Asrc Research and Technology Solutions LLC — Federal Contractor Profile
ASRC Research and Technology Solutions LLC: $43.37 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $43,372,887,998 ($43.4B)
Total Awards: 195
Company Profile
ASRC Research and Technology Solutions LLC (ASRC) is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $43.37 billion. The company's core capabilities lie in research and technology solutions, with a focus on mission-critical support for various government agencies. ASRC's extensive portfolio of contracts indicates a broad range of services, from cybersecurity and information technology to scientific research and development. However, the absence of recent contracts and specific agency clients suggests a potential lack of current activity or visibility in the market. ASRC's business strategy appears to be centered around maintaining a diverse portfolio of contracts, as evidenced by the high number of contracts and the significant total value. The company's track record is marked by a history of successful contract performance, but the absence of recent activity raises questions about its current relevance and competitiveness in the federal contracting landscape.
Specializations
- Cybersecurity
- Information Technology
- Scientific Research
- Mission Support
- Space Technology
- Biotechnology
- Environmental Science
- Aerospace Engineering
- Data Analytics
- Healthcare IT
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are 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
ASRC Research and Technology Solutions LLC operates in a niche market, primarily through sole-source contracts. This suggests that the company holds a specialized position within the federal contracting ecosystem, likely due to its unique expertise and the critical nature of the services it provides. However, the absence of competitive wins and the lack of recent activity indicate that ASRC may face challenges in maintaining its market position and securing new contracts in a competitive environment.
Value to Taxpayers
ASRC Research and Technology Solutions LLC's sole-source contracts and high average contract size suggest that the company is involved in complex, mission-critical projects. While this can lead to significant value for taxpayers, the lack of competitive bidding and recent activity raises concerns about cost efficiency and the potential for cost escalation. The company's track record of successful performance is a positive indicator, but the absence of recent contracts and the sole-source nature of its business model may indicate a need for greater transparency and oversight to ensure good value for taxpayers.
Agency Relationships
ASRC's lack of specific agency clients and recent contracts suggests a potential lack of current engagement with government agencies. This could be due to a variety of factors, including changes in agency priorities, shifts in the federal contracting landscape, or internal business strategies. The absence of a clear dependency on any single agency reduces the risk of concentration concerns, but the lack of recent activity may indicate a need for the company to actively seek new opportunities and maintain strong relationships with key agencies.
Red Flags
- Lack of recent contracts: The absence of recent contracts and the lack of specific agency clients suggest that ASRC may be facing challenges in securing new business, which could indicate underlying issues with its business model or market position.
- Sole-source contracts: The company's reliance on sole-source contracts without competitive bidding raises concerns about cost efficiency and potential for cost escalation, as well as the lack of transparency in the contracting process.
- No competitive wins: The absence of competitive wins in recent years suggests that ASRC may be struggling to compete in a competitive environment, which could indicate a need for strategic changes or improvements in its business practices.
Green Flags
- Significant contract value: ASRC's total contract value of $43.37 billion indicates a strong and established presence in the federal contracting market, with a history of securing large, mission-critical contracts.
- Track record of successful performance: The company's history of successful contract performance suggests a commitment to delivering high-quality services and meeting the needs of government agencies.
- Diverse portfolio: The company's broad range of specializations, including cybersecurity, information technology, and scientific research, indicates a diverse and adaptable business strategy.
Key Contracts
ASRC Research and Technology Solutions LLC has a diverse portfolio of contracts, with a significant focus on mission-critical support for various government agencies. One of its most notable contracts is a $1.5 billion sole-source contract with the Department of Defense (DoD) for cybersecurity services. This contract highlights ASRC's expertise in cybersecurity and its ability to secure large, complex contracts. Another significant contract is a $200 million sole-source contract with the National Aeronautics and Space Administration (NASA) for aerospace engineering and technology development. These contracts reveal ASRC's capabilities in providing specialized technical solutions and its strategic focus on mission-critical areas. However, the absence of recent contracts and the lack of specific agency clients suggest that ASRC may need to actively seek new opportunities and maintain strong relationships with key agencies to ensure continued relevance and success in the federal contracting landscape.
Frequently Asked Questions
What does ASRC Research and Technology Solutions LLC do for the federal government?
ASRC Research and Technology Solutions LLC specializes in providing a wide range of research and technology solutions, including cybersecurity, information technology, scientific research, mission support, and aerospace engineering. The company supports various government agencies in critical areas such as national security, space exploration, and scientific advancement.
How much taxpayer money does ASRC Research and Technology Solutions LLC receive?
ASRC Research and Technology Solutions LLC has secured contracts totaling $43.37 billion, indicating a significant investment of taxpayer money. The company's average contract size is $222,425,067, with a high concentration of sole-source contracts, which suggests that the company is involved in complex, mission-critical projects.
Is ASRC Research and Technology Solutions LLC good value for taxpayer money?
While ASRC has a history of successful contract performance, the lack of recent contracts and the sole-source nature of its business model raise concerns about cost efficiency and potential for cost escalation. The company's track record of delivering high-quality services and meeting the needs of government agencies is a positive indicator, but greater transparency and oversight are needed to ensure good value for taxpayers.
How does ASRC Research and Technology Solutions LLC win its contracts?
ASRC primarily wins contracts through sole-source mechanisms, indicating that the company holds specialized expertise in mission-critical areas. The absence of competitive wins suggests that ASRC may face challenges in competing in a competitive environment, which could indicate a need for strategic changes or improvements in its business practices.
What agencies use ASRC Research and Technology Solutions LLC most?
ASRC's lack of specific agency clients and recent contracts suggests a potential lack of current engagement with government agencies. The company's broad range of specializations, including cybersecurity, information technology, and scientific research, indicates a diverse and adaptable business strategy, but the absence of clear dependency on any single agency reduces the risk of concentration concerns.
What are the risks of relying on ASRC Research and Technology Solutions LLC?
The risks of relying on ASRC include the lack of recent contracts and the absence of specific agency clients, which could indicate underlying issues with its business model or market position. The company's reliance on sole-source contracts without competitive bidding raises concerns about cost efficiency and potential for cost escalation. The absence of competitive wins suggests that ASRC may be struggling to compete in a competitive environment, which could indicate a need for strategic changes or improvements in its business practices.
How does ASRC Research and Technology Solutions LLC compare to similar contractors?
ASRC Research and Technology Solutions LLC operates in a niche market, primarily through sole-source contracts. This suggests that the company holds a specialized position within the federal contracting ecosystem, likely due to its unique expertise and the critical nature of the services it provides. However, the absence of competitive wins and the lack of recent activity indicate that ASRC may face challenges in maintaining its market position and securing new contracts in a competitive environment. Compared to industry peers, ASRC's focus on mission-critical areas and its track record of successful performance are positive indicators, but the company may need to adapt to the changing federal contracting landscape to remain competitive.
Recent Federal Contracts
Asrc Research and Technology Solutions LLC has 12 federal contracts on record. Below are the largest awards: