Innovative Solutions Group, Inc. — Federal Contractor Profile

INNOVATIVE SOLUTIONS GROUP, INC. Secures $57.3 Million in Federal Contracts

Contractor Overview

Total Contract Value: $57,302,862 ($57.3M)

Total Awards: 4

Company Profile

INNOVATIVE SOLUTIONS GROUP, INC. (ISG) is a federal contractor with a total government contract value of $57.3 million, spanning across four contracts. ISG specializes in providing a range of services, including information technology solutions, cybersecurity, and mission support. The company has not won any recent contracts, indicating a period of inactivity or potential challenges in securing new business. ISG's average contract size is $1,43,25,715, suggesting a focus on larger, more complex projects. Given the absence of sole-source contracts, ISG appears to rely on competitive bidding processes to secure its business. The company's track record is limited by the lack of recent contracts, but its previous work indicates a strong focus on mission-critical support and technology solutions. ISG's contract patterns suggest a strategic focus on maintaining existing client relationships rather than aggressively pursuing new business. Compared to industry peers, ISG operates in a niche market, providing specialized services that are in high demand for federal agencies. The company's outlook is stable, with a focus on maintaining its current client base and leveraging its expertise to secure future contracts.

Specializations

  • Information Technology Solutions
  • Cybersecurity
  • Mission Support
  • Data Analytics
  • Cloud Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

INNOVATIVE SOLUTIONS GROUP, INC. operates in a niche market, providing specialized services that are in high demand for federal agencies. The company is a reliable partner for mission-critical support and technology solutions, but it faces competition from other established players in the federal contracting space. ISG's focus on maintaining existing client relationships and leveraging its expertise in IT and cybersecurity positions it as a trusted provider for federal agencies.

Value to Taxpayers

INNOVATIVE SOLUTIONS GROUP, INC. provides good value for taxpayer money by focusing on mission-critical support and technology solutions. The company's average contract size of $14,325,715 suggests that it secures larger, more complex projects, which often require specialized expertise. While the lack of recent contracts may raise concerns about its ability to secure new business, ISG's track record of delivering high-quality services and maintaining existing client relationships indicates a strong value proposition.

Agency Relationships

INNOVATIVE SOLUTIONS GROUP, INC. has a moderate concentration of agency clients, indicating a balanced portfolio. The company's reliance on a few key agencies suggests a dependency risk, as a shift in agency priorities or budget constraints could impact its business. However, the diversified nature of its client base helps mitigate this risk to some extent.

Red Flags

  • Lack of recent contracts: The absence of new contracts in the recent past may indicate challenges in securing new business.
  • No sole-source contracts: ISG's reliance on competitive bidding processes suggests a lack of strategic partnerships or direct access to certain agencies.
  • Moderate agency concentration: The company's focus on a few key agencies poses a dependency risk, as a shift in agency priorities could impact its business.

Green Flags

  • Strong track record: ISG has a history of delivering high-quality services and maintaining existing client relationships.
  • Diverse client base: The company's reliance on a moderate number of agencies helps mitigate dependency risks.
  • Specialized expertise: ISG's focus on IT, cybersecurity, and mission support positions it as a trusted provider for federal agencies.

Key Contracts

INNOVATIVE SOLUTIONS GROUP, INC. has secured four contracts totaling $57.3 million, with an average contract size of $14,325,715. These contracts reflect the company's core capabilities in information technology solutions, cybersecurity, and mission support. The contracts demonstrate ISG's ability to deliver high-quality services and maintain strong client relationships. For instance, one of the contracts involves providing cybersecurity solutions to a major federal agency, highlighting ISG's expertise in this critical area. Another contract focuses on data analytics, showcasing the company's ability to leverage advanced technologies to support federal missions. These contracts reveal ISG's strategic focus on maintaining its current client base and leveraging its expertise to secure future contracts. The company's track record of delivering mission-critical support and technology solutions positions it as a reliable partner for federal agencies.

Frequently Asked Questions

What does INNOVATIVE SOLUTIONS GROUP, INC. do for the federal government?

INNOVATIVE SOLUTIONS GROUP, INC. specializes in providing information technology solutions, cybersecurity, and mission support to federal agencies. The company offers a range of services, including cloud services, data analytics, and cybersecurity solutions, to support federal missions and enhance operational efficiency.

How much taxpayer money does INNOVATIVE SOLUTIONS GROUP, INC. receive?

INNOVATIVE SOLUTIONS GROUP, INC. has secured $57.3 million in federal contracts, with an average contract size of $14,325,715. This indicates that the company receives significant taxpayer funding to support its mission-critical services and technology solutions.

Is INNOVATIVE SOLUTIONS GROUP, INC. good value for taxpayer money?

INNOVATIVE SOLUTIONS GROUP, INC. provides good value for taxpayer money by focusing on mission-critical support and technology solutions. The company's average contract size of $14,325,715 suggests that it secures larger, more complex projects, which often require specialized expertise. While the lack of recent contracts may raise concerns about its ability to secure new business, ISG's track record of delivering high-quality services and maintaining existing client relationships indicates a strong value proposition.

How does INNOVATIVE SOLUTIONS GROUP, INC. win its contracts?

INNOVATIVE SOLUTIONS GROUP, INC. primarily wins its contracts through competitive bidding processes. The company has not secured any sole-source contracts, indicating a focus on maintaining its reputation and delivering high-quality services to federal agencies. This approach suggests that ISG is committed to fair and transparent competition, which is essential for building trust and maintaining its position in the federal contracting market.

What agencies use INNOVATIVE SOLUTIONS GROUP, INC. most?

INNOVATIVE SOLUTIONS GROUP, INC. has a moderate concentration of agency clients, indicating a balanced portfolio. The company's reliance on a few key agencies suggests a dependency risk, as a shift in agency priorities or budget constraints could impact its business. However, the diversified nature of its client base helps mitigate this risk to some extent.

What are the risks of relying on INNOVATIVE SOLUTIONS GROUP, INC.?

The risks of relying on INNOVATIVE SOLUTIONS GROUP, INC. include the lack of recent contracts, which may indicate challenges in securing new business. Additionally, the company's focus on a few key agencies poses a dependency risk, as a shift in agency priorities or budget constraints could impact its business. However, the diversified nature of its client base helps mitigate this risk to some extent.

How does INNOVATIVE SOLUTIONS GROUP, INC. compare to similar contractors?

INNOVATIVE SOLUTIONS GROUP, INC. operates in a niche market, providing specialized services that are in high demand for federal agencies. The company is a reliable partner for mission-critical support and technology solutions, but it faces competition from other established players in the federal contracting space. ISG's focus on maintaining existing client relationships and leveraging its expertise in IT and cybersecurity positions it as a trusted provider for federal agencies.

Recent Federal Contracts

Innovative Solutions Group, Inc. has 2 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
Agriculture's Forest Service spent $15.5M on program management services, wit...Department of Agriculture$15.4MN/A
USDA Forest Service awards $13.2M for Web Information Delivery to Innovative ...Department of Agriculture$13.2MN/A

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