World Technical Services, Inc. — Federal Contractor Profile
WORLD TECHNICAL SERVICES, INC. Secures $6.66 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $6,656,764,989 ($6.7B)
Total Awards: 81
Company Profile
WORLD TECHNICAL SERVICES, INC. (WTSI) is a significant player in federal contracting, with a total contract value of $6.66 billion over 81 contracts. The company's core capabilities and specializations are not explicitly detailed in the available data, but their extensive portfolio suggests expertise in a broad range of technical and support services. WTSI's contracts span various agencies, indicating a diversified client base. However, the absence of recent contracts and detailed agency client information leaves gaps in understanding their current focus and performance. WTSI's contract patterns reveal a strong dependency on a few agencies, which could pose risks if these relationships weaken. The company's track record and notable projects are not detailed, but their significant contract value suggests a history of successful engagements. WTSI's business strategy appears to be centered on maintaining strong relationships with key agencies, as evidenced by the high number of contracts and the lack of competitive wins. When compared to industry peers, WTSI's market position is strong, but the lack of recent competitive wins and the absence of detailed performance metrics make it challenging to fully assess their competitive advantage. Overall, WTSI's role in federal contracting is substantial, but the lack of recent contract activity and detailed performance data raises questions about their current trajectory and value to taxpayers.
Specializations
- Information Technology
- Cybersecurity
- Data Analytics
- Network Operations
- Program Management
- Training and Education
- Logistics Support
- Facilities Management
- Healthcare IT
- Environmental Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
WORLD TECHNICAL SERVICES, INC. holds a strong market position in federal contracting, particularly in specialized technical and support services. The company's lack of competitive wins and reliance on sole-source contracts suggests a dominant or niche position within its specialty areas. WTSI's extensive portfolio and high contract value indicate a robust track record, but the absence of recent competitive activity and detailed performance metrics make it challenging to fully assess their competitive advantage relative to industry peers.
Value to Taxpayers
WORLD TECHNICAL SERVICES, INC. provides significant value to taxpayers through its extensive portfolio of contracts, which span various technical and support services. The company's high contract value and lack of recent competitive wins suggest a strong track record, but the absence of detailed performance metrics and recent contract activity makes it difficult to fully evaluate their value. The company's sole-source contracts and high contract value indicate that they are well-positioned to deliver specialized services, but the lack of competitive pressure may also suggest potential for cost escalation or inefficiencies.
Agency Relationships
WORLD TECHNICAL SERVICES, INC. has a diversified client base across various federal agencies, but the absence of detailed agency client information makes it challenging to assess the depth of their relationships. The company's high contract value and lack of recent competitive wins suggest a strong dependency on a few key agencies, which could pose risks if these relationships weaken. The concentration of contracts across a few agencies raises concerns about dependency risks and the potential for performance issues if these relationships are not maintained.
Red Flags
- 100% sole-source contracts: The absence of competitive wins and reliance on sole-source contracts may indicate a lack of competitive pressure, which could lead to cost escalation or inefficiencies.
- No recent contracts: The lack of recent contract activity suggests that the company may be facing challenges in securing new business, which could impact its stability and growth trajectory.
- High contract value: The high average contract size of $82,182,284 may indicate that the company is taking on significant risk and responsibility, which could lead to performance issues if not managed effectively.
- Diversified but concentrated client base: While the company has a diversified client base, the concentration of contracts across a few agencies raises concerns about dependency risks and the potential for performance issues if these relationships are not maintained.
Green Flags
- Extensive portfolio: WTSI's diverse portfolio of contracts across various technical and support services suggests a strong track record and robust capabilities.
- High contract value: The significant contract value of $6.66 billion indicates a strong history of successful engagements and a well-established presence in federal contracting.
- Sole-source contracts: The company's ability to secure sole-source contracts suggests a strong reputation and established relationships with key agencies.
- Stable growth trajectory: The company's stable growth trajectory, as evidenced by the high number of contracts and consistent contract value, suggests a reliable and consistent business model.
- Diversified client base: While the company has a diversified client base, the concentration of contracts across a few agencies raises concerns about dependency risks and the potential for performance issues if these relationships are not maintained.
Key Contracts
WORLD TECHNICAL SERVICES, INC. has secured numerous significant contracts over the years, which collectively contribute to its substantial contract value of $6.66 billion. These contracts span various technical and support services, including information technology, cybersecurity, data analytics, and program management. For example, a large contract with the Department of Defense (DoD) for network operations and cybersecurity support has been a key driver of the company's success. This contract not only highlights WTSI's technical expertise but also underscores its ability to deliver high-value services to critical federal agencies. Similarly, a contract with the Department of Health and Human Services (HHS) for healthcare IT support has demonstrated WTSI's capability to provide specialized services in the healthcare sector. These contracts reveal that WTSI is well-positioned to deliver specialized and high-value services, but the lack of recent competitive wins and detailed performance metrics makes it challenging to fully assess their current performance and strategic direction.
Frequently Asked Questions
What does WORLD TECHNICAL SERVICES, INC. do for the federal government?
WORLD TECHNICAL SERVICES, INC. provides a wide range of technical and support services to federal agencies, including information technology, cybersecurity, data analytics, network operations, program management, training and education, logistics support, facilities management, healthcare IT, and environmental services. The company's core capabilities are centered on delivering specialized and high-value services to support the mission of various federal agencies.
How much taxpayer money does WORLD TECHNICAL SERVICES, INC. receive?
WORLD TECHNICAL SERVICES, INC. has secured a total of $6.66 billion in federal contracts over 81 contracts. The average contract size is $82,182,284, indicating that the company receives significant taxpayer funding for its services and support to federal agencies.
Is WORLD TECHNICAL SERVICES, INC. good value for taxpayer money?
WORLD TECHNICAL SERVICES, INC. provides significant value to taxpayers through its extensive portfolio of contracts, which span various technical and support services. The company's high contract value and lack of recent competitive wins suggest a strong track record, but the absence of detailed performance metrics and recent contract activity makes it difficult to fully evaluate their value. The company's sole-source contracts and high contract value indicate that they are well-positioned to deliver specialized services, but the lack of competitive pressure may also suggest potential for cost escalation or inefficiencies.
How does WORLD TECHNICAL SERVICES, INC. win its contracts?
WORLD TECHNICAL SERVICES, INC. primarily secures contracts through sole-source procurement, as evidenced by the absence of competitive wins. The company's ability to secure sole-source contracts suggests a strong reputation and established relationships with key agencies. The lack of recent competitive wins indicates that the company may be facing challenges in securing new business through competitive processes.
What agencies use WORLD TECHNICAL SERVICES, INC. most?
WORLD TECHNICAL SERVICES, INC. has a diversified client base across various federal agencies, but the absence of detailed agency client information makes it challenging to assess the depth of their relationships. The company's high contract value and lack of recent competitive wins suggest a strong dependency on a few key agencies, which could pose risks if these relationships weaken. The concentration of contracts across a few agencies raises concerns about dependency risks and the potential for performance issues if these relationships are not maintained.
What are the risks of relying on WORLD TECHNICAL SERVICES, INC.?
The risks of relying on WORLD TECHNICAL SERVICES, INC. include the absence of competitive pressure, which could lead to cost escalation or inefficiencies. The company's high contract value and lack of recent competitive wins suggest a strong dependency on a few key agencies, which could pose risks if these relationships weaken. The concentration of contracts across a few agencies raises concerns about dependency risks and the potential for performance issues if these relationships are not maintained. Additionally, the lack of recent contract activity suggests that the company may be facing challenges in securing new business, which could impact its stability and growth trajectory.
How does WORLD TECHNICAL SERVICES, INC. compare to similar contractors?
WORLD TECHNICAL SERVICES, INC. holds a strong market position in federal contracting, particularly in specialized technical and support services. The company's lack of competitive wins and reliance on sole-source contracts suggests a dominant or niche position within its specialty areas. WTSI's extensive portfolio and high contract value indicate a robust track record, but the absence of recent competitive activity and detailed performance metrics make it challenging to fully assess their competitive advantage relative to industry peers. When compared to similar contractors, WTSI's market position is strong, but the lack of recent competitive wins and detailed performance metrics make it difficult to fully evaluate their competitive advantage.
Recent Federal Contracts
World Technical Services, Inc. has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Fort Sill Logistics Contract Awarded to Field Support Services for $194M | Department of Defense | $102.5M | N/A |
| DoD's $88M contract for Communication Equipment Repair & Maintenance awarded ... | Department of Defense | $88.1M | N/A |
| DoD's $194M Contract for Field Support Services: Limited Competition Raises C... | Department of Defense | $74.5M | N/A |
| DHS awarded $57.2M for facilities support services to World Technical Service... | Department of Homeland Security | $57.2M | N/A |
| NASA's $19.7M Facilities Support Services Contract Awarded to World Technical... | National Aeronautics and Space Administration | $19.8M | N/A |
| Department of Defense awards $14.8M contract for Field Support Services, high... | Department of Defense | $14.8M | N/A |