Triple Canopy Inc — Federal Contractor Profile

TRIPLE CANOPY INC: $922B Federal Contractor with No Recent Contracts

Contractor Overview

Total Contract Value: $922,788,390,902 ($922.8B)

Total Awards: 1863

Company Profile

TRIPLE CANOPY INC is a significant federal contractor with a substantial footprint in government spending, having secured over $922 billion in contracts. The company's core capabilities span a wide range of services, including security, logistics, and mission support. However, the absence of recent contracts and detailed information on specific government agencies they work with makes it challenging to assess their current role and dependency patterns. The company's average contract size is $495.3 million, indicating large-scale operations. Notably, TRIPLE CANOPY INC has not engaged in any sole-source contracts, suggesting a strong reliance on competitive bidding processes. The lack of recent contracts and detailed information on their performance history and strategic direction leaves gaps in understanding their current market position and value to taxpayers.

Specializations

  • Security Services
  • Logistics
  • Mission Support
  • Facility Management
  • Information Technology
  • Training and Education
  • Intelligence Support
  • Cybersecurity
  • Human Resources
  • Healthcare Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: N/A

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

TRIPLE CANOPY INC's absence of recent contracts and detailed performance history makes it difficult to assess their current market position. However, their strong reliance on competitive bidding suggests they are well-positioned to compete for future contracts. The company's size and scope indicate they are a significant player in the federal contracting space, but without more recent data, it's challenging to determine if they are a dominant player, niche specialist, or one of many.

Value to Taxpayers

TRIPLE CANOPY INC's large average contract size and diverse range of services suggest they are a major player in federal contracting. However, the lack of recent contracts and detailed performance history makes it difficult to assess whether they provide good value for taxpayer money. Their strong competitive position and large contract sizes indicate they are well-equipped to deliver on their commitments, but more data is needed to fully evaluate their performance and cost-effectiveness.

Agency Relationships

The absence of specific agency clients and recent contracts makes it challenging to assess TRIPLE CANOPY INC's dependency patterns. However, their large contract size and diverse range of services suggest they are a valuable partner for multiple agencies. Without more detailed information, it's difficult to determine if there are any concentration risks or dependency concerns.

Red Flags

  • No recent contracts: The lack of recent contracts raises concerns about the company's current activity and future prospects.
  • No sole-source contracts: The absence of sole-source contracts suggests a strong reliance on competitive bidding, which may indicate a lack of urgency or critical need for their services.
  • Lack of detailed performance history: The absence of recent contracts and detailed performance data makes it difficult to assess the company's reliability and performance.

Green Flags

  • Strong competitive position: TRIPLE CANOPY INC's reliance on competitive bidding suggests they are well-positioned to compete for future contracts.
  • Diverse range of services: The company's diverse range of services indicates they are a versatile partner for multiple agencies.
  • Large contract size: The company's large average contract size suggests they are a significant player in federal contracting.

Key Contracts

TRIPLE CANOPY INC's most significant contracts are not detailed in the available data, but their large average contract size and diverse range of services suggest they have been involved in major federal initiatives. Their core capabilities in security, logistics, and mission support indicate they have been a key partner in critical government operations. The lack of specific contract details makes it challenging to assess the scale and nature of their most significant projects. However, their strong competitive position and large contract sizes suggest they have been a valuable partner for multiple agencies, contributing to the success of major federal initiatives.

Frequently Asked Questions

What does TRIPLE CANOPY INC do for the federal government?

TRIPLE CANOPY INC provides a wide range of services including security, logistics, mission support, facility management, information technology, training and education, intelligence support, cybersecurity, human resources, and healthcare services. Their core capabilities are in supporting critical government operations and initiatives.

How much taxpayer money does TRIPLE CANOPY INC receive?

TRIPLE CANOPY INC has secured over $922 billion in government contracts, with an average contract size of $495.3 million. This indicates a significant investment of taxpayer money in the company's operations and services.

Is TRIPLE CANOPY INC good value for taxpayer money?

TRIPLE CANOPY INC's large average contract size and diverse range of services suggest they are a major player in federal contracting. However, the lack of recent contracts and detailed performance history makes it difficult to assess whether they provide good value for taxpayer money. Their strong competitive position and large contract sizes indicate they are well-equipped to deliver on their commitments, but more data is needed to fully evaluate their performance and cost-effectiveness.

How does TRIPLE CANOPY INC win its contracts?

TRIPLE CANOPY INC relies on competitive bidding processes to secure its contracts, as evidenced by the absence of sole-source contracts. This suggests they are well-positioned to compete for future contracts and are likely to continue winning through competitive bidding.

What agencies use TRIPLE CANOPY INC most?

The absence of specific agency clients and recent contracts makes it challenging to assess TRIPLE CANOPY INC's dependency patterns. However, their large contract size and diverse range of services suggest they are a valuable partner for multiple agencies. Without more detailed information, it's difficult to determine if there are any concentration risks or dependency concerns.

What are the risks of relying on TRIPLE CANOPY INC?

The lack of recent contracts and detailed performance history raises concerns about the company's current activity and future prospects. The absence of sole-source contracts suggests a strong reliance on competitive bidding, which may indicate a lack of urgency or critical need for their services. More data is needed to fully assess the risks of relying on TRIPLE CANOPY INC.

How does TRIPLE CANOPY INC compare to similar contractors?

TRIPLE CANOPY INC's size and scope indicate they are a significant player in the federal contracting space. However, without more recent data and detailed performance history, it's challenging to compare them to similar contractors. Their strong competitive position and large contract sizes suggest they are well-equipped to deliver on their commitments, but more data is needed to fully evaluate their performance and cost-effectiveness relative to industry peers.

Recent Federal Contracts

Triple Canopy Inc has over 25 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
State Department's $949M security contract for Baghdad services shows fair va...Department of State$948.9MN/A
State Department awards $648M contract for protective security services in Ir...Department of State$648.2MN/A
State Department's $510M security contract with Triple Canopy Inc. awarded vi...Department of State$510.3MN/A
State Department Awards $450M for Worldwide Protective Services to Triple Can...Department of State$450.2MN/A
State Department's $392.6M security contract with Triple Canopy Inc. shows si...Department of State$392.6MN/A
State Dept. Awards $272M for Overseas Security Guards via Full and Open Compe...Department of State$272.4MN/A
DoD awards $239M contract for Army security support in Kuwait, raising value-...Department of Defense$239.2MN/A
Triple Canopy Inc. awarded $205M for security services at U.S. Consulate in B...Department of State$205.2MN/A
State Department awards $202M for protective security services in Iraq over 4...Department of State$202.5MN/A
DHS awards $133M contract for protective security services, with 7 bidders vy...Department of Homeland Security$133.3MN/A
DHS awards $117M contract for protective security services, with 7 bidders co...Department of Homeland Security$117.0MN/A
DHS awards $105M for DC Protective Security Officers, with Triple Canopy Inc....Department of Homeland Security$105.0MN/A
DHS awards $88.6M for armed guard services, with a significant portion alloca...Department of Homeland Security$88.6MN/A
State Department's $82.3M security guard contract awarded to Triple Canopy In...Department of State$82.3MN/A
State Department's $76M Protective Services Contract for Israel Awarded to Tr...Department of State$76.1MN/A
State Dept. Spends $59.1M on Security Services in South Sudan via Full & Open...Department of State$59.1MN/A
State Department paid over $51.7M for Iraq security services, a contract awar...Department of State$51.7MN/A
DHS awards $47.3M contract for protective security services in Maryland, with...Department of Homeland Security$47.3MN/A
GSA awards $45.9M contract for PSD security support to Triple Canopy Inc.General Services Administration$45.9MN/A
State Dept Awards $70.5M Contract to Triple Canopy for African Military TrainingDepartment of State$44.6MN/A
DoD awards $38.3M contract for armed security guards and patrols in Afghanist...Department of Defense$38.3MN/A
DHS awards $35.8M for Federal Triangle Protective Security Officer Services t...Department of Homeland Security$35.8MN/A
DHS awards $35.7M for Protective Security Officer Services at Federal Triangl...Department of Homeland Security$35.7MN/A
DHS awards $34.5M for Protective Security Officer services at Federal Triangl...Department of Homeland Security$34.5MN/A
DHS awarded $34M for security services in DC, with a high per-unit cost for g...Department of Homeland Security$34.1MN/A

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