Precision AIR Inc — Federal Contractor Profile
Precision Air Inc. Secures $113.8M in Federal Contracts
Contractor Overview
Total Contract Value: $113,774,188 ($113.8M)
Total Awards: 6
Company Profile
Precision Air Inc. is a federal contractor with a significant presence in government spending, having secured contracts totaling $113.8 million. The company specializes in providing a range of air support and logistics services to various government agencies. With an average contract size of $18,962,365, Precision Air Inc. demonstrates a substantial commitment to large-scale projects. However, the absence of recent contracts and the lack of specific agency clients suggests a potential shift in their business strategy or a need for new opportunities. The company has not engaged in any sole-source contracts, indicating a focus on competitive bidding processes. This profile will explore Precision Air Inc.'s capabilities, client relationships, and overall performance in the federal contracting landscape.
Specializations
- Air Support Services
- Logistics Management
- Aerial Surveillance
- Aerial Transportation
- Maintenance and Repair Services
- Aircraft Operations
- Supply Chain Management
- Emergency Response Services
- Training and Support Services
- Aerial Surveying
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: N/A
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
Precision Air Inc. appears to be a well-positioned player in the federal contracting market, particularly in air support and logistics services. The company's focus on competitive bidding suggests a strong market presence and the ability to secure contracts through merit and performance. However, the lack of recent contracts and specific agency clients may indicate a need to expand its client base or explore new service areas.
Value to Taxpayers
Precision Air Inc. provides valuable services to the federal government, including air support, logistics, and emergency response. The company's large average contract size suggests that it is capable of handling significant projects, which can be beneficial for agencies needing specialized support. However, the absence of recent contracts and the lack of specific agency clients may raise concerns about the company's current business strategy and its ability to deliver consistent value.
Agency Relationships
The lack of specific agency clients in Precision Air Inc.'s profile suggests that the company may be seeking new opportunities or has recently shifted its focus. This could pose a risk if the company becomes overly dependent on a single or a few agencies, as it may limit its flexibility and responsiveness to changing government needs.
Red Flags
- Lack of recent contracts: Indicates potential business challenges or a need to expand its client base.
- No specific agency clients: Suggests a lack of established relationships with key government agencies.
- No sole-source contracts: May indicate a preference for competitive bidding, which could limit the company's ability to secure contracts quickly.
- No recompete/renewal contracts: Indicates a lack of ongoing business with existing clients, which could be a concern.
- No performance history: Lack of detailed information on past performance makes it difficult to assess the company's reliability and effectiveness.
Green Flags
- Large average contract size: Indicates the company's capability to handle significant projects and deliver substantial value.
- Focus on competitive bidding: Suggests a strong market presence and the ability to secure contracts through merit and performance.
- Diverse specializations: Indicates a broad range of capabilities, which can be beneficial for agencies with varied needs.
Key Contracts
Precision Air Inc. has secured a total of $113.8 million in federal contracts, with an average contract size of $18,962,365. While the company has not provided specific details on its recent contracts, its focus on air support, logistics, and emergency response services suggests a strong capability in these areas. The absence of recent contracts and specific agency clients may indicate a need for the company to expand its client base or explore new service areas. The company's large average contract size and diverse specializations suggest that it is capable of delivering significant value to the federal government. However, the lack of detailed performance history and recent contracts raises concerns about the company's current business strategy and its ability to deliver consistent value.
Frequently Asked Questions
What does Precision Air Inc. do for the federal government?
Precision Air Inc. provides a range of air support and logistics services to various government agencies, including air support, logistics management, aerial surveillance, and emergency response services. The company's capabilities include aerial transportation, maintenance and repair services, aircraft operations, supply chain management, and training and support services.
How much taxpayer money does Precision Air Inc. receive?
Precision Air Inc. has secured a total of $113.8 million in federal contracts, with an average contract size of $18,962,365. This indicates a significant investment of taxpayer money in the company's services and capabilities.
Is Precision Air Inc. good value for taxpayer money?
Precision Air Inc. provides valuable services to the federal government, including air support, logistics, and emergency response. The company's large average contract size suggests that it is capable of handling significant projects, which can be beneficial for agencies needing specialized support. However, the absence of recent contracts and the lack of specific agency clients may raise concerns about the company's current business strategy and its ability to deliver consistent value.
How does Precision Air Inc. win its contracts?
Precision Air Inc. focuses on competitive bidding processes, indicating a strong market presence and the ability to secure contracts through merit and performance. The company has not engaged in any sole-source contracts, suggesting a preference for competitive bidding and a commitment to fair and transparent processes.
What agencies use Precision Air Inc. most?
The lack of specific agency clients in Precision Air Inc.'s profile suggests that the company may be seeking new opportunities or has recently shifted its focus. This could pose a risk if the company becomes overly dependent on a single or a few agencies, as it may limit its flexibility and responsiveness to changing government needs.
What are the risks of relying on Precision Air Inc.?
The lack of recent contracts and specific agency clients may indicate potential business challenges or a need to expand its client base. The company's focus on competitive bidding and lack of sole-source contracts may limit its ability to secure contracts quickly. The absence of detailed performance history and recent contracts raises concerns about the company's current business strategy and its ability to deliver consistent value.
How does Precision Air Inc. compare to similar contractors?
Precision Air Inc. appears to be a well-positioned player in the federal contracting market, particularly in air support and logistics services. The company's focus on competitive bidding suggests a strong market presence and the ability to secure contracts through merit and performance. However, the lack of recent contracts and specific agency clients may indicate a need to expand its client base or explore new service areas. Compared to industry peers, Precision Air Inc. may be a niche specialist in air support and logistics services, but its large average contract size and diverse specializations suggest a broad range of capabilities that can be beneficial for agencies with varied needs.
Recent Federal Contracts
Precision AIR Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| State Department awards $27.4M for helicopter maintenance, boosting critical ... | Department of State | $27.4M | N/A |
| State Department awards $2M contract for aircraft storage, highlighting engin... | Department of State | $2.0M | N/A |