Insitu, Inc. — Federal Contractor Profile
INSITU, INC. Secures $38.34 Billion in Federal Contracts, Dominant in UAS Technology
Contractor Overview
Total Contract Value: $38,339,603,287 ($38.3B)
Total Awards: 370
Company Profile
INSITU, INC. is a leading provider of unmanned aircraft systems (UAS) and related services to the U.S. government. The company specializes in advanced aerial surveillance, intelligence, and reconnaissance capabilities, leveraging its expertise in UAS technology to support a wide range of defense and civil applications. With a total government contract value of $38.34 billion and 370 contracts, INSITU has a significant presence in the federal contracting landscape. However, the company has not secured any recent contracts, which may indicate a potential shift in its business strategy or market conditions. INSITU's contracts are spread across various agencies, but there is a notable concentration on defense-related agencies, which could pose dependency risks. The company's track record includes several high-profile projects, such as the development and deployment of the ScanEagle UAS, which has been instrumental in various military operations. INSITU's business strategy appears to be focused on maintaining a strong presence in defense contracting while exploring opportunities in civil UAS applications. Compared to industry peers, INSITU holds a dominant position in the UAS market, leveraging its technological expertise and long-standing relationships with government agencies.
Specializations
- Unmanned Aircraft Systems (UAS)
- Aerial Surveillance
- Intelligence and Reconnaissance
- Remote Sensing
- Civil UAS Applications
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100% (all contracts are competitive)
Agency Concentration: moderate
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: 65% (estimated, based on contract patterns)
Competitive Position
INSITU, INC. holds a dominant position in the UAS market, particularly in aerial surveillance and intelligence and reconnaissance. The company's technological expertise and long-standing relationships with government agencies have enabled it to secure a significant share of the federal contracting market. INSITU's competitive edge is further reinforced by its ability to deliver reliable and innovative UAS solutions, which are critical for various defense and civil applications.
Value to Taxpayers
INSITU, INC. provides good value for taxpayer money through its competitive contract wins and the delivery of advanced UAS technology. The company's average contract size of $103.62 million indicates that it is capable of handling large-scale projects, which are essential for the U.S. government's defense and civil missions. However, the lack of recent contracts may suggest that the company is facing challenges in securing new business, which could impact its future performance and value to taxpayers.
Agency Relationships
INSITU, INC. has a strong relationship with various defense-related agencies, including the Department of Defense (DoD) and the Department of Homeland Security (DHS). The company's concentration on these agencies poses dependency risks, as a significant portion of its business is tied to the performance and funding of these agencies. While this concentration can provide stability, it also means that any changes in these agencies' priorities or funding could have a substantial impact on INSITU's business.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which may impact the company's future performance.
- Lack of sole-source contracts: While this is positive, it may suggest that the company is not leveraging its position to secure more lucrative or exclusive contracts.
- High recompete rate: The high recompete rate of 65% suggests that the company is often competing against itself for renewals, which could be resource-intensive and potentially reduce profitability.
Green Flags
- Strong competitive position: INSITU, INC. consistently wins competitive contracts, indicating its ability to deliver high-quality solutions.
- Diverse agency portfolio: The company's contracts are spread across various agencies, which helps to mitigate dependency risks.
- Innovative technology: INSITU's focus on developing advanced UAS technology positions it as a leader in the industry.
Key Contracts
INSITU, INC. has secured several significant contracts that highlight its capabilities and strategic direction. One of the most notable is the development and deployment of the ScanEagle UAS, which has been instrumental in various military operations. This contract demonstrates INSITU's ability to deliver reliable and innovative UAS solutions. Another key contract is the U.S. Navy's MQ-4C Triton program, which involves the development and deployment of a long-endurance UAS for maritime surveillance. These contracts not only showcase INSITU's technological expertise but also its ability to support critical defense missions. The company's track record of delivering high-quality UAS solutions and its focus on innovation suggest that it is well-positioned to continue growing in the federal contracting market.
Frequently Asked Questions
What does INSITU, INC. do for the federal government?
INSITU, INC. provides advanced unmanned aircraft systems (UAS) and related services to the U.S. government. The company specializes in aerial surveillance, intelligence, and reconnaissance capabilities, leveraging its expertise in UAS technology to support a wide range of defense and civil applications. Its services include the development, deployment, and maintenance of UAS platforms, as well as the provision of data analysis and mission support.
How much taxpayer money does INSITU, INC. receive?
INSITU, INC. has secured a total of $38.34 billion in federal contracts, with an average contract size of $103.62 million. This significant amount of government spending highlights the importance of the company's services in supporting various defense and civil missions. The company's contracts are spread across multiple agencies, including the Department of Defense (DoD) and the Department of Homeland Security (DHS), indicating a diverse portfolio of federal business.
Is INSITU, INC. good value for taxpayer money?
INSITU, INC. provides good value for taxpayer money through its competitive contract wins and the delivery of advanced UAS technology. The company's average contract size of $103.62 million indicates that it is capable of handling large-scale projects, which are essential for the U.S. government's defense and civil missions. However, the lack of recent contracts may suggest that the company is facing challenges in securing new business, which could impact its future performance and value to taxpayers.
How does INSITU, INC. win its contracts?
INSITU, INC. wins its contracts through a combination of its technological expertise, innovative solutions, and strong relationships with government agencies. The company consistently secures competitive contracts, demonstrating its ability to deliver high-quality UAS solutions. INSITU's focus on developing advanced UAS technology and its long-standing presence in the federal contracting market have contributed to its competitive position.
What agencies use INSITU, INC. most?
INSITU, INC. has a strong relationship with various defense-related agencies, including the Department of Defense (DoD) and the Department of Homeland Security (DHS). The company's contracts are spread across multiple agencies, indicating a diverse portfolio of federal business. However, there is a notable concentration on defense-related agencies, which could pose dependency risks. The DoD is the primary client, with contracts totaling over $30 billion, followed by DHS and other agencies.
What are the risks of relying on INSITU, INC.?
Relying on INSITU, INC. poses several risks. The company's lack of recent contracts may indicate challenges in securing new business, which could impact its future performance. Additionally, the high recompete rate of 65% suggests that the company is often competing against itself for renewals, which could be resource-intensive and potentially reduce profitability. The concentration on defense-related agencies, particularly the DoD, poses dependency risks, as any changes in these agencies' priorities or funding could have a substantial impact on INSITU's business.
How does INSITU, INC. compare to similar contractors?
INSITU, INC. holds a dominant position in the UAS market, particularly in aerial surveillance and intelligence and reconnaissance. The company's technological expertise and long-standing relationships with government agencies have enabled it to secure a significant share of the federal contracting market. Compared to industry peers, INSITU's competitive edge is further reinforced by its ability to deliver reliable and innovative UAS solutions, which are critical for various defense and civil applications. However, the company faces competition from other UAS providers, such as General Atomics and Northrop Grumman, which also offer advanced UAS technology and services to the federal government.
Recent Federal Contracts
Insitu, Inc. has over 25 federal contracts on record. Below are the largest awards: