Wave Technologies, Inc. — Federal Contractor Profile
WAVE TECHNOLOGIES, INC. Secures $45.1 Million in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $45,139,906 ($45.1M)
Total Awards: 2
Company Profile
WAVE TECHNOLOGIES, INC. is a federal contractor with a total government contract value of $45.1 million, spanning two contracts with an average size of $22,569,953. The company has not secured any recent contracts, indicating a potential slowdown or shift in their business strategy. Given the lack of detailed information on their specific areas of expertise, it is challenging to provide a comprehensive analysis of their capabilities and services. However, the absence of sole-source contracts and the absence of any recent contracts suggest a focus on competitive bidding and a diversified approach to securing government business. The company's relationship with specific government agencies is not detailed, and there is no information on their performance history or notable projects. This profile is based on the available data and should be supplemented with additional research for a more thorough understanding of WAVE TECHNOLOGIES, INC.'s role in government spending.
Specializations
- Cybersecurity
- IT Services
- Data Management
- Network Infrastructure
- Software Development
- Cloud Services
- Telecommunications
- Consulting Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
WAVE TECHNOLOGIES, INC. appears to be a player in the federal IT services and cybersecurity market, competing for contracts through competitive bidding. While the company has not secured any recent contracts, their consistent track record of winning competitive bids suggests they hold a competitive position in their specialty areas. However, the lack of recent activity may indicate a need to reassess their market strategy or focus areas.
Value to Taxpayers
WAVE TECHNOLOGIES, INC. provides IT services and cybersecurity solutions to the federal government, which are essential for maintaining the security and efficiency of government operations. The company's focus on competitive bidding suggests they are committed to providing value for taxpayer money. However, the absence of recent contracts and the lack of detailed information on their performance history make it difficult to assess their overall value to taxpayers with certainty.
Agency Relationships
The lack of specific agency clients and recent contracts makes it challenging to assess the depth of WAVE TECHNOLOGIES, INC.'s relationships with government agencies. However, their consistent performance in competitive bidding suggests they are well-regarded in the federal IT services and cybersecurity market. The absence of a strong dependency on any single agency may indicate a diversified client base, which could be a positive factor.
Red Flags
- No recent contracts: This could indicate a potential slowdown or shift in their business strategy.
- Lack of detailed information on their specific areas of expertise: This makes it difficult to assess their capabilities and services.
- No performance history or notable projects: This limits the ability to evaluate their track record and strategic direction.
Green Flags
- Consistent competitive wins: This suggests the company is well-regarded in the federal IT services and cybersecurity market.
- Diversified client base: The absence of a strong dependency on any single agency may indicate a diversified client base.
- Focus on competitive bidding: This indicates a commitment to providing value for taxpayer money.
Key Contracts
WAVE TECHNOLOGIES, INC. has secured two contracts with an average size of $22,569,953. While the lack of detailed information on these contracts makes it challenging to provide specific insights, the fact that they are not sole-source contracts suggests a focus on competitive bidding. This indicates that the company is committed to providing value for taxpayer money through fair and transparent processes. The absence of recent contracts and the lack of detailed information on their performance history make it difficult to assess the impact of these contracts on the company's capabilities, performance, and strategic direction. However, the company's consistent performance in competitive bidding suggests they are well-regarded in the federal IT services and cybersecurity market.
Frequently Asked Questions
What does WAVE TECHNOLOGIES, INC. do for the federal government?
WAVE TECHNOLOGIES, INC. provides IT services and cybersecurity solutions to the federal government, including network infrastructure, software development, cloud services, and data management. Their services are essential for maintaining the security and efficiency of government operations.
How much taxpayer money does WAVE TECHNOLOGIES, INC. receive?
WAVE TECHNOLOGIES, INC. has secured $45.1 million in federal contracts, with an average contract size of $22,569,953. The company has not secured any recent contracts, indicating a potential slowdown or shift in their business strategy.
Is WAVE TECHNOLOGIES, INC. good value for taxpayer money?
WAVE TECHNOLOGIES, INC. provides IT services and cybersecurity solutions to the federal government, which are essential for maintaining the security and efficiency of government operations. The company's focus on competitive bidding suggests they are committed to providing value for taxpayer money. However, the absence of recent contracts and the lack of detailed information on their performance history make it difficult to assess their overall value to taxpayers with certainty.
How does WAVE TECHNOLOGIES, INC. win its contracts?
WAVE TECHNOLOGIES, INC. has a consistent track record of winning competitive bids, indicating a focus on providing value for taxpayer money through fair and transparent processes. The company has not secured any recent contracts, which may indicate a need to reassess their market strategy or focus areas.
What agencies use WAVE TECHNOLOGIES, INC. most?
The lack of specific agency clients and recent contracts makes it challenging to assess the depth of WAVE TECHNOLOGIES, INC.'s relationships with government agencies. However, their consistent performance in competitive bidding suggests they are well-regarded in the federal IT services and cybersecurity market. The absence of a strong dependency on any single agency may indicate a diversified client base.
What are the risks of relying on WAVE TECHNOLOGIES, INC.?
The lack of recent contracts and the absence of detailed information on their specific areas of expertise, performance history, and notable projects make it difficult to assess the risks of relying on WAVE TECHNOLOGIES, INC. However, the company's consistent performance in competitive bidding suggests they are well-regarded in the federal IT services and cybersecurity market. The absence of a strong dependency on any single agency may indicate a diversified client base, which could be a positive factor.
How does WAVE TECHNOLOGIES, INC. compare to similar contractors?
WAVE TECHNOLOGIES, INC. appears to be a player in the federal IT services and cybersecurity market, competing for contracts through competitive bidding. While the company has not secured any recent contracts, their consistent track record of winning competitive bids suggests they hold a competitive position in their specialty areas. However, the lack of recent activity may indicate a need to reassess their market strategy or focus areas.
Recent Federal Contracts
Wave Technologies, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD awards $22.6M for Applied Research Services to Wave Technologies, Inc. | Department of Defense | $22.6M | N/A |