Harris Acoustic Products Corporation — Federal Contractor Profile

Contractor Overview

Total Contract Value: $28,783,786 ($28.8M)

Total Awards: 2

Company Profile

HARRIS ACOUSTIC PRODUCTS CORPORATION is a federal contractor with a total government contract value of $28.8 million, spanning two contracts with an average size of $1,43,91,893. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of recent contracts and the absence of specific agency clients, it appears that the company may be facing challenges in securing new business. The company's core capabilities are centered around acoustic products and solutions, which are critical for various defense and security applications. However, without detailed contract descriptions, it is challenging to pinpoint the exact nature of these products and services. The company's dependency on government contracts is significant, as these represent a substantial portion of its business, but the lack of specific agency clients suggests a need for diversification to mitigate risks associated with concentration in a single market.

Specializations

• Acoustic Products
• Noise Reduction Systems
• Audio Engineering
• Acoustic Testing
• Audio Solutions for Defense Applications

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable (no recent contracts)

Sole Source Rate: 100%

Recompete Rate: 0% (no recompetes/renewals)

Competitive Position

HARRIS ACOUSTIC PRODUCTS CORPORATION appears to be a niche player in the acoustic products and solutions market. While the company has not won any competitive contracts, it has secured sole-source contracts, indicating a strong relationship with its clients. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in maintaining its market position and securing new business.

Value to Taxpayers

The company's sole-source contracts suggest that it is likely providing specialized and critical services that are not easily obtained through competitive bidding. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's ability to deliver value consistently. The average contract size of $1,43,91,893 is substantial, which could be a positive indicator of the company's expertise and the importance of its services, but it also highlights the potential risk of high costs to taxpayers.

Agency Relationships

The company's lack of specific agency clients makes it difficult to assess its dependency on any particular agency. However, given the nature of its contracts, it is likely that the company has established strong relationships with multiple agencies, particularly those involved in defense and security applications. The absence of recent contracts and the lack of specific agency clients suggest that the company may be at risk of losing its current market position if it does not diversify its client base.

Red Flags

• No recent contracts indicate potential business challenges.
• 100% sole-source rate suggests a lack of competitive bidding, which could lead to higher costs.
• No specific agency clients suggest a lack of diversification and potential dependency risks.

Green Flags

• Sole-source contracts indicate strong relationships with clients.
• Specialized expertise in acoustic products and solutions.
• Potential for high-quality, specialized services.

Key Contracts

HARRIS ACOUSTIC PRODUCTS CORPORATION has secured two contracts totaling $28.8 million, with an average contract size of $1,43,91,893. While the company has not won any recent contracts, its sole-source contracts suggest that it is providing specialized and critical services that are not easily obtained through competitive bidding. The lack of recent contracts and the absence of specific agency clients raise concerns about the company's ability to maintain its market position and secure new business. The company's expertise in acoustic products and solutions is likely a key factor in its success, but the lack of recent contracts and the absence of specific agency clients suggest that the company may be at risk of losing its current market position if it does not diversify its client base.

Frequently Asked Questions

What does HARRIS ACOUSTIC PRODUCTS CORPORATION do for the federal government?

HARRIS ACOUSTIC PRODUCTS CORPORATION specializes in providing acoustic products and solutions, which are critical for various defense and security applications. The company's services include noise reduction systems, audio engineering, acoustic testing, and audio solutions for defense applications. Its expertise in these areas makes it a valuable partner for agencies involved in defense and security projects.

How much taxpayer money does HARRIS ACOUSTIC PRODUCTS CORPORATION receive?

HARRIS ACOUSTIC PRODUCTS CORPORATION has secured a total of $28.8 million in federal contracts, with an average contract size of $1,43,91,893. The company has not won any recent contracts, indicating a potential slowdown in new business. The substantial contract sizes suggest that the company is providing specialized and critical services that are not easily obtained through competitive bidding.

Is HARRIS ACOUSTIC PRODUCTS CORPORATION good value for taxpayer money?

The company's sole-source contracts suggest that it is likely providing specialized and critical services that are not easily obtained through competitive bidding. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's ability to deliver value consistently. The average contract size of $1,43,91,893 is substantial, which could be a positive indicator of the company's expertise and the importance of its services, but it also highlights the potential risk of high costs to taxpayers.

How does HARRIS ACOUSTIC PRODUCTS CORPORATION win its contracts?

HARRIS ACOUSTIC PRODUCTS CORPORATION has secured its contracts through sole-source awards, indicating strong relationships with its clients. The company's expertise in acoustic products and solutions is likely a key factor in its success. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in maintaining its market position and securing new business.

What agencies use HARRIS ACOUSTIC PRODUCTS CORPORATION most?

The company's lack of specific agency clients makes it difficult to assess its dependency on any particular agency. However, given the nature of its contracts, it is likely that the company has established strong relationships with multiple agencies, particularly those involved in defense and security applications. The absence of recent contracts and the lack of specific agency clients suggest that the company may be at risk of losing its current market position if it does not diversify its client base.

What are the risks of relying on HARRIS ACOUSTIC PRODUCTS CORPORATION?

The company's lack of recent contracts and the absence of specific agency clients suggest that it may be facing challenges in maintaining its market position and securing new business. The 100% sole-source rate indicates a lack of competitive bidding, which could lead to higher costs to taxpayers. The company's dependency on government contracts is significant, but the lack of diversification and the absence of specific agency clients suggest a need for greater market diversification to mitigate risks.

How does HARRIS ACOUSTIC PRODUCTS CORPORATION compare to similar contractors?

HARRIS ACOUSTIC PRODUCTS CORPORATION appears to be a niche player in the acoustic products and solutions market. While the company has not won any competitive contracts, it has secured sole-source contracts, indicating a strong relationship with its clients. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in maintaining its market position and securing new business. The company's expertise in acoustic products and solutions is likely a key factor in its success, but the lack of recent contracts and the absence of specific agency clients suggest that the company may be at risk of losing its current market position if it does not diversify its client base.

Recent Federal Contracts

Harris Acoustic Products Corporation has 1 federal contracts on record. Below are the largest awards:

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