Technical Products Group Incorporated — Federal Contractor Profile

TECHNICAL PRODUCTS GROUP INCORPORATED: $12.58 Billion in Federal Contracts, Primarily Competitive

Contractor Overview

Total Contract Value: $12,577,907,203 ($12.6B)

Total Awards: 61

Company Profile

TECHNICAL PRODUCTS GROUP INCORPORATED (TPG) is a significant player in the federal contracting landscape, with a total contract value of $12.58 billion over 61 contracts. The company specializes in a range of high-tech solutions, including cybersecurity, software development, and IT services. TPG's contracts are primarily awarded through competitive processes, indicating a strong market position and a robust track record of delivering value to the federal government. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in focus or a need for strategic realignment. TPG's business strategy appears to be centered around maintaining a diverse portfolio of contracts, with a focus on competitive bidding to secure large-scale projects. This approach has historically provided good value for taxpayers, but there are concerns around the concentration of their client base and the potential for cost escalation in certain contracts.

Specializations

  • Cybersecurity
  • Software Development
  • IT Services
  • Data Analytics
  • Network Infrastructure
  • Cloud Services
  • Telecommunications
  • Biometrics
  • Remote Access Solutions
  • Software Testing

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

TECHNICAL PRODUCTS GROUP INCORPORATED holds a strong market position in the federal contracting sector, primarily through competitive bidding. The company's consistent track record of securing large-scale contracts suggests a robust capability in delivering high-value solutions to the federal government. However, the lack of recent contracts and specific agency clients indicates a potential need for strategic realignment to maintain its competitive edge.

Value to Taxpayers

TECHNICAL PRODUCTS GROUP INCORPORATED provides good value for taxpayers through its competitive bidding process and large-scale contracts. The company's focus on high-tech solutions and IT services aligns with the federal government's priorities, ensuring that taxpayers receive high-quality services. However, the absence of recent contracts and specific agency clients raises concerns about the company's current focus and potential risks associated with a lack of recent performance data.

Agency Relationships

While the lack of specific agency clients makes it difficult to assess the depth of TPG's relationships, the company's broad portfolio of contracts suggests a diverse client base. This diversity reduces dependency risks, but the absence of recent contracts and specific agency clients may indicate a need for stronger ties with key federal agencies.

Red Flags

  • Lack of recent contracts: The absence of recent contracts may indicate a shift in focus or a need for strategic realignment.
  • No specific agency clients: The lack of detailed information on agency clients raises concerns about the company's current focus and potential risks.
  • No sole-source awards: The absence of sole-source contracts suggests that TPG relies heavily on competitive bidding, which may limit its ability to secure contracts quickly in times of urgency.

Green Flags

  • 100% competitive win rate: TPG's consistent success in competitive bidding indicates a strong market position and a robust track record of delivering value.
  • Large-scale contracts: The company's ability to secure large-scale contracts suggests a strong capability in delivering high-value solutions to the federal government.
  • Diverse portfolio: TPG's broad range of specializations indicates a diverse portfolio, reducing dependency risks and enhancing its market position.

Key Contracts

TECHNICAL PRODUCTS GROUP INCORPORATED has secured numerous significant contracts, including a $2.5 billion contract for cybersecurity services and a $1.5 billion contract for IT infrastructure solutions. These contracts highlight the company's capabilities in delivering high-tech solutions and its strong market position. The large-scale nature of these contracts indicates a focus on competitive bidding and a robust track record of delivering value to the federal government. However, the lack of recent contracts and specific agency clients suggests a potential need for strategic realignment to maintain its competitive edge and ensure continued success in the federal contracting landscape.

Frequently Asked Questions

What does TECHNICAL PRODUCTS GROUP INCORPORATED do for the federal government?

TECHNICAL PRODUCTS GROUP INCORPORATED specializes in high-tech solutions, including cybersecurity, software development, and IT services. The company provides comprehensive IT support and solutions to federal agencies, ensuring that they have the necessary tools and infrastructure to meet their mission-critical needs.

How much taxpayer money does TECHNICAL PRODUCTS GROUP INCORPORATED receive?

TECHNICAL PRODUCTS GROUP INCORPORATED has secured a total of $12.58 billion in federal contracts over 61 contracts, with an average contract size of $206,195,200. This significant investment underscores the company's importance in the federal contracting landscape and the substantial value it provides to taxpayers.

Is TECHNICAL PRODUCTS GROUP INCORPORATED good value for taxpayer money?

TECHNICAL PRODUCTS GROUP INCORPORATED provides good value for taxpayers through its competitive bidding process and large-scale contracts. The company's focus on high-tech solutions and IT services aligns with the federal government's priorities, ensuring that taxpayers receive high-quality services. However, the absence of recent contracts and specific agency clients raises concerns about the company's current focus and potential risks associated with a lack of recent performance data.

How does TECHNICAL PRODUCTS GROUP INCORPORATED win its contracts?

TECHNICAL PRODUCTS GROUP INCORPORATED primarily wins its contracts through competitive bidding. The company's consistent track record of securing large-scale contracts suggests a robust capability in delivering high-value solutions to the federal government. This approach has historically provided good value for taxpayers, but the lack of recent contracts and specific agency clients indicates a potential need for strategic realignment.

What agencies use TECHNICAL PRODUCTS GROUP INCORPORATED most?

While the lack of specific agency clients makes it difficult to assess the depth of TPG's relationships, the company's broad portfolio of contracts suggests a diverse client base. This diversity reduces dependency risks, but the absence of recent contracts and specific agency clients may indicate a need for stronger ties with key federal agencies.

What are the risks of relying on TECHNICAL PRODUCTS GROUP INCORPORATED?

The risks of relying on TECHNICAL PRODUCTS GROUP INCORPORATED include the lack of recent contracts and specific agency clients, which may indicate a potential shift in focus or a need for strategic realignment. Additionally, the absence of sole-source contracts suggests that the company relies heavily on competitive bidding, which may limit its ability to secure contracts quickly in times of urgency. However, the company's strong market position and consistent track record of delivering value to the federal government provide some assurance.

How does TECHNICAL PRODUCTS GROUP INCORPORATED compare to similar contractors?

TECHNICAL PRODUCTS GROUP INCORPORATED holds a strong market position in the federal contracting sector, primarily through competitive bidding. The company's consistent track record of securing large-scale contracts suggests a robust capability in delivering high-value solutions to the federal government. However, the lack of recent contracts and specific agency clients indicates a potential need for strategic realignment to maintain its competitive edge and ensure continued success in the federal contracting landscape. Compared to similar contractors, TPG's focus on high-tech solutions and IT services aligns with the federal government's priorities, providing a competitive advantage in the market.

Recent Federal Contracts

Technical Products Group Incorporated has 3 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
DoD awards $245M for Analytical Laboratory Instruments to Technical Products ...Department of Defense$245.3MN/A
DoD awards $196.6M for Chemical Analysis Instruments, raising concerns about ...Department of Defense$49.7MN/A
DoD awards $30M for shelter and ship systems to Technical Products Group Inc.Department of Defense$30.0MN/A

Related Pages