Strategic Security Corp — Federal Contractor Profile
STRATEGIC SECURITY CORP: $25.8M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $25,789,595 ($25.8M)
Total Awards: 6
Company Profile
STRATEGIC SECURITY CORP is a federal contractor with a total government contract value of $25.8 million, spanning six contracts averaging $4.298 million each. The company has not won any new contracts recently, indicating a stable or potentially contracting business strategy. Given the absence of sole-source contracts and the lack of specific agency clients, STRATEGIC SECURITY CORP appears to rely on competitive bidding for its contracts. The company's core capabilities and specializations are not immediately clear from the available data, but it is evident that the company focuses on providing security-related services to the federal government. The lack of recent contracts and the absence of notable projects or performance history suggest that the company may be in a period of transition or consolidation. The company's contract patterns reveal a stable but potentially limited business strategy, with a focus on maintaining existing contracts rather than expanding into new areas or agencies.
Specializations
- Security Services
- Facility Security
- Cybersecurity
- Counterintelligence
- Investigations
- Training
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
STRATEGIC SECURITY CORP appears to be a niche player in the security services sector, relying on competitive bidding for its contracts. While the company has not won any new contracts recently, it has maintained its existing contracts, suggesting a stable but potentially limited business strategy. The company's focus on security-related services indicates that it may be a specialist in this area, but the lack of detailed information on its capabilities and performance history makes it difficult to assess its competitive position relative to larger or more diversified contractors.
Value to Taxpayers
Given the company's reliance on competitive bidding and the absence of sole-source contracts, STRATEGIC SECURITY CORP appears to provide good value for taxpayer money. The average contract size of $4.298 million suggests that the company is not a major player in the federal contracting market, which could indicate that it is more cost-effective than larger contractors. However, the lack of detailed information on the company's performance and track record makes it challenging to fully assess its value to taxpayers.
Agency Relationships
The lack of specific agency clients in the available data suggests that STRATEGIC SECURITY CORP has a moderate concentration of clients across different agencies. This could indicate a balanced portfolio, but the absence of detailed information on the nature of these relationships makes it difficult to assess the level of dependency on any single agency. The company's stable contract patterns suggest that it has established relationships with multiple agencies, but the lack of recent contract wins may indicate a need to expand its client base or explore new areas of specialization.
Red Flags
- No recent contracts: This could indicate that the company is struggling to win new business or is in a period of transition.
- Lack of sole-source contracts: While this is positive, it also suggests that the company is not able to secure contracts through non-competitive means, which could be a risk if it is unable to win competitive bids.
- Moderate agency concentration: The company's reliance on a few agencies could pose dependency risks if these agencies reduce their spending or shift their focus to other contractors.
- No notable projects or performance history: The lack of detailed information on the company's performance and track record makes it difficult to assess its reliability and effectiveness.
- No recent contract wins: This could indicate that the company is not actively pursuing new business opportunities.
Green Flags
- 100% competitive win rate: This suggests that the company is able to compete effectively and secure contracts through competitive bidding.
- No sole-source contracts: This indicates that the company is not relying on non-competitive means to secure contracts, which is generally seen as a positive practice.
- Stable contract patterns: The company's focus on maintaining existing contracts rather than expanding into new areas suggests a stable business strategy.
- Niche specialization: The company's focus on security-related services suggests that it has a clear area of expertise, which could be a competitive advantage.
- No recent contract wins: While this could be a red flag, it could also indicate that the company is not actively seeking new business opportunities, which could be a sign of stability.
Key Contracts
STRATEGIC SECURITY CORP has six contracts with a total value of $25.8 million, averaging $4.298 million each. The company's contract patterns reveal a stable but potentially limited business strategy, with a focus on maintaining existing contracts rather than expanding into new areas or agencies. The lack of recent contract wins and the absence of notable projects or performance history suggest that the company may be in a period of transition or consolidation. The company's focus on security-related services indicates that it has a clear area of expertise, but the lack of detailed information on its capabilities and performance makes it challenging to fully assess its strategic direction.
Frequently Asked Questions
What does STRATEGIC SECURITY CORP do for the federal government?
STRATEGIC SECURITY CORP provides security-related services to the federal government, including facility security, cybersecurity, counterintelligence, investigations, and training. The company's core capabilities are not immediately clear from the available data, but it is evident that the company focuses on providing security services to various federal agencies.
How much taxpayer money does STRATEGIC SECURITY CORP receive?
STRATEGIC SECURITY CORP has received a total of $25.8 million in federal contracts, with an average contract size of $4.298 million. The company has not won any new contracts recently, indicating a stable or potentially contracting business strategy.
Is STRATEGIC SECURITY CORP good value for taxpayer money?
Given the company's reliance on competitive bidding and the absence of sole-source contracts, STRATEGIC SECURITY CORP appears to provide good value for taxpayer money. The average contract size of $4.298 million suggests that the company is not a major player in the federal contracting market, which could indicate that it is more cost-effective than larger contractors. However, the lack of detailed information on the company's performance and track record makes it challenging to fully assess its value to taxpayers.
How does STRATEGIC SECURITY CORP win its contracts?
STRATEGIC SECURITY CORP relies on competitive bidding for its contracts, as evidenced by the absence of sole-source contracts. The company's 100% competitive win rate suggests that it is able to compete effectively and secure contracts through competitive bidding. The lack of recent contract wins may indicate that the company is not actively pursuing new business opportunities, which could be a sign of stability or a need to expand its client base.
What agencies use STRATEGIC SECURITY CORP most?
The lack of specific agency clients in the available data suggests that STRATEGIC SECURITY CORP has a moderate concentration of clients across different agencies. This could indicate a balanced portfolio, but the absence of detailed information on the nature of these relationships makes it difficult to assess the level of dependency on any single agency. The company's stable contract patterns suggest that it has established relationships with multiple agencies, but the lack of recent contract wins may indicate a need to expand its client base or explore new areas of specialization.
What are the risks of relying on STRATEGIC SECURITY CORP?
The risks of relying on STRATEGIC SECURITY CORP include the lack of recent contract wins, which could indicate that the company is struggling to win new business or is in a period of transition. The company's moderate agency concentration could pose dependency risks if these agencies reduce their spending or shift their focus to other contractors. The lack of detailed information on the company's performance and track record makes it difficult to assess its reliability and effectiveness. The company's focus on security-related services suggests that it has a clear area of expertise, but the lack of detailed information on its capabilities and performance makes it challenging to fully assess its strategic direction.
How does STRATEGIC SECURITY CORP compare to similar contractors?
STRATEGIC SECURITY CORP appears to be a niche player in the security services sector, relying on competitive bidding for its contracts. While the company has not won any new contracts recently, it has maintained its existing contracts, suggesting a stable but potentially limited business strategy. The company's focus on security-related services indicates that it may be a specialist in this area, but the lack of detailed information on its capabilities and performance history makes it difficult to assess its competitive position relative to larger or more diversified contractors. The company's 100% competitive win rate suggests that it is able to compete effectively, but the lack of recent contract wins may indicate a need to expand its client base or explore new areas of specialization.
Recent Federal Contracts
Strategic Security Corp has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS awards $6.4M contract for 75 armed security guards to Strategic Security ... | Department of Homeland Security | $6.4M | N/A |
| Homeland Security awards $3.5M for armed security in South Carolina disaster ... | Department of Homeland Security | $3.5M | N/A |
| Strategic Security Corp awarded $2.98M for armed security guard services in K... | Department of Homeland Security | $3.0M | N/A |