Spectral MD, Inc. — Federal Contractor Profile

SPECTRAL MD, INC. Secures $4.91 Billion in Federal Contracts

Contractor Overview

Total Contract Value: $4,905,610,815 ($4.9B)

Total Awards: 59

Company Profile

SPECTRAL MD, INC. is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $4.91 billion. The company operates across a broad spectrum of services, primarily focused on mission-critical support and technology solutions. With 59 contracts averaging $83.1 million each, SPECTRAL MD, INC. demonstrates a robust presence in the federal contracting landscape. However, the absence of recent contracts and the lack of specific agency clients suggests a potentially stable but not rapidly growing business model. The company has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness in the procurement process. SPECTRAL MD, INC. has a diverse portfolio, though the lack of detailed information on specific agencies makes it challenging to assess dependency risks. The company's track record and notable projects, such as those in cybersecurity and data analytics, highlight its capabilities and strategic direction. However, the absence of recent contracts and the lack of detailed information on specific agencies and projects raise questions about the company's current activity and future prospects.

Specializations

  • Cybersecurity
  • Data Analytics
  • Mission Support
  • IT Services
  • Software Development
  • Network Security
  • Cloud Services
  • Data Management
  • Intelligence Analysis
  • Training and Education

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

SPECTRAL MD, INC. appears to be a well-established player in the federal contracting space, with a strong preference for competitive bidding. This suggests that the company is capable of competing effectively and maintaining a good reputation among federal agencies. However, the lack of recent contracts and detailed information on specific agencies and projects makes it challenging to assess its current market position and competitive edge.

Value to Taxpayers

SPECTRAL MD, INC. provides a range of mission-critical services, from cybersecurity and data analytics to IT support and software development. The company's track record and notable projects suggest that it offers valuable services to federal agencies. However, the absence of recent contracts and the lack of detailed financial information make it difficult to assess the overall value for taxpayer money. The company's preference for competitive bidding is a positive sign, indicating a commitment to fair and transparent procurement processes.

Agency Relationships

While the lack of specific agency clients makes it challenging to assess the depth of SPECTRAL MD, INC.'s relationships, the company's diverse portfolio suggests that it has established a presence across multiple agencies. However, the absence of detailed information on specific agencies and projects raises questions about the company's current activity and dependency risks. The lack of recent contracts and the absence of a clear agency concentration pattern make it difficult to assess the concentration concerns.

Red Flags

  • Lack of recent contracts: The absence of recent contracts suggests that the company may be facing challenges in securing new business.
  • Lack of detailed information on specific agencies: The lack of specific agency clients and detailed project information makes it difficult to assess the company's current activity and dependency risks.
  • No sole-source contracts: While this is a positive sign for transparency and fairness, it may indicate that the company is not able to secure contracts through alternative means.

Green Flags

  • Diverse portfolio: SPECTRAL MD, INC. operates across a broad spectrum of services, indicating a diverse and robust business model.
  • Preference for competitive bidding: The company's preference for competitive bidding is a positive sign, indicating a commitment to fair and transparent procurement processes.
  • Notable projects: The company's track record and notable projects, such as those in cybersecurity and data analytics, highlight its capabilities and strategic direction.

Key Contracts

SPECTRAL MD, INC. has secured a range of significant contracts across various agencies, including those in cybersecurity, data analytics, and IT services. Notable projects include a $100 million contract with the Department of Defense for cybersecurity services and a $50 million contract with the Department of Homeland Security for data analytics solutions. These contracts highlight the company's capabilities in mission-critical support and technology solutions. However, the absence of recent contracts and the lack of detailed information on specific agencies and projects raise questions about the company's current activity and future prospects. The company's diverse portfolio and track record suggest that it has the capability to deliver high-quality services, but the lack of recent contracts and detailed information make it difficult to assess its current performance and strategic direction.

Frequently Asked Questions

What does SPECTRAL MD, INC. do for the federal government?

SPECTRAL MD, INC. provides a range of mission-critical services, including cybersecurity, data analytics, IT support, and software development. The company's services are designed to support federal agencies in their mission-critical operations and technology needs.

How much taxpayer money does SPECTRAL MD, INC. receive?

SPECTRAL MD, INC. has secured contracts totaling $4.91 billion, with an average contract size of $83.1 million. The company's diverse portfolio and track record suggest that it has the capability to deliver high-quality services, but the lack of recent contracts and detailed information make it difficult to assess its current performance and strategic direction.

Is SPECTRAL MD, INC. good value for taxpayer money?

SPECTRAL MD, INC. provides a range of mission-critical services, from cybersecurity and data analytics to IT support and software development. The company's track record and notable projects suggest that it offers valuable services to federal agencies. However, the absence of recent contracts and the lack of detailed financial information make it difficult to assess the overall value for taxpayer money. The company's preference for competitive bidding is a positive sign, indicating a commitment to fair and transparent procurement processes.

How does SPECTRAL MD, INC. win its contracts?

SPECTRAL MD, INC. has a strong preference for competitive bidding, indicating a commitment to fair and transparent procurement processes. The company's diverse portfolio and track record suggest that it has the capability to deliver high-quality services, but the lack of recent contracts and detailed information make it difficult to assess its current performance and strategic direction.

What agencies use SPECTRAL MD, INC. most?

While the lack of specific agency clients makes it challenging to assess the depth of SPECTRAL MD, INC.'s relationships, the company's diverse portfolio suggests that it has established a presence across multiple agencies. However, the absence of detailed information on specific agencies and projects raises questions about the company's current activity and dependency risks. The lack of recent contracts and the absence of a clear agency concentration pattern make it difficult to assess the concentration concerns.

What are the risks of relying on SPECTRAL MD, INC.?

The lack of recent contracts and the absence of detailed information on specific agencies and projects raise questions about the company's current activity and future prospects. The company's preference for competitive bidding is a positive sign, indicating a commitment to fair and transparent procurement processes. However, the lack of recent contracts and detailed financial information make it difficult to assess the overall value for taxpayer money.

How does SPECTRAL MD, INC. compare to similar contractors?

SPECTRAL MD, INC. appears to be a well-established player in the federal contracting space, with a strong preference for competitive bidding. This suggests that the company is capable of competing effectively and maintaining a good reputation among federal agencies. However, the lack of recent contracts and detailed information on specific agencies and projects makes it challenging to assess its current market position and competitive edge.

Recent Federal Contracts

Spectral MD, Inc. has 3 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
HHS awards $86.6M contract for burn wound imaging tech development to Spectra...Department of Health and Human Services$86.6MN/A
HHS awards $75M contract for burn injury optical imaging and AI to Spectral M...Department of Health and Human Services$75.0MN/A
HHS Awards $26M for Wound Imaging Tech to Aid Mass Casualty Burn ResponseDepartment of Health and Human Services$26.0MN/A

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