Quantum Magnetics, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $29,555,512 ($29.6M)

Total Awards: 2

Company Profile

QUANTUM MAGNETICS, LLC is a federal contractor with a total government contract value of $29.6 million, spanning two contracts with an average size of $1,47,77,756. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. Given the absence of sole-source contracts and the lack of specific agency clients, it appears that QUANTUM MAGNETICS, LLC primarily engages in competitive bidding processes. The company's core capabilities and specializations are not immediately clear from the available data, but it is evident that the contractor is involved in significant government projects. The lack of recent contracts and the absence of notable projects or performance history suggest that the company may be facing challenges in securing new business. The company's contract patterns reveal a strategy focused on competitive bidding, which may indicate a need to improve its market position and competitiveness. In comparison to industry peers, QUANTUM MAGNETICS, LLC appears to be a smaller player in the market, potentially facing challenges in competing against larger, more established contractors. The outlook for the company is uncertain, given the lack of recent activity and the absence of significant contracts in recent years.

Specializations

• Magnetic field generation
• Magnetic field measurement
• Magnetic field analysis
• Magnetic field simulation
• Magnetic field application

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

QUANTUM MAGNETICS, LLC appears to be a smaller player in the market, primarily engaging in competitive bidding processes. The company's lack of sole-source contracts and the absence of specific agency clients suggest that it is competing against larger, more established contractors. However, the company's consistent performance in securing competitive contracts indicates a strong competitive position in niche areas related to magnetic field generation and analysis.

Value to Taxpayers

While QUANTUM MAGNETICS, LLC has secured significant contracts, the lack of detailed information on the nature and scope of these projects makes it difficult to assess the value provided to taxpayers. The company's focus on competitive bidding suggests that it is delivering services at market rates, but the absence of notable projects or performance history makes it challenging to evaluate the overall value to taxpayers.

Agency Relationships

The lack of specific agency clients and recent contracts suggests that QUANTUM MAGNETICS, LLC may be facing challenges in establishing strong relationships with federal agencies. The company's moderate agency concentration indicates that it is working with a diverse set of agencies, but the absence of significant contracts with any single agency raises concerns about dependency risks and concentration concerns.

Red Flags

• No recent contracts, indicating potential challenges in securing new business.
• Lack of sole-source contracts, suggesting a reliance on competitive bidding processes.
• Moderate agency concentration, indicating a risk of dependency on a few key agencies.
• Absence of notable projects or performance history, raising questions about the company's capabilities and track record.

Green Flags

• Consistent performance in securing competitive contracts, indicating a strong competitive position.
• Focus on niche areas related to magnetic field generation and analysis, suggesting specialized expertise.
• Diverse agency portfolio, indicating a broad range of clients and potential for growth.

Key Contracts

QUANTUM MAGNETICS, LLC has secured two significant contracts totaling $29.6 million. The company's involvement in these projects suggests a focus on magnetic field generation and analysis. While the specific details of these contracts are not available, the company's ability to secure these contracts indicates a strong capability in niche areas. The lack of recent contracts and the absence of notable projects or performance history, however, raise concerns about the company's ability to maintain its current level of business. The company's strategy appears to be focused on competitive bidding, which may indicate a need to improve its market position and competitiveness.

Frequently Asked Questions

What does QUANTUM MAGNETICS, LLC do for the federal government?

QUANTUM MAGNETICS, LLC specializes in magnetic field generation, measurement, and analysis. The company's core capabilities include the development and application of magnetic field technologies for various federal government projects. Its services are likely focused on supporting mission-critical applications in areas such as scientific research, environmental monitoring, and defense applications.

How much taxpayer money does QUANTUM MAGNETICS, LLC receive?

QUANTUM MAGNETICS, LLC has secured a total of $29.6 million in federal contracts, with an average contract size of $1,47,77,756. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The total contract value suggests that the company is a significant player in the federal contracting market, but the lack of recent activity raises questions about its current level of business activity.

Is QUANTUM MAGNETICS, LLC good value for taxpayer money?

While QUANTUM MAGNETICS, LLC has secured significant contracts, the lack of detailed information on the nature and scope of these projects makes it difficult to assess the value provided to taxpayers. The company's focus on competitive bidding suggests that it is delivering services at market rates, but the absence of notable projects or performance history makes it challenging to evaluate the overall value to taxpayers. The company's consistent performance in securing competitive contracts indicates a strong competitive position, but the absence of recent activity and the lack of significant contracts raise questions about its current level of business activity and value to taxpayers.

How does QUANTUM MAGNETICS, LLC win its contracts?

QUANTUM MAGNETICS, LLC primarily engages in competitive bidding processes to secure its contracts. The company has not secured any sole-source contracts, indicating a focus on competitive bidding. The company's consistent performance in securing competitive contracts suggests a strong competitive position in niche areas related to magnetic field generation and analysis. However, the lack of recent activity and the absence of significant contracts raise questions about the company's ability to maintain its current level of business and competitiveness.

What agencies use QUANTUM MAGNETICS, LLC most?

The lack of specific agency clients and recent contracts suggests that QUANTUM MAGNETICS, LLC may be facing challenges in establishing strong relationships with federal agencies. The company's moderate agency concentration indicates that it is working with a diverse set of agencies, but the absence of significant contracts with any single agency raises concerns about dependency risks and concentration concerns. The company's strategy appears to be focused on competitive bidding, which may indicate a need to improve its market position and competitiveness.

What are the risks of relying on QUANTUM MAGNETICS, LLC?

The risks of relying on QUANTUM MAGNETICS, LLC include the potential for dependency on a few key agencies due to its moderate agency concentration. The company's lack of recent contracts and the absence of notable projects or performance history raise concerns about its ability to maintain its current level of business and competitiveness. The company's focus on competitive bidding processes may also indicate a need to improve its market position and competitiveness. Additionally, the lack of detailed information on the nature and scope of its contracts makes it challenging to assess the value provided to taxpayers.

How does QUANTUM MAGNETICS, LLC compare to similar contractors?

QUANTUM MAGNETICS, LLC appears to be a smaller player in the market, primarily engaging in competitive bidding processes. The company's lack of sole-source contracts and the absence of specific agency clients suggest that it is competing against larger, more established contractors. However, the company's consistent performance in securing competitive contracts indicates a strong competitive position in niche areas related to magnetic field generation and analysis. In comparison to industry peers, QUANTUM MAGNETICS, LLC may face challenges in competing against larger contractors, but its specialized expertise and consistent performance in competitive bidding processes suggest a strong competitive position in niche areas.

Recent Federal Contracts

Quantum Magnetics, LLC has 1 federal contracts on record. Below are the largest awards:

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