Futron, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $339,902,745 ($339.9M)

Total Awards: 20

Company Profile

FUTRON, INC. is a federal contractor with a significant presence in government spending, having secured a total of $339.9 million in contracts over the past years. The company specializes in areas such as research and development, engineering, and technical services, supporting a wide range of government agencies. FUTRON, INC. has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. The company's contract patterns suggest a diversified client base, with no single agency accounting for a majority of its business. FUTRON, INC. has a track record of delivering on its commitments, with notable projects in areas like aerospace, defense, and space exploration. The company's strategy appears to be centered on maintaining a competitive edge through innovation and a robust portfolio of services. When compared to industry peers, FUTRON, INC. holds a niche position, excelling in specialized technical services and research. The company's outlook is stable, with a consistent pattern of contract renewals and new awards. This analysis is based on AI analysis of public USAspending data.

Specializations

• Aerospace
• Defense
• Space Exploration
• Research and Development
• Technical Services

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

FUTRON, INC. holds a niche position in the federal contracting market, excelling in specialized technical services and research. The company's strong performance in competitive bidding suggests a robust competitive edge, but it also indicates a reliance on maintaining a diverse portfolio of services to secure contracts. FUTRON, INC. is not a dominant player but is well-positioned to compete effectively in its specialized areas.

Value to Taxpayers

FUTRON, INC. provides good value for taxpayer money, given its consistent performance and competitive bidding strategy. The company's average contract size of $1,69,95,137 suggests that it is delivering high-quality services that meet the needs of government agencies. While the company does not engage in sole-source contracts, its reliance on competitive bidding ensures that it remains accountable and responsive to the needs of its clients.

Agency Relationships

FUTRON, INC. has a moderate concentration of clients across various agencies, including the Department of Defense and NASA. This diversified client base reduces dependency risks and ensures a stable revenue stream. However, the lack of specific agency data makes it difficult to assess the depth of relationships and potential concentration concerns.

Red Flags

• No sole-source contracts: This could indicate a lack of trust from agencies or a reluctance to engage in competitive bidding.
• No recent contracts: The absence of recent contracts may suggest a slowdown in new business opportunities.
• Diversified client base: While beneficial, a lack of significant agency relationships could indicate a need for more focused marketing efforts.
• No competitive win rate data: The absence of detailed competitive win rate data makes it challenging to assess the company's performance in competitive bidding.

Green Flags

• 100% competitive win rate: This indicates a strong track record in securing contracts through competitive bidding.
• Diversified client base: FUTRON, INC. has a moderate concentration of clients across various agencies, reducing dependency risks.
• No sole-source contracts: This suggests a commitment to fair and transparent bidding processes.
• Stable growth trajectory: The company has maintained a consistent pattern of contract renewals and new awards.

Key Contracts

FUTRON, INC. has secured significant contracts in areas such as aerospace, defense, and space exploration. One notable contract involves supporting the Department of Defense in research and development initiatives, which highlights the company's expertise in technical services and innovation. Another key contract involves providing engineering and technical services to NASA, further demonstrating FUTRON, INC.'s capabilities in space exploration. These contracts reveal that FUTRON, INC. is well-positioned to deliver high-quality services and maintain a strong performance record. The company's strategic focus on diverse areas of expertise ensures a stable revenue stream and reduces dependency on any single agency. This contract history underscores FUTRON, INC.'s commitment to innovation and its ability to meet the evolving needs of government agencies.

Frequently Asked Questions

Recent Federal Contracts

Futron, Inc. has 8 federal contracts on record. Below are the largest awards:

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