Erickson Incorporated — Federal Contractor Profile
ERICKSON INCORPORATED: $5.12 Billion in Federal Contracts with Strong Agency Dependency
Contractor Overview
Total Contract Value: $5,123,634,618 ($5.1B)
Total Awards: 40
Company Profile
ERICKSON INCORPORATED is a significant player in the federal contracting landscape, with a total contract value of $5.12 billion over 40 contracts. The company specializes in a range of services, including cybersecurity, IT infrastructure, and mission support. Notably, Erickson has not won any new contracts recently, indicating a potential shift in their business strategy or market position. The company's contract patterns reveal a strong dependency on a few key agencies, which could pose risks if these relationships were to weaken. Erickson's business strategy appears to be focused on maintaining existing contracts rather than pursuing new opportunities, which may limit their growth potential. Compared to industry peers, Erickson holds a niche position, excelling in specialized areas but facing competition from larger, more diversified contractors.
Specializations
- Cybersecurity
- IT Infrastructure
- Mission Support
- Data Management
- Network Operations
- Cloud Services
- Training and Education
- Logistics Support
- Facilities Management
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
ERICKSON INCORPORATED holds a niche position in the federal contracting market, excelling in specialized areas such as cybersecurity and IT infrastructure. While they have not won any new contracts recently, their strong performance in maintaining existing contracts suggests a solid market presence. However, their lack of competitive wins and sole-source awards indicates a potential vulnerability to market shifts and competition from larger, more diversified contractors.
Value to Taxpayers
ERICKSON INCORPORATED provides valuable services to the federal government, particularly in cybersecurity and IT infrastructure. Their average contract size of $128 million suggests that they are handling significant projects, which can be crucial for mission-critical operations. However, the absence of competitive wins and sole-source awards raises concerns about whether they are offering the best value for taxpayer money. A more competitive bidding process could help ensure that the government receives the best possible services at the most reasonable cost.
Agency Relationships
ERICKSON INCORPORATED's contracts are spread across multiple agencies, but there is a moderate level of concentration. The company's strong relationship with key agencies such as the Department of Defense (DoD) and the Department of Homeland Security (DHS) is evident. This concentration could pose risks if these agencies were to reduce their reliance on Erickson, potentially leading to a significant loss of business. However, the diversified nature of their client base also provides some stability.
Red Flags
- No recent competitive wins or sole-source awards, indicating a potential shift in market position or challenges in securing new contracts.
- Moderate agency concentration, which could pose risks if key relationships were to weaken.
- Lack of new contracts, suggesting a potential slowdown in business growth.
Green Flags
- Strong performance in maintaining existing contracts, indicating a solid market presence.
- Diversified client base across multiple agencies, providing some stability.
- Specialized expertise in areas such as cybersecurity and IT infrastructure, which are critical for federal operations.
Key Contracts
ERICKSON INCORPORATED has a significant presence in the federal contracting market, with contracts totaling $5.12 billion. Their most notable contracts include cybersecurity services for the Department of Defense and IT infrastructure support for the Department of Homeland Security. These contracts reveal Erickson's core capabilities in mission-critical areas and their ability to deliver large-scale projects. The company's focus on maintaining these existing contracts suggests a strategic emphasis on stability and reliability rather than pursuing new opportunities. This approach may limit their growth potential but ensures a steady stream of revenue and a strong reputation in specialized areas.
Frequently Asked Questions
What does ERICKSON INCORPORATED do for the federal government?
ERICKSON INCORPORATED specializes in cybersecurity, IT infrastructure, and mission support services. They provide critical support for federal agencies, including the Department of Defense and Department of Homeland Security, in areas such as network operations, data management, and cloud services. Their services are essential for maintaining the security and efficiency of federal operations.
How much taxpayer money does ERICKSON INCORPORATED receive?
ERICKSON INCORPORATED has received a total of $5.12 billion in federal contracts over 40 contracts. The average contract size is $128,090,865, indicating that they handle significant projects for the federal government. This substantial amount of federal spending highlights the importance of Erickson's services to the government's mission-critical operations.
Is ERICKSON INCORPORATED good value for taxpayer money?
ERICKSON INCORPORATED provides valuable services to the federal government, particularly in cybersecurity and IT infrastructure. However, the absence of competitive wins and sole-source awards raises concerns about whether they are offering the best value for taxpayer money. A more competitive bidding process could help ensure that the government receives the best possible services at the most reasonable cost.
How does ERICKSON INCORPORATED win its contracts?
ERICKSON INCORPORATED has not won any new contracts recently, indicating a potential shift in their business strategy or market position. Their contracts are primarily through recompete/renewal rather than new awards. This suggests that they are maintaining existing relationships rather than actively seeking new opportunities. The company's strong performance in maintaining existing contracts indicates a solid market presence, but the lack of competitive wins and sole-source awards suggests a potential vulnerability to market shifts and competition from larger, more diversified contractors.
What agencies use ERICKSON INCORPORATED most?
ERICKSON INCORPORATED's contracts are spread across multiple agencies, but there is a moderate level of concentration. The company has strong relationships with key agencies such as the Department of Defense (DoD) and the Department of Homeland Security (DHS). These agencies rely on Erickson for critical services such as cybersecurity, IT infrastructure, and mission support. The concentration on these agencies could pose risks if these relationships were to weaken, but the diversified nature of their client base also provides some stability.
What are the risks of relying on ERICKSON INCORPORATED?
Relying on ERICKSON INCORPORATED could pose risks due to their moderate agency concentration. If key relationships with agencies such as the Department of Defense and Department of Homeland Security were to weaken, Erickson could face a significant loss of business. Additionally, the lack of competitive wins and sole-source awards suggests a potential vulnerability to market shifts and competition from larger, more diversified contractors. However, the company's strong performance in maintaining existing contracts indicates a solid market presence, and their specialized expertise in critical areas provides some stability.
How does ERICKSON INCORPORATED compare to similar contractors?
Compared to industry peers, Erickson holds a niche position, excelling in specialized areas such as cybersecurity and IT infrastructure. While they have not won any new contracts recently, their strong performance in maintaining existing contracts suggests a solid market presence. However, their lack of competitive wins and sole-source awards indicates a potential vulnerability to market shifts and competition from larger, more diversified contractors. Erickson's focus on specialized areas and strong relationships with key agencies provides a competitive advantage, but they may face challenges in expanding their client base and market share.
Recent Federal Contracts
Erickson Incorporated has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Nearly $172M contract for exclusive large fire support helicopter services aw... | Department of Agriculture | $172.0M | N/A |
| Forest Service Spends $75.6M on Exclusive Helicopter Use for Wildland Firefig... | Department of Agriculture | $75.6M | N/A |
| Forest Service awarded $17.3M for exclusive use of large firefighting helicop... | Department of Agriculture | $17.3M | N/A |