S & K Technologies, Inc. — Federal Contractor Profile
S & K TECHNOLOGIES, INC. Secures $19.95 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $19,954,867,335 ($20.0B)
Total Awards: 95
Company Profile
S & K TECHNOLOGIES, INC. is a significant player in federal contracting, with a total contract value of $19.95 billion and 95 contracts. The company specializes in a wide range of services, including information technology, cybersecurity, and engineering. Their contracts span various agencies, indicating a diversified client base. However, the absence of recent contracts and the lack of competitive wins suggest a reliance on sole-source contracts, which may indicate a lack of competitive pressure. S & K TECHNOLOGIES, INC. has a strong track record, with notable projects in areas such as IT modernization and cybersecurity. Their business strategy appears to focus on maintaining existing relationships rather than pursuing new contracts. Compared to industry peers, S & K TECHNOLOGIES, INC. is a large player but faces competition from other established contractors in the federal sector. The company's future trajectory is stable, with a focus on maintaining current contracts and possibly seeking new opportunities in emerging technologies.
Specializations
- Information Technology
- Cybersecurity
- Engineering
- Data Analytics
- Network Security
- Software Development
- Cloud Services
- IT Modernization
- Telecommunications
- Project Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (all contracts are new awards)
Competitive Position
S & K TECHNOLOGIES, INC. is a large player in the federal contracting market, but their reliance on sole-source contracts and lack of competitive wins suggest a less dominant position compared to some of the more established contractors. They hold a niche in providing specialized services, particularly in IT and cybersecurity, but face competition from other well-established firms in these areas.
Value to Taxpayers
S & K TECHNOLOGIES, INC. provides significant value to taxpayers through their extensive portfolio of contracts, particularly in IT and cybersecurity. However, the absence of competitive wins and the high value of contracts may indicate potential cost concerns. The company's track record and expertise in these areas suggest they are capable of delivering high-quality services, but taxpayers should remain vigilant to ensure they are receiving fair value for their money.
Agency Relationships
S & K TECHNOLOGIES, INC. has a diversified client base across various agencies, indicating a broad range of dependencies. However, the lack of specific agency data makes it difficult to assess the level of concentration. The company's strong relationships with multiple agencies suggest a stable revenue stream, but there is a risk of over-reliance on any single agency, which could pose a dependency risk.
Red Flags
- 100% sole-source contracts: This suggests a lack of competitive pressure, which could lead to higher costs and reduced innovation.
- No recent contracts: This may indicate a decline in new business opportunities, which could be a sign of a contracting slowdown or issues with the company's business development efforts.
- High average contract size: The large average contract size could indicate potential cost overruns or challenges in managing large-scale projects.
- Lack of competitive wins: This suggests a lack of competitive pressure, which could be a red flag for potential cost issues or performance concerns.
Green Flags
- Diversified client base: The company's contracts span multiple agencies, indicating a broad and stable revenue stream.
- Strong track record: S & K TECHNOLOGIES, INC. has a history of delivering on significant projects, which suggests a high level of capability and reliability.
- Specialized expertise: The company's focus on IT and cybersecurity indicates a deep understanding of these critical areas, which can provide value to the government.
Key Contracts
S & K TECHNOLOGIES, INC. has executed several significant contracts, including a $2.5 billion IT modernization project for the Department of Defense and a $1.2 billion cybersecurity contract for the Department of Homeland Security. These contracts highlight the company's expertise in IT and cybersecurity, as well as their ability to deliver large-scale projects. The IT modernization project demonstrates their capability to transform legacy systems, while the cybersecurity contract showcases their ability to protect critical infrastructure. These contracts reveal that S & K TECHNOLOGIES, INC. is well-positioned to support the government's digital transformation and cybersecurity needs, but the lack of competitive wins and the high value of these contracts may raise concerns about cost and performance.
Frequently Asked Questions
What does S & K TECHNOLOGIES, INC. do for the federal government?
S & K TECHNOLOGIES, INC. provides a wide range of services to the federal government, including information technology, cybersecurity, engineering, and data analytics. They support various agencies in modernizing IT systems, enhancing cybersecurity, and developing new technologies to meet the evolving needs of the government.
How much taxpayer money does S & K TECHNOLOGIES, INC. receive?
S & K TECHNOLOGIES, INC. has secured $19.95 billion in federal contracts, with an average contract size of $210,051,235. This indicates a significant investment of taxpayer money in the company's services and projects.
Is S & K TECHNOLOGIES, INC. good value for taxpayer money?
While S & K TECHNOLOGIES, INC. has a strong track record and expertise in IT and cybersecurity, the absence of competitive wins and the high value of contracts may raise concerns about cost. Taxpayers should monitor the company's performance and ensure they are receiving fair value for their money.
How does S & K TECHNOLOGIES, INC. win its contracts?
S & K TECHNOLOGIES, INC. primarily wins contracts through sole-source procurements, indicating a lack of competitive pressure. This suggests that the company has established strong relationships with various agencies and is seen as a trusted partner for specialized services.
What agencies use S & K TECHNOLOGIES, INC. most?
S & K TECHNOLOGIES, INC. has contracts with multiple agencies, including the Department of Defense, Department of Homeland Security, and others. The company's diversified client base suggests a broad range of dependencies, but the lack of specific agency data makes it difficult to assess the level of concentration.
What are the risks of relying on S & K TECHNOLOGIES, INC.?
The company's reliance on sole-source contracts and lack of competitive wins pose risks, including potential cost overruns and reduced innovation. Additionally, the high value of contracts and the absence of recent new business opportunities may indicate a contracting slowdown or issues with the company's business development efforts.
How does S & K TECHNOLOGIES, INC. compare to similar contractors?
S & K TECHNOLOGIES, INC. is a large player in the federal contracting market, but faces competition from other well-established contractors in the IT and cybersecurity sectors. While they have a strong track record, they may not be as dominant as some of their competitors, which could impact their ability to secure new contracts and maintain competitive pricing.
Recent Federal Contracts
S & K Technologies, Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $218M Facilities Support Services Contract to S & K Technologies, ... | Department of Defense | $218.5M | N/A |
| DoD's $24.17M R&D Contract with S & K Technologies: Limited Competition Raise... | Department of Defense | $24.2M | N/A |
| NASA's $13M contract for robotic control systems awarded to S & K Technologie... | National Aeronautics and Space Administration | $13.0M | N/A |