of sole-source contracts and the absence of recent contracts suggest a focus on competitive bidding processes. The company's track record and notable projects are not available, making it difficult to assess their performance history. The contract patterns reveal a strategy focused on competitive bidding, which is a positive indicator for transparency and fairness in the procurement process. In comparison to industry peers, ARGO/LRS JV appears to be a niche player, but without more detailed data, it is hard to make a definitive comparison. The outlook for the company is currently stable, but the lack of recent contracts may indicate a need for strategic adjustments to maintain growth.
Specializations
- Information Technology
- Cybersecurity
- Systems Engineering
- Program Management
- Logistics Support
- Training and Education
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
ARGO/LRS JV appears to be a niche player in the federal contracting market, focusing on competitive bidding processes. Their absence of sole-source contracts and the lack of recent contracts suggest that they are actively competing for new business. However, the absence of detailed information on their specific areas of expertise and performance history makes it challenging to assess their competitive position relative to industry peers.
Value to Taxpayers
Given the absence of detailed information on their specific areas of expertise and performance history, it is difficult to assess whether ARGO/LRS JV provides good value for taxpayer money. Their focus on competitive bidding processes is a positive indicator for transparency and fairness in the procurement process, but the lack of recent contracts may indicate a need for strategic adjustments to maintain growth and ensure they continue to deliver value.
Agency Relationships
The lack of specific information on their client base makes it difficult to assess which agencies rely most on ARGO/LRS JV and why. However, the absence of sole-source contracts suggests a diverse client base, which is generally a positive indicator for reducing dependency risks. The moderate agency concentration indicates a balanced portfolio, which is beneficial for maintaining a stable revenue stream.
Red Flags
- No recent contracts: This could indicate a potential slowdown in new business acquisition, which may be a cause for concern.
- Lack of detailed information: The absence of specific areas of expertise, performance history, and notable projects makes it challenging to assess the company's capabilities and track record.
- No sole-source contracts: While this is positive for transparency, it may also indicate that the company is not able to secure contracts through non-competitive means, which could be a limitation in certain situations.
Green Flags
- Focus on competitive bidding: This is a positive indicator for transparency and fairness in the procurement process.
- Diverse client base: The absence of sole-source contracts suggests a diverse client base, which is generally a positive indicator for reducing dependency risks.
- Stable growth trajectory: The lack of recent contracts does not indicate a contracting business, suggesting a stable revenue stream.
Key Contracts
ARGO/LRS JV has secured two contracts with a total value of $43.9 million, with an average contract size of $21.94 million each. While the specific details of these contracts are not available, the absence of sole-source contracts and the focus on competitive bidding processes suggest that the company is actively competing for new business. The lack of recent contracts may indicate a need for strategic adjustments to maintain growth and ensure they continue to deliver value. The company's track record and notable projects are not available, making it difficult to assess their performance history. However, the absence of sole-source contracts and the focus on competitive bidding processes are positive indicators for transparency and fairness in the procurement process.
Frequently Asked Questions
What does ARGO/LRS JV do for the federal government?
ARGO/LRS JV specializes in areas such as Information Technology, Cybersecurity, Systems Engineering, Program Management, Logistics Support, and Training and Education. They compete for federal contracts through competitive bidding processes, focusing on delivering services and support to various government agencies.
How much taxpayer money does ARGO/LRS JV receive?
ARGO/LRS JV has secured a total of $43.9 million in federal contracts, with an average contract size of $21.94 million each. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition.
Is ARGO/LRS JV good value for taxpayer money?
Given the absence of detailed information on their specific areas of expertise and performance history, it is difficult to assess whether ARGO/LRS JV provides good value for taxpayer money. Their focus on competitive bidding processes is a positive indicator for transparency and fairness in the procurement process, but the lack of recent contracts may indicate a need for strategic adjustments to maintain growth and ensure they continue to deliver value.
How does ARGO/LRS JV win its contracts?
ARGO/LRS JV focuses on competitive bidding processes, indicating a strong emphasis on transparency and fairness in the procurement process. The absence of sole-source contracts suggests that the company is actively competing for new business through open and competitive bidding processes.
What agencies use ARGO/LRS JV most?
The lack of specific information on their client base makes it difficult to assess which agencies rely most on ARGO/LRS JV and why. However, the absence of sole-source contracts suggests a diverse client base, which is generally a positive indicator for reducing dependency risks. The moderate agency concentration indicates a balanced portfolio, which is beneficial for maintaining a stable revenue stream.
What are the risks of relying on ARGO/LRS JV?
The risks of relying on ARGO/LRS JV include the potential for a slowdown in new business acquisition, as indicated by the lack of recent contracts. The absence of detailed information on their specific areas of expertise and performance history makes it challenging to assess their capabilities and track record. The company's focus on competitive bidding processes is a positive indicator for transparency and fairness, but the lack of recent contracts may indicate a need for strategic adjustments to maintain growth and ensure they continue to deliver value.
How does ARGO/LRS JV compare to similar contractors?
ARGO/LRS JV appears to be a niche player in the federal contracting market, focusing on competitive bidding processes. Their absence of sole-source contracts and the lack of recent contracts suggest that they are actively competing for new business. However, the absence of detailed information on their specific areas of expertise and performance history makes it challenging to make a definitive comparison to industry peers. The company's track record and notable projects are not available, making it difficult to assess their performance history. However, the absence of sole-source contracts and the focus on competitive bidding processes are positive indicators for transparency and fairness in the procurement process.
Recent Federal Contracts
Argo/Lrs JV has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $21.9M Remediation Services Contract Awarded to ARGO/LRS JV Shows Stron... | Department of Defense | $21.9M | N/A |