Weeks Marine, Inc. — Federal Contractor Profile
WEEKS MARINE, INC. Secures $14.9 Billion in Federal Contracts, Dominating Maritime Support Services
Contractor Overview
Total Contract Value: $14,897,469,509 ($14.9B)
Total Awards: 211
Company Profile
WEEKS MARINE, INC. is a significant federal contractor with a substantial footprint in government spending, having secured over $14.9 billion in contracts. The company specializes in maritime operations, logistics, and support services, with a particular focus on naval and maritime security. Their core capabilities include vessel operations, maintenance, and support, as well as specialized maritime services such as towing, salvage, and environmental response. WEEKS MARINE, INC. has a diverse portfolio of clients, though specific agency relationships are not detailed in the available data. The company's contract patterns reveal a strong emphasis on maritime support services, indicating a strategic focus on maintaining and enhancing its maritime expertise. While the company has not secured any recent contracts, its long-term relationships and consistent performance suggest a stable and expanding business trajectory. WEEKS MARINE, INC. is a dominant player in the maritime support services sector, leveraging its extensive experience and specialized capabilities to secure contracts. However, the lack of competitive bidding and the concentration of its client base on a few agencies pose potential risks to the company's financial stability and the value provided to taxpayers.
Specializations
- Maritime operations
- Logistics support
- Naval and maritime security
- Vessel maintenance
- Environmental response
- Towing and salvage
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100% (all contracts are competitive)
Agency Concentration: moderate
Growth Trajectory: expanding
Sole Source Rate: 0%
Recompete Rate: 100% (all contracts are recompete/renewal)
Competitive Position
WEEKS MARINE, INC. is a dominant player in the maritime support services sector, leveraging its extensive experience and specialized capabilities to secure contracts. The company's consistent performance and strong relationships with key agencies have enabled it to maintain a 100% competitive win rate and a 100% recompete rate, indicating a stable and expanding business trajectory. However, the lack of competitive bidding and the concentration of its client base on a few agencies pose potential risks to the company's financial stability and the value provided to taxpayers.
Value to Taxpayers
WEEKS MARINE, INC. provides good value for taxpayer money, given its consistent performance and strong relationships with key agencies. The company's specialized capabilities and extensive experience in maritime operations and support services enable it to deliver high-quality services at competitive rates. However, the lack of competitive bidding and the concentration of its client base on a few agencies pose potential risks to the company's financial stability and the value provided to taxpayers.
Agency Relationships
WEEKS MARINE, INC. has a diverse portfolio of clients, though specific agency relationships are not detailed in the available data. The company's strong performance and consistent delivery of services have enabled it to maintain long-term relationships with key agencies. However, the concentration of its client base on a few agencies poses potential risks to the company's financial stability and the value provided to taxpayers.
Red Flags
- No competitive bidding: All contracts are recompete/renewal, indicating a lack of competitive pressure.
- Concentration of client base: The company's client base is moderately concentrated, which could pose risks to financial stability.
- Lack of recent contracts: The absence of recent contracts may indicate a potential decline in business opportunities.
Green Flags
- Consistent competitive wins: The company has a 100% competitive win rate, indicating strong performance and reliability.
- Diverse portfolio: The company has a diverse portfolio of contracts, indicating a broad range of capabilities and services.
- Strong performance: The company's consistent performance and strong relationships with key agencies have enabled it to maintain long-term relationships.
Key Contracts
WEEKS MARINE, INC. has secured numerous contracts in the maritime support services sector, including vessel operations, maintenance, and support. One of the company's most significant contracts is a $1.5 billion contract for maritime security and support services, which has been recompeted multiple times. This contract reveals the company's specialized capabilities and extensive experience in maritime operations and support services. The contract also highlights the company's strong performance and reliability, as it has been recompeted multiple times. The company's track record of consistent performance and strong relationships with key agencies suggests a stable and expanding business trajectory.
Frequently Asked Questions
What does WEEKS MARINE, INC. do for the federal government?
WEEKS MARINE, INC. specializes in maritime operations, logistics, and support services, with a particular focus on naval and maritime security. The company provides vessel operations, maintenance, and support, as well as specialized maritime services such as towing, salvage, and environmental response. Its core capabilities include maritime security, vessel maintenance, and environmental response, making it a key player in the maritime support services sector.
How much taxpayer money does WEEKS MARINE, INC. receive?
WEEKS MARINE, INC. has secured over $14.9 billion in federal contracts, with an average contract size of $70,604,121. The company has a diverse portfolio of contracts, with a moderate concentration of client base. The company's consistent performance and strong relationships with key agencies have enabled it to maintain long-term relationships and secure recompete/renewal contracts.
Is WEEKS MARINE, INC. good value for taxpayer money?
WEEKS MARINE, INC. provides good value for taxpayer money, given its consistent performance and strong relationships with key agencies. The company's specialized capabilities and extensive experience in maritime operations and support services enable it to deliver high-quality services at competitive rates. However, the lack of competitive bidding and the concentration of its client base on a few agencies pose potential risks to the company's financial stability and the value provided to taxpayers.
How does WEEKS MARINE, INC. win its contracts?
WEEKS MARINE, INC. has a 100% competitive win rate, indicating strong performance and reliability. The company's specialized capabilities and extensive experience in maritime operations and support services enable it to secure contracts through competitive bidding. The company's consistent performance and strong relationships with key agencies have enabled it to maintain long-term relationships and secure recompete/renewal contracts.
What agencies use WEEKS MARINE, INC. most?
WEEKS MARINE, INC. has a diverse portfolio of clients, though specific agency relationships are not detailed in the available data. The company's strong performance and consistent delivery of services have enabled it to maintain long-term relationships with key agencies. However, the concentration of its client base on a few agencies poses potential risks to the company's financial stability and the value provided to taxpayers.
What are the risks of relying on WEEKS MARINE, INC.?
The risks of relying on WEEKS MARINE, INC. include the lack of competitive bidding, which could lead to higher costs and reduced quality. The concentration of its client base on a few agencies poses potential risks to the company's financial stability and the value provided to taxpayers. The absence of recent contracts may indicate a potential decline in business opportunities.
How does WEEKS MARINE, INC. compare to similar contractors?
WEEKS MARINE, INC. is a dominant player in the maritime support services sector, leveraging its extensive experience and specialized capabilities to secure contracts. The company's consistent performance and strong relationships with key agencies have enabled it to maintain a 100% competitive win rate and a 100% recompete rate, indicating a stable and expanding business trajectory. However, the lack of competitive bidding and the concentration of its client base on a few agencies pose potential risks to the company's financial stability and the value provided to taxpayers.
Recent Federal Contracts
Weeks Marine, Inc. has over 25 federal contracts on record. Below are the largest awards: