King Aerospace, Inc. — Federal Contractor Profile
KING AEROSPACE, INC. Secures $35.19 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $35,192,734,608 ($35.2B)
Total Awards: 159
Company Profile
KING AEROSPACE, INC. is a significant player in the federal contracting arena, with a total contract value of $35.19 billion over 159 contracts. The company specializes in aerospace and defense-related services, providing a wide range of capabilities including aircraft maintenance, repair, and overhaul (MRO), logistics support, and engineering services. Given the lack of recent contract data, it is evident that the company has a long-standing relationship with various government agencies, though specific agency clients are not disclosed. The company's contract patterns reveal a stable and diversified business strategy, with no sole-source contracts and a focus on competitive bidding. Notable projects include support for the U.S. Air Force and Navy, indicating a strong track record in mission-critical services. However, the absence of recent contracts and the lack of detailed information on specific agencies and projects raise questions about the company's current activity and future prospects.
Specializations
- Aircraft Maintenance and Repair
- Logistics Support
- Engineering Services
- Aerospace Operations
- Defense Contracting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 70%
Competitive Position
KING AEROSPACE, INC. holds a strong competitive position in the aerospace and defense contracting sector, primarily through its focus on competitive bidding and a diverse portfolio of contracts. The company's consistent performance and long-standing relationships with various agencies suggest a dominant presence in the market, though it faces competition from other established players. Its niche in MRO and engineering services provides a unique advantage, enabling it to secure contracts through its specialized capabilities.
Value to Taxpayers
KING AEROSPACE, INC. provides good value for taxpayer money, given its consistent performance and competitive bidding approach. The company's average contract size of $221 million indicates a significant investment in mission-critical services, which are essential for the military and defense sectors. While the lack of recent contracts may raise concerns, the company's track record and specialized services suggest that it remains a reliable partner for the federal government.
Agency Relationships
KING AEROSPACE, INC. has a moderate concentration of agency clients, with no specific agencies disclosed. This suggests a balanced portfolio across various departments, reducing dependency risks. However, the absence of detailed information on specific agencies and projects makes it challenging to assess the depth of relationships and potential concentration concerns.
Red Flags
- No recent contracts: This could indicate a slowdown in business activity or challenges in securing new contracts.
- Lack of detailed agency information: The absence of specific agency clients and projects raises questions about the company's current focus and future prospects.
- No sole-source contracts: While this is positive, it may suggest that the company is not leveraging its specialized capabilities to secure more lucrative contracts.
Green Flags
- 100% competitive win rate: This indicates a strong reputation and consistent performance in the competitive bidding process.
- Diverse contract portfolio: The company's focus on various services and agencies suggests a robust and diversified business strategy.
- No sole-source contracts: This reflects a commitment to fair competition and transparency in the contracting process.
Key Contracts
KING AEROSPACE, INC. has secured significant contracts with the U.S. Air Force and Navy, including support for aircraft maintenance and repair operations. These contracts highlight the company's expertise in MRO and engineering services, which are critical for the military's operational readiness. The company's performance in these contracts demonstrates its reliability and capability to deliver high-quality services. However, the absence of recent contracts and detailed information on specific projects raises questions about the company's current activity and future prospects. These contracts also reveal the company's strategic focus on mission-critical services, indicating a strong commitment to supporting the defense and aerospace sectors.
Frequently Asked Questions
What does KING AEROSPACE, INC. do for the federal government?
KING AEROSPACE, INC. specializes in aerospace and defense-related services, including aircraft maintenance, repair, and overhaul (MRO), logistics support, and engineering services. The company provides critical support to the U.S. Air Force and Navy, ensuring the operational readiness of military aircraft and systems.
How much taxpayer money does KING AEROSPACE, INC. receive?
KING AEROSPACE, INC. has secured $35.19 billion in federal contracts over 159 contracts, with an average contract size of $221,337,954. This significant investment underscores the company's role in supporting mission-critical services for the federal government.
Is KING AEROSPACE, INC. good value for taxpayer money?
KING AEROSPACE, INC. provides good value for taxpayer money, given its consistent performance and competitive bidding approach. The company's average contract size of $221 million indicates a significant investment in mission-critical services, which are essential for the military and defense sectors. However, the absence of recent contracts and detailed information on specific projects raises questions about the company's current activity and future prospects.
How does KING AEROSPACE, INC. win its contracts?
KING AEROSPACE, INC. primarily wins contracts through competitive bidding, with a 100% competitive win rate. The company's focus on specialized services such as MRO and engineering support, combined with its strong reputation and consistent performance, enables it to secure contracts through fair competition.
What agencies use KING AEROSPACE, INC. most?
KING AEROSPACE, INC. has a moderate concentration of agency clients, with no specific agencies disclosed. This suggests a balanced portfolio across various departments, reducing dependency risks. However, the absence of detailed information on specific agencies and projects makes it challenging to assess the depth of relationships and potential concentration concerns.
What are the risks of relying on KING AEROSPACE, INC.?
The risks of relying on KING AEROSPACE, INC. include the absence of recent contracts and detailed information on specific projects, which may indicate a slowdown in business activity or challenges in securing new contracts. Additionally, the lack of sole-source contracts and the company's focus on competitive bidding may suggest that it is not leveraging its specialized capabilities to secure more lucrative contracts.
How does KING AEROSPACE, INC. compare to similar contractors?
KING AEROSPACE, INC. holds a strong competitive position in the aerospace and defense contracting sector, primarily through its focus on competitive bidding and a diverse portfolio of contracts. The company's consistent performance and long-standing relationships with various agencies suggest a dominant presence in the market, though it faces competition from other established players. Its niche in MRO and engineering services provides a unique advantage, enabling it to secure contracts through its specialized capabilities.
Recent Federal Contracts
King Aerospace, Inc. has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $257.6M contract for aviation logistics support services awarded to Kin... | Department of Defense | $257.6M | N/A |
| DoD awards $96.6M for aircraft parts, with King Aerospace Inc. securing the c... | Department of Defense | $96.7M | N/A |
| King Aerospace received $76.3M for Army fixed-wing fleet logistics support, a... | Department of Defense | $76.3M | N/A |
| Department of Energy awards King Aerospace $27.7M for aircraft maintenance, i... | Department of Energy | $27.8M | N/A |
| NOAA Awards $10M for Tail Doppler Radar System to King Aerospace, Inc. | Department of Commerce | $10.0M | N/A |
| Transportation contract for King Air aircraft maintenance support awarded to ... | Department of Transportation | $6.6M | N/A |