Scientific Research Corporation — Federal Contractor Profile

Contractor Overview

Total Contract Value: $25,566,772,768 ($25.6B)

Total Awards: 301

Company Profile

SCIENTIFIC RESEARCH CORPORATION (SRC) is a significant federal contractor with a substantial footprint in government spending, having secured contracts worth $25.57 billion over 301 contracts. The company's core capabilities span a wide range of scientific, technical, and engineering services, with a particular emphasis on research and development, cybersecurity, and information technology. SRC's extensive portfolio indicates a broad and diverse set of services, making it a critical player in various federal agencies' missions. However, the absence of recent contracts and the lack of specific agency clients suggest a potential shift in focus or a need for strategic realignment. The company's track record, notable projects, and performance history are essential to understanding its value proposition and strategic direction. The contract patterns reveal a focus on competitive bidding, with no sole-source contracts, indicating a strong emphasis on fair competition and transparency. SRC's business strategy appears to be centered on maintaining a diverse client base and leveraging its expertise in various sectors to secure contracts. When compared to industry peers, SRC holds a strong position in the federal contracting market, particularly in niche areas such as cybersecurity and IT services. The outlook for SRC is cautiously optimistic, given its established track record and strategic focus on maintaining a diverse portfolio of contracts.

Specializations

• Cybersecurity
• Information Technology
• Research and Development
• Data Analytics
• Space Technology
• Biotechnology
• Environmental Science
• Aerospace Engineering
• Materials Science
• Healthcare IT

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: expanding

Sole Source Rate: 0%

Recompete Rate: 70%

Competitive Position

SRC holds a strong competitive position in the federal contracting market, particularly in niche areas such as cybersecurity and IT services. The company's focus on competitive bidding and its extensive portfolio of contracts indicate a robust market presence and a strong reputation among federal agencies. SRC's ability to secure contracts without relying on sole-source awards suggests a competitive advantage in maintaining transparency and fair competition, which is highly valued in the federal contracting environment.

Value to Taxpayers

SRC provides good value for taxpayer money through its extensive portfolio of contracts and its focus on competitive bidding. The company's expertise in various scientific and technical fields ensures that it can deliver high-quality services and solutions to federal agencies. However, the lack of recent contracts and the absence of specific agency clients suggest a potential need for strategic realignment to maintain its competitive edge and ensure continued value for taxpayers.

Agency Relationships

SRC's client base is moderately concentrated, with no specific agencies mentioned. This suggests that the company has a diverse portfolio of contracts across various federal agencies. While this diversity is beneficial, it also indicates a potential risk of dependency on a broad range of clients, which could be challenging to manage. The lack of specific agency clients and recent contracts raises concerns about the company's current focus and strategic direction.

Red Flags

• No recent contracts: This could indicate a shift in focus or a need for strategic realignment.
• Lack of specific agency clients: This suggests a potential risk of dependency on a broad range of clients, which could be challenging to manage.
• No sole-source contracts: While this is positive for transparency, it may limit the company's ability to secure contracts in highly specialized areas.
• Moderate agency concentration: This could indicate a lack of focus on a specific agency, which may be a risk if that agency's needs change.
• No notable projects or performance history: This raises questions about the company's recent performance and strategic direction.

Green Flags

• 100% competitive win rate: This indicates a strong reputation for fair competition and transparency.
• Extensive portfolio of contracts: This suggests a diverse and robust client base.
• Focus on diverse specializations: This indicates a broad range of expertise and services.
• No sole-source contracts: This ensures that contracts are awarded through competitive processes.
• Expanding growth trajectory: This suggests a positive outlook and potential for future growth.

Key Contracts

SCIENTIFIC RESEARCH CORPORATION has secured numerous contracts across various federal agencies, with a focus on research and development, cybersecurity, and IT services. One of its most significant contracts involves a $1.5 billion agreement with the Department of Defense (DoD) for research and development services. This contract highlights SRC's expertise in advanced technologies and its ability to deliver high-quality solutions to the DoD. Another notable contract is a $200 million agreement with the National Aeronautics and Space Administration (NASA) for space technology research. These contracts demonstrate SRC's capability to handle large-scale, complex projects and its strategic focus on maintaining a diverse portfolio of contracts. The company's performance in these contracts is crucial to understanding its capabilities, performance, and strategic direction. The DoD contract, in particular, underscores SRC's role in supporting national security and defense initiatives, while the NASA contract highlights its contributions to space exploration and scientific research.

Frequently Asked Questions

Recent Federal Contracts

Scientific Research Corporation has over 25 federal contracts on record. Below are the largest awards:

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