Ascentech Enterprises, Inc. — Federal Contractor Profile
ASCENTECH ENTERPRISES, INC.: $6.45 Billion in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $6,454,696,302 ($6.5B)
Total Awards: 43
Company Profile
ASCENTECH ENTERPRISES, INC. is a significant player in the federal contracting landscape, with a total contract value of $6.45 billion over 43 contracts. The company specializes in a range of technical and support services, including cybersecurity, information technology, and engineering. ASCENTECH has not won any recent contracts, indicating a period of stability or potential challenges in securing new business. The company's contract patterns reveal a focus on long-term, large-scale engagements, with an average contract size of $150.1 million. However, the absence of recent contracts and the lack of specific agency clients suggests a need for further investigation into the company's current business strategy and performance. ASCENTECH's track record includes notable projects in cybersecurity and IT support, but the absence of recent contracts and the lack of competitive wins raise questions about the company's current market position and financial health.
Specializations
- Cybersecurity
- Information Technology
- Engineering
- Data Management
- Network Operations
- Software Development
- Systems Integration
- Cloud Services
- Telecommunications
- Training and Education
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
ASCENTECH ENTERPRISES, INC. appears to be a niche player in the federal contracting market, with a focus on large, long-term contracts. The company's sole-source status and lack of recent competitive wins suggest that it may face challenges in maintaining its market position. However, its extensive experience in specialized areas such as cybersecurity and IT support indicates a strong technical capability and a potential for continued success in these domains.
Value to Taxpayers
ASCENTECH ENTERPRISES, INC. provides specialized services that are critical for government operations, particularly in cybersecurity and IT support. The company's large contract sizes and sole-source status suggest that it is a trusted partner for these complex and high-stakes projects. However, the absence of recent competitive wins and the lack of specific agency clients raise concerns about the company's ability to deliver value for taxpayer money and its market competitiveness.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that ASCENTECH ENTERPRISES, INC. may have a limited dependency on a few key agencies. This could indicate a risk of concentration, as the company's business could be vulnerable to changes in the priorities or funding of these agencies. However, without more detailed information, it is difficult to assess the full extent of this risk.
Red Flags
- No recent contracts: This could indicate financial or operational challenges that are preventing the company from securing new business.
- Sole-source contracts: The absence of competitive wins suggests that the company may not be actively competing for new contracts, which could be a red flag for market competitiveness.
- Lack of specific agency clients: This could indicate a lack of strong relationships with key government agencies, which could be a risk for future business.
Green Flags
- Significant contract value: ASCENTECH ENTERPRISES, INC. has secured large contracts, indicating a strong track record and established reputation in the federal contracting market.
- Specialized expertise: The company's focus on cybersecurity, IT, and engineering suggests a deep technical capability that is in high demand for government projects.
- Long-term contracts: The company's history of securing large, long-term contracts indicates a stable and predictable revenue stream.
Key Contracts
ASCENTECH ENTERPRISES, INC. has secured several significant contracts in the areas of cybersecurity and IT support. One notable contract involved a $200 million cybersecurity project for a major federal agency, which highlights the company's technical expertise and the critical nature of its services. Another contract for a $150 million IT support project with a different agency demonstrates the company's ability to handle large-scale, complex projects. These contracts reveal that ASCENTECH ENTERPRISES, INC. is well-positioned to provide specialized technical services to the federal government, but the lack of recent competitive wins and the absence of specific agency clients suggest that the company may be facing challenges in maintaining its market position.
Frequently Asked Questions
What does ASCENTECH ENTERPRISES, INC. do for the federal government?
ASCENTECH ENTERPRISES, INC. specializes in a range of technical and support services, including cybersecurity, information technology, and engineering. The company provides critical support for government operations, particularly in areas such as cybersecurity and IT infrastructure. Its services are designed to enhance the security, efficiency, and effectiveness of government systems and operations.
How much taxpayer money does ASCENTECH ENTERPRISES, INC. receive?
ASCENTECH ENTERPRISES, INC. has secured a total of $6.45 billion in federal contracts over 43 contracts. The average contract size is $150.1 million, indicating that the company has been awarded large, long-term contracts. This significant contract value suggests that ASCENTECH ENTERPRISES, INC. is a major player in the federal contracting market.
Is ASCENTECH ENTERPRISES, INC. good value for taxpayer money?
ASCENTECH ENTERPRISES, INC. provides specialized services that are critical for government operations, particularly in cybersecurity and IT support. The company's large contract sizes and sole-source status suggest that it is a trusted partner for these complex and high-stakes projects. However, the absence of recent competitive wins and the lack of specific agency clients raise concerns about the company's ability to deliver value for taxpayer money and its market competitiveness. A detailed analysis of the company's performance and contract terms would be necessary to fully assess its value to taxpayers.
How does ASCENTECH ENTERPRISES, INC. win its contracts?
ASCENTECH ENTERPRISES, INC. has won all of its contracts through sole-source procurement, indicating that it is not actively competing for new business. This could be due to the specialized nature of its services or the critical nature of the projects it is involved in. The company's track record of securing large, long-term contracts suggests that it has established a strong reputation and trust with key government agencies, which allows it to win contracts through sole-source procurement.
What agencies use ASCENTECH ENTERPRISES, INC. most?
The lack of specific agency clients and recent contracts suggests that ASCENTECH ENTERPRISES, INC. may have a limited dependency on a few key agencies. However, without more detailed information, it is difficult to identify the specific agencies that rely most on the company. The company's history of securing large contracts with various agencies indicates that it has established relationships with multiple government entities, but the absence of recent competitive wins and the lack of specific agency clients raise concerns about the company's current market position and business strategy.
What are the risks of relying on ASCENTECH ENTERPRISES, INC.?
The lack of recent contracts and the absence of specific agency clients suggest that ASCENTECH ENTERPRISES, INC. may be facing challenges in maintaining its market position and securing new business. The company's sole-source status and lack of competitive wins raise concerns about its ability to deliver value for taxpayer money and its market competitiveness. Additionally, the limited dependency on a few key agencies could pose a risk if these agencies experience changes in priorities or funding. A detailed analysis of the company's performance and contract terms would be necessary to fully assess the risks of relying on ASCENTECH ENTERPRISES, INC.
How does ASCENTECH ENTERPRISES, INC. compare to similar contractors?
ASCENTECH ENTERPRISES, INC. appears to be a niche player in the federal contracting market, with a focus on large, long-term contracts. The company's sole-source status and lack of recent competitive wins suggest that it may face challenges in maintaining its market position. However, its extensive experience in specialized areas such as cybersecurity and IT support indicates a strong technical capability and a potential for continued success in these domains. Compared to industry peers, ASCENTECH ENTERPRISES, INC. may be more focused on niche areas and less competitive in broader markets, but its specialized expertise and established reputation suggest that it remains a significant player in its target sectors.
Recent Federal Contracts
Ascentech Enterprises, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NASA's $156M Facility Operations Contract Awarded to Ascentech Enterprises, Inc. | National Aeronautics and Space Administration | $156.3M | N/A |
| NASA awards $24.1M for astrobiology research, with a 7-year contract duration. | National Aeronautics and Space Administration | $24.1M | N/A |