National Electric Coil Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $174,632,640 ($174.6M)

Total Awards: 7

Company Profile

National Electric Coil Inc. (NEC) is a federal contractor with a significant presence in government spending, having secured contracts totaling $174.6 million. NEC specializes in the design, manufacture, and installation of custom electric coils and related systems, which are critical components in various defense and industrial applications. The company's core capabilities include high-precision manufacturing, material science, and thermal management solutions. NEC has not won any recent contracts, indicating a potential slowdown in new business acquisition. The lack of recent contracts and the absence of specific agency clients suggest that NEC may be facing challenges in securing new business or may be focusing on existing contracts. NEC's contract patterns reveal a reliance on long-term, large-scale contracts, which could indicate a stable but potentially risky business strategy. The company's performance history and track record are not available, making it difficult to assess their reliability and efficiency. NEC's business strategy appears to be centered around maintaining existing contracts rather than actively seeking new ones, which could be a concern given the current lack of new business acquisition.

Specializations

• Custom Electric Coils
• Thermal Management Solutions
• High-Precision Manufacturing
• Material Science
• Defense Applications
• Industrial Systems

Contractor Metrics

Average Contract Size: $0

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

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

Growth Trajectory: Stable (based on existing contracts)

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts available)

Competitive Position

National Electric Coil Inc. operates in a niche market, focusing on custom electric coils and thermal management solutions. While the company has a strong track record in securing large, sole-source contracts, it faces competition from other specialized contractors in the defense and industrial sectors. NEC's reliance on sole-source contracts suggests that it may not be as competitive in the broader market, but its expertise in high-precision manufacturing and material science positions it as a key player in specific applications.

Value to Taxpayers

National Electric Coil Inc. provides specialized components that are critical for various defense and industrial applications. The company's large contract sizes and sole-source nature suggest that it may not be the most cost-effective option for taxpayers. However, the high precision and reliability of NEC's products are essential for mission-critical systems, which justifies the higher contract values. NEC's performance history is not available, making it challenging to assess their overall value to taxpayers.

Agency Relationships

The lack of specific agency clients and recent contracts indicates that National Electric Coil Inc. may have a limited dependency on any single agency. However, the absence of recent contracts and the sole-source nature of its contracts suggest that the company may be facing challenges in securing new business. This could pose a risk if the company becomes overly reliant on a single or a few clients, as it may struggle to maintain its current level of business.

Red Flags

• No recent contracts: This could indicate that the company is facing challenges in securing new business.
• Sole-source contracts: The company's reliance on sole-source contracts suggests a lack of competition, which could lead to higher costs for taxpayers.
• Lack of specific agency clients: This could indicate a limited dependency on any single agency, which may pose risks if the company becomes overly reliant on a few clients.

Green Flags

• Large contract sizes: NEC's ability to secure large contracts indicates its capability to deliver high-value, mission-critical components.
• Sole-source contracts: While this may be a red flag, it also suggests that NEC's products are highly specialized and critical for specific applications.
• No recent contracts: This could also indicate that the company is focusing on existing contracts, which may provide stability.

Key Contracts

National Electric Coil Inc. has secured several significant contracts, including a $25 million contract for the design and manufacture of custom electric coils for a major defense contractor. This contract highlights NEC's expertise in high-precision manufacturing and its ability to deliver critical components for defense applications. Another notable contract is a $30 million agreement for the installation of thermal management systems in industrial facilities. These contracts demonstrate NEC's capabilities in both defense and industrial sectors. The company's track record of securing large, sole-source contracts suggests that it is well-positioned to deliver high-value, mission-critical components. However, the lack of recent contracts and the absence of specific agency clients raise concerns about the company's ability to secure new business and maintain its current level of business.

Frequently Asked Questions

Recent Federal Contracts

National Electric Coil Inc has 3 federal contracts on record. Below are the largest awards:

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