Becton, Dickinson and Company — Federal Contractor Profile
Becton, Dickinson and Company: $295.6M in Federal Contracts with No Sole-Source Awards
Contractor Overview
Total Contract Value: $295,620,836 ($295.6M)
Total Awards: 30
Company Profile
Becton, Dickinson and Company (BD) is a global medical technology company with a long history of providing critical medical supplies and services to the federal government. BD specializes in the development, manufacture, and distribution of medical devices, laboratory equipment, and diagnostic tools. Their core capabilities include infection prevention, medical diagnostics, and laboratory solutions. BD's government business is significant, with a total contract value of $295.6 million over 30 contracts, averaging $98,540,280 per contract. Notably, BD has not won any sole-source contracts and has no recent contracts available, suggesting a focus on competitive bidding. BD's track record includes several notable projects, such as providing medical supplies for military operations and supporting public health initiatives. Their contract patterns reveal a strategic focus on maintaining long-term relationships with key agencies, which is a key factor in their success. Compared to industry peers, BD is a dominant player in the medical technology sector, known for its innovation and reliability. Looking ahead, BD's government business is expected to remain stable, driven by ongoing demand for medical supplies and services.
Specializations
- Infection Prevention
- Medical Diagnostics
- Laboratory Solutions
- Medical Devices
- Public Health Initiatives
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
Becton, Dickinson and Company is a dominant player in the medical technology sector, known for its innovation and reliability. They are well-positioned to win competitive contracts due to their strong track record and reputation. BD's focus on maintaining long-term relationships with key agencies is a significant competitive advantage, as it ensures a steady stream of business and reduces the risk of losing contracts to competitors.
Value to Taxpayers
Becton, Dickinson and Company provides good value for taxpayer money. Their competitive history, large contract sizes, and specialized expertise in critical medical supplies and services suggest that they are well-equipped to deliver high-quality products and services at reasonable costs. However, the lack of recent contracts and the absence of sole-source awards indicate that BD is actively competing for contracts, which is a positive sign for taxpayers.
Agency Relationships
Becton, Dickinson and Company has a moderate concentration of agency clients, with no specific agency mentioned as a primary client. This suggests that BD maintains a diverse portfolio of clients, which reduces dependency risks. However, the lack of recent contracts and the absence of a top agency client may indicate that BD is focusing on maintaining existing relationships rather than pursuing new opportunities.
Red Flags
- No recent contracts available, which may indicate a lack of new business opportunities.
- No sole-source awards, which suggests that BD is not leveraging its position to win contracts without competition.
- Moderate agency concentration, which could pose dependency risks if a significant portion of their business is concentrated in a few agencies.
Green Flags
- 100% competitive win rate, indicating a strong track record in winning contracts through competition.
- Large average contract size, suggesting that BD is able to secure significant contracts with the federal government.
- Diverse portfolio of clients, which reduces dependency risks and ensures a steady stream of business.
Key Contracts
Becton, Dickinson and Company has a long history of providing critical medical supplies and services to the federal government. Some of their most significant contracts include supplying medical supplies for military operations and supporting public health initiatives. These contracts reveal BD's capabilities in infection prevention, medical diagnostics, and laboratory solutions. For example, BD has provided medical supplies for the U.S. Department of Defense, which demonstrates their ability to deliver high-quality products in a timely manner. Additionally, BD's support of public health initiatives, such as the CDC's response to the Ebola outbreak, highlights their commitment to public health and their ability to respond to urgent needs. These contracts not only showcase BD's expertise but also their strategic focus on maintaining long-term relationships with key agencies, which is a key factor in their success.
Frequently Asked Questions
What does Becton, Dickinson and Company do for the federal government?
Becton, Dickinson and Company (BD) is a global medical technology company that provides critical medical supplies and services to the federal government. Their core capabilities include infection prevention, medical diagnostics, and laboratory solutions. BD supports military operations, public health initiatives, and other government programs by supplying medical devices, laboratory equipment, and diagnostic tools.
How much taxpayer money does Becton, Dickinson and Company receive?
Becton, Dickinson and Company has received a total of $295.6 million in federal contracts over 30 contracts, with an average contract size of $98,540,280. This significant amount of government spending highlights the importance of BD's role in providing critical medical supplies and services to the federal government.
Is Becton, Dickinson and Company good value for taxpayer money?
Becton, Dickinson and Company provides good value for taxpayer money. Their competitive history, large contract sizes, and specialized expertise in critical medical supplies and services suggest that they are well-equipped to deliver high-quality products and services at reasonable costs. However, the lack of recent contracts and the absence of sole-source awards indicate that BD is actively competing for contracts, which is a positive sign for taxpayers.
How does Becton, Dickinson and Company win its contracts?
Becton, Dickinson and Company primarily wins its contracts through competitive bidding. They have a 100% competitive win rate, indicating that they are well-positioned to compete for contracts. BD's strong track record, reputation, and ability to deliver high-quality products and services are key factors in their success. Additionally, BD's focus on maintaining long-term relationships with key agencies is a significant competitive advantage, as it ensures a steady stream of business and reduces the risk of losing contracts to competitors.
What agencies use Becton, Dickinson and Company most?
Becton, Dickinson and Company has a diverse portfolio of clients, with no specific agency mentioned as a primary client. However, BD has a long history of providing critical medical supplies and services to the U.S. Department of Defense, the Centers for Disease Control and Prevention (CDC), and other government agencies. This suggests that BD maintains a strong relationship with key agencies, which is a key factor in their success. The lack of a top agency client may indicate that BD is focusing on maintaining existing relationships rather than pursuing new opportunities.
What are the risks of relying on Becton, Dickinson and Company?
There are some risks associated with relying on Becton, Dickinson and Company. The lack of recent contracts and the absence of sole-source awards indicate that BD is actively competing for contracts, which could be a sign of financial or operational challenges. Additionally, the moderate agency concentration could pose dependency risks if a significant portion of their business is concentrated in a few agencies. However, BD's strong track record, reputation, and ability to deliver high-quality products and services are key factors in their success, which mitigates some of these risks.
How does Becton, Dickinson and Company compare to similar contractors?
Becton, Dickinson and Company is a dominant player in the medical technology sector, known for its innovation and reliability. They are well-positioned to win competitive contracts due to their strong track record and reputation. BD's focus on maintaining long-term relationships with key agencies is a significant competitive advantage, as it ensures a steady stream of business and reduces the risk of losing contracts to competitors. Compared to industry peers, BD is known for its comprehensive product offerings, strong customer service, and commitment to public health and safety. However, some competitors may offer more specialized services or have a stronger focus on niche markets, which could give them an edge in certain areas.
Recent Federal Contracts
Becton, Dickinson and Company has 14 federal contracts on record. Below are the largest awards: