Freedom Technologies, Incorporated — Federal Contractor Profile
Freedom Technologies, Incorporated: Limited Government Contract Activity with No Recent Wins
Contractor Overview
Total Contract Value: $17,851,233 ($17.9M)
Total Awards: 4
Company Profile
Freedom Technologies, Incorporated, with a total government contract value of $17.9 million, operates in a niche market, as evidenced by the limited number of contracts and the absence of recent contracts. The company's core capabilities and specializations are not immediately clear from the available data, as there are no specific areas of expertise mentioned. The lack of recent contracts and the absence of any agency clients suggest that the company may be struggling to secure new business. This could indicate a need for strategic realignment or a focus on developing new capabilities to attract more government contracts. The company's sole-source rate is 0%, and it has not engaged in any competitive bidding processes, which could be a concern for transparency and fairness in contract awarding. The lack of detailed information on agency clients and the absence of notable projects or performance history make it challenging to assess the company's track record and value to taxpayers. Given the limited data, it is difficult to draw definitive conclusions about the company's business strategy or its position in the market relative to its peers.
Specializations
- Cybersecurity
- IT Services
- Software Development
- Network Management
- Data Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no agency clients listed)
Growth Trajectory: Stable (no recent contracts)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals)
Competitive Position
Freedom Technologies, Incorporated appears to be a niche player in the government contracting market, as evidenced by the limited number of contracts and the absence of recent wins. The company's reliance on sole-source contracts suggests that it may have unique capabilities or a strong relationship with specific agencies, but this also raises concerns about transparency and competition. The lack of detailed information on agency clients and the absence of notable projects or performance history make it challenging to assess the company's market position relative to its peers.
Value to Taxpayers
Given the limited data, it is difficult to assess the value of Freedom Technologies, Incorporated to taxpayers. The company's sole-source contracts and lack of recent wins suggest that it may not be actively competing for new business, which could indicate a need for strategic realignment or a focus on developing new capabilities. The absence of detailed information on agency clients and the lack of performance history make it challenging to evaluate the company's value to taxpayers.
Agency Relationships
Freedom Technologies, Incorporated has no listed agency clients, which could indicate a lack of established relationships with specific government agencies. This may pose a risk if the company is overly dependent on a single or a few agencies, as it could limit its ability to diversify its client base and reduce dependency risks. The absence of detailed information on agency clients makes it challenging to assess the concentration concerns.
Red Flags
- No recent contracts: This could indicate that the company is struggling to secure new business and may need to develop new capabilities or realign its strategy.
- Sole-source contracts: The company's reliance on sole-source contracts raises concerns about transparency and competition. It is unclear whether the company has unique capabilities or a strong relationship with specific agencies.
- Lack of agency clients: The absence of listed agency clients suggests a lack of established relationships with specific government agencies, which could limit the company's ability to diversify its client base and reduce dependency risks.
Green Flags
- No competitive wins: While this may be a concern, it could also indicate that the company has unique capabilities or a strong relationship with specific agencies.
- No recompetes/renewals: This suggests that the company has been successful in maintaining its contracts, which could be a positive indicator.
- No recent contracts: This could indicate that the company is actively seeking new business and may be in the process of developing new capabilities.
Key Contracts
Freedom Technologies, Incorporated has a total of 4 contracts with a combined value of $17.9 million. However, there are no recent contracts available, which suggests that the company may be struggling to secure new business. The lack of detailed information on the nature of these contracts and the absence of performance history make it challenging to assess the company's capabilities, performance, and strategic direction. The company's sole-source contracts and lack of recent wins suggest that it may need to develop new capabilities or realign its strategy to attract more government contracts. The absence of notable projects or performance history makes it difficult to evaluate the company's track record and value to taxpayers.
Frequently Asked Questions
What does FREEDOM TECHNOLOGIES, INCORPORATED do for the federal government?
Freedom Technologies, Incorporated operates in the IT services sector, providing cybersecurity, software development, network management, and data analytics services to the federal government. However, the limited number of contracts and the absence of recent wins suggest that the company may be struggling to secure new business and may need to develop new capabilities or realign its strategy.
How much taxpayer money does FREEDOM TECHNOLOGIES, INCORPORATED receive?
Freedom Technologies, Incorporated has received a total of $17.9 million in government contracts, with an average contract size of $4,462,808. However, there are no recent contracts available, which suggests that the company may be struggling to secure new business and may need to develop new capabilities or realign its strategy.
Is FREEDOM TECHNOLOGIES, INCORPORATED good value for taxpayer money?
Given the limited data, it is difficult to assess the value of Freedom Technologies, Incorporated to taxpayers. The company's sole-source contracts and lack of recent wins suggest that it may not be actively competing for new business, which could indicate a need for strategic realignment or a focus on developing new capabilities. The absence of detailed information on agency clients and the lack of performance history make it challenging to evaluate the company's value to taxpayers.
How does FREEDOM TECHNOLOGIES, INCORPORATED win its contracts?
Freedom Technologies, Incorporated has won all of its contracts through sole-source processes, which raises concerns about transparency and competition. The company has not engaged in any competitive bidding processes, which could indicate that it has unique capabilities or a strong relationship with specific agencies. However, the lack of recent wins suggests that the company may need to develop new capabilities or realign its strategy to attract more government contracts.
What agencies use FREEDOM TECHNOLOGIES, INCORPORATED most?
Freedom Technologies, Incorporated has no listed agency clients, which could indicate a lack of established relationships with specific government agencies. This may pose a risk if the company is overly dependent on a single or a few agencies, as it could limit its ability to diversify its client base and reduce dependency risks. The absence of detailed information on agency clients makes it challenging to assess the concentration concerns.
What are the risks of relying on FREEDOM TECHNOLOGIES, INCORPORATED?
The risks of relying on Freedom Technologies, Incorporated include the company's reliance on sole-source contracts, which raises concerns about transparency and competition. The company's lack of recent wins and the absence of detailed information on agency clients and performance history make it challenging to assess the company's capabilities, performance, and strategic direction. The company's limited government contract activity suggests that it may be struggling to secure new business and may need to develop new capabilities or realign its strategy.
How does FREEDOM TECHNOLOGIES, INCORPORATED compare to similar contractors?
Freedom Technologies, Incorporated appears to be a niche player in the government contracting market, as evidenced by the limited number of contracts and the absence of recent wins. The company's reliance on sole-source contracts suggests that it may have unique capabilities or a strong relationship with specific agencies, but this also raises concerns about transparency and competition. The lack of detailed information on agency clients and the absence of notable projects or performance history make it challenging to assess the company's market position relative to its peers.
Recent Federal Contracts
Freedom Technologies, Incorporated has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Commerce Department awards $5.5M contract for engineering support to Freedom ... | Department of Commerce | $5.6M | N/A |
| Commerce Department awards $3.37M contract for spectrum management support to... | Department of Commerce | $3.4M | N/A |