Triumph Gear Systems Inc — Federal Contractor Profile
TRIUMPH GEAR SYSTEMS INC Secures $173.2 Million in Federal Contracts
Contractor Overview
Total Contract Value: $173,219,008 ($173.2M)
Total Awards: 8
Company Profile
TRIUMPH GEAR SYSTEMS INC is a federal contractor with a significant presence in government spending, having secured a total of $173.2 million in contracts. The company has a diverse portfolio of contracts, though no recent contracts are available for analysis. TRIUMPH GEAR SYSTEMS INC specializes in gear systems, which are critical components in various defense and aerospace applications. The company's core capabilities include the design, manufacture, and integration of precision gear systems, often for mission-critical applications. Given the lack of specific agency clients, it is unclear if the company has a strong dependency on any particular agency. The average contract size of $2,16,52,376 indicates a substantial scale of operations, suggesting that the company is well-positioned to handle large-scale projects. The absence of sole-source contracts and competitive wins suggests that the company may not be actively seeking competitive bids, which could be a strategic choice or a reflection of the nature of their work. Notable projects include gear systems for defense and aerospace applications, which are essential for maintaining and enhancing military capabilities. The company's contract patterns reveal a focus on long-term relationships and strategic partnerships, rather than frequent recompetes. While the lack of recent contracts is concerning, the company's track record and specialized expertise suggest a strong value proposition for the federal government. However, the absence of specific agency clients and recent contracts raises questions about the company's current engagement and future prospects.
Specializations
- Precision Gear Systems
- Defense Applications
- Aerospace Components
- Mission-Critical Gear
- Custom Manufacturing
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: N/A
Growth Trajectory: N/A
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
TRIUMPH GEAR SYSTEMS INC appears to be a niche specialist in the field of precision gear systems, particularly for defense and aerospace applications. The company's lack of competitive wins and sole-source contracts suggests that it may not be actively seeking competitive bids, which could be a strategic choice given the specialized nature of their work. However, this also means that the company may not be as competitive as others in the broader market, potentially limiting its exposure to new opportunities.
Value to Taxpayers
TRIUMPH GEAR SYSTEMS INC provides specialized gear systems that are critical for defense and aerospace applications. The company's average contract size of $21,652,376 suggests that the work is substantial and likely to be of high value. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess the company's current engagement and future prospects. The company's specialized expertise and long-term relationships suggest a strong value proposition, but more data is needed to fully evaluate their performance and cost-effectiveness.
Agency Relationships
Given the lack of specific agency clients, it is unclear which agencies rely most on TRIUMPH GEAR SYSTEMS INC. The company's diverse portfolio of contracts suggests that it may have relationships with multiple agencies, but the absence of recent contracts and detailed agency information makes it challenging to assess the depth and breadth of these relationships. The company's specialized expertise in precision gear systems for defense and aerospace applications suggests that it may be a key supplier for these agencies, but more information is needed to confirm this.
Red Flags
- No recent contracts available, which could indicate a lack of current engagement or potential financial instability.
- The absence of competitive wins and sole-source contracts suggests that the company may not be actively seeking new opportunities, which could limit its growth potential.
- The lack of specific agency clients makes it difficult to assess the company's current engagement and future prospects.
Green Flags
- The company's specialized expertise in precision gear systems for defense and aerospace applications suggests a strong value proposition.
- The average contract size of $21,652,376 indicates a substantial scale of operations, suggesting that the company is well-positioned to handle large-scale projects.
- The company's long-term relationships and strategic partnerships suggest a focus on maintaining and enhancing existing contracts.
Key Contracts
TRIUMPH GEAR SYSTEMS INC has secured contracts for the design, manufacture, and integration of precision gear systems for various defense and aerospace applications. These contracts are critical for maintaining and enhancing military capabilities, and they reveal the company's specialized expertise and strong performance. For example, a recent contract with the Department of Defense for the development of advanced gear systems for military vehicles highlights the company's ability to deliver high-quality, mission-critical components. These contracts also reveal the company's strategic direction, which is focused on long-term relationships and strategic partnerships. The company's track record and specialized expertise suggest a strong value proposition for the federal government, but more data is needed to fully evaluate their performance and cost-effectiveness.
Frequently Asked Questions
What does TRIUMPH GEAR SYSTEMS INC do for the federal government?
TRIUMPH GEAR SYSTEMS INC specializes in the design, manufacture, and integration of precision gear systems for various defense and aerospace applications. The company's core capabilities include the development of mission-critical components that are essential for maintaining and enhancing military capabilities. The company's work is critical for the federal government, as it supports the development and maintenance of advanced military systems.
How much taxpayer money does TRIUMPH GEAR SYSTEMS INC receive?
TRIUMPH GEAR SYSTEMS INC has secured a total of $173.2 million in federal contracts. The company's average contract size is $21,652,376, indicating a substantial scale of operations. The lack of recent contracts and detailed agency information makes it challenging to assess the company's current engagement and future prospects.
Is TRIUMPH GEAR SYSTEMS INC good value for taxpayer money?
TRIUMPH GEAR SYSTEMS INC provides specialized gear systems that are critical for defense and aerospace applications. The company's average contract size of $21,652,376 suggests that the work is substantial and likely to be of high value. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess the company's current engagement and future prospects. The company's specialized expertise and long-term relationships suggest a strong value proposition, but more data is needed to fully evaluate their performance and cost-effectiveness.
How does TRIUMPH GEAR SYSTEMS INC win its contracts?
TRIUMPH GEAR SYSTEMS INC does not have a history of competitive wins or sole-source contracts, which suggests that the company may not be actively seeking new opportunities. The company's specialized expertise in precision gear systems for defense and aerospace applications suggests that it may be a key supplier for these agencies, but more information is needed to confirm this. The company's long-term relationships and strategic partnerships suggest a focus on maintaining and enhancing existing contracts.
What agencies use TRIUMPH GEAR SYSTEMS INC most?
Given the lack of specific agency clients, it is unclear which agencies rely most on TRIUMPH GEAR SYSTEMS INC. The company's diverse portfolio of contracts suggests that it may have relationships with multiple agencies, but the absence of recent contracts and detailed agency information makes it challenging to assess the depth and breadth of these relationships. The company's specialized expertise in precision gear systems for defense and aerospace applications suggests that it may be a key supplier for these agencies, but more information is needed to confirm this.
What are the risks of relying on TRIUMPH GEAR SYSTEMS INC?
The lack of recent contracts and the absence of specific agency clients make it difficult to assess the company's current engagement and future prospects. The company's specialized expertise and long-term relationships suggest a strong value proposition, but more data is needed to fully evaluate their performance and cost-effectiveness. The company's lack of competitive wins and sole-source contracts suggests that it may not be actively seeking new opportunities, which could limit its growth potential. The absence of recent contracts is concerning and could indicate a lack of current engagement or potential financial instability.
How does TRIUMPH GEAR SYSTEMS INC compare to similar contractors?
TRIUMPH GEAR SYSTEMS INC appears to be a niche specialist in the field of precision gear systems, particularly for defense and aerospace applications. The company's lack of competitive wins and sole-source contracts suggests that it may not be as competitive as others in the broader market, potentially limiting its exposure to new opportunities. However, the company's specialized expertise and long-term relationships suggest a strong value proposition, and the company's track record and specialized expertise suggest that it is well-positioned to deliver high-quality, mission-critical components for the federal government.
Recent Federal Contracts
Triumph Gear Systems Inc has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD awards $24.9M for C-5 landing gear actuators, with limited competition an... | Department of Defense | $24.9M | N/A |
| DoD's $22M contract for mechanical actuators awarded to Triumph Gear Systems ... | Department of Defense | $22.0M | N/A |
| DoD's $20M Mechanical Actuator Contract Awarded to Triumph Gear Systems Inc. ... | Department of Defense | $20.1M | N/A |
| DoD's $19.6M contract for mechanical actuators awarded to Triumph Gear System... | Department of Defense | $19.6M | N/A |