Xtar LLC — Federal Contractor Profile
XTAR LLC Secures $137.8 Million in Federal Contracts, No Sole-Source Awards
Contractor Overview
Total Contract Value: $137,771,615 ($137.8M)
Total Awards: 6
Company Profile
XTAR LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $137.8 million. The company operates with a diverse portfolio of contracts, averaging $2,29,61,936 per contract. Notably, XTAR has not engaged in any sole-source contracts, indicating a strong reliance on competitive bidding processes. However, the absence of recent contracts suggests a potential shift in their business strategy or challenges in securing new contracts. The company's top agency clients are not specified, but their lack of concentration on a single agency suggests a diversified client base. XTAR's track record includes notable projects, such as support for national security initiatives, but the absence of recent contracts raises questions about their current market position and future outlook. XTAR's business strategy appears to focus on maintaining a competitive edge through robust bidding processes, although the lack of recent contracts may indicate challenges in this area. When compared to industry peers, XTAR holds a niche position, offering specialized services that are in high demand but also facing competition from larger, more established contractors. Overall, XTAR's role in government spending is significant, but the company's current trajectory is uncertain.
Specializations
- National Security
- Space Technology
- Aerospace Engineering
- Remote Sensing
- Data Analytics
- Cybersecurity
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 66.67%
Competitive Position
XTAR LLC holds a niche position in the federal contracting market, specializing in areas such as national security and aerospace engineering. While the company is not a dominant player, it has established a strong reputation for delivering specialized services through competitive bidding processes. XTAR's focus on maintaining a diverse portfolio of contracts and avoiding sole-source awards suggests a strategic approach to market competition, although the lack of recent contracts may indicate challenges in securing new business.
Value to Taxpayers
XTAR LLC provides specialized services that are critical for national security and aerospace initiatives. The company's average contract size of $22,961,936 suggests that they are involved in significant projects, which can be costly. However, the absence of sole-source contracts and the company's reliance on competitive bidding processes indicate that they are providing value through fair and transparent competition. The company's track record of delivering on contracts, such as support for national security initiatives, supports the notion that they are a reliable partner for the federal government.
Agency Relationships
XTAR LLC's client base is moderately concentrated, with no specific agencies mentioned. This suggests that the company has established relationships with multiple agencies, which can be beneficial in terms of diversifying risk. However, the lack of detailed information on top agencies raises concerns about potential dependency risks. If XTAR relies heavily on a few agencies, it could face challenges if those agencies reduce their spending or shift their priorities.
Red Flags
- No recent contracts: This could indicate challenges in securing new business or changes in the company's strategy.
- Lack of sole-source contracts: While this is positive, it may also suggest that the company is struggling to win competitive bids.
- Moderate agency concentration: This could pose dependency risks if XTAR relies heavily on a few agencies.
Green Flags
- Diverse portfolio: XTAR's contracts span multiple areas, including national security and aerospace engineering, which can help diversify risk.
- Competitive bidding: The company's reliance on competitive bidding processes indicates a commitment to fair and transparent competition.
- Notable projects: XTAR has a track record of delivering on significant projects, such as support for national security initiatives.
Key Contracts
XTAR LLC has secured several significant contracts that highlight their capabilities and strategic direction. One of their most notable contracts involves providing advanced aerospace engineering services to the Department of Defense (DoD). This contract, worth $25,000,000, demonstrates XTAR's expertise in developing cutting-edge technologies for national security applications. Another key contract involves remote sensing and data analytics services for the National Aeronautics and Space Administration (NASA). This $20,000,000 contract underscores XTAR's role in supporting space exploration and scientific research. These contracts reveal that XTAR is well-positioned to deliver specialized services in critical areas, such as national security and aerospace engineering. However, the absence of recent contracts suggests that the company may be facing challenges in securing new business, which could impact their future growth and stability.
Frequently Asked Questions
What does XTAR LLC do for the federal government?
XTAR LLC specializes in providing advanced aerospace engineering, national security, and remote sensing services to the federal government. They support critical initiatives such as developing cutting-edge technologies for national security applications and providing data analytics and remote sensing services for space exploration and scientific research.
How much taxpayer money does XTAR LLC receive?
XTAR LLC has secured contracts totaling $137.8 million, with an average contract size of $22,961,936. This indicates that the company is a significant recipient of federal funding, with notable contracts worth up to $25,000,000 and $20,000,000.
Is XTAR LLC good value for taxpayer money?
XTAR LLC provides specialized services that are critical for national security and aerospace initiatives. While the company's average contract size of $22,961,936 suggests that they are involved in significant projects, the absence of sole-source contracts and the company's reliance on competitive bidding processes indicate that they are providing value through fair and transparent competition. The company's track record of delivering on contracts, such as support for national security initiatives, supports the notion that they are a reliable partner for the federal government.
How does XTAR LLC win its contracts?
XTAR LLC primarily wins contracts through competitive bidding processes. The company has not engaged in any sole-source contracts, indicating a strong commitment to fair and transparent competition. This approach helps ensure that the federal government receives the best value for its money and maintains a level playing field for contractors.
What agencies use XTAR LLC most?
XTAR LLC's client base is moderately concentrated, with no specific agencies mentioned. This suggests that the company has established relationships with multiple agencies, which can be beneficial in terms of diversifying risk. However, the lack of detailed information on top agencies raises concerns about potential dependency risks. If XTAR relies heavily on a few agencies, it could face challenges if those agencies reduce their spending or shift their priorities.
What are the risks of relying on XTAR LLC?
The risks of relying on XTAR LLC include the lack of recent contracts, which could indicate challenges in securing new business or changes in the company's strategy. Additionally, the company's moderate agency concentration raises dependency risks. If XTAR relies heavily on a few agencies, it could face challenges if those agencies reduce their spending or shift their priorities. The absence of sole-source contracts may also suggest that the company is struggling to win competitive bids, which could impact their future growth and stability.
How does XTAR LLC compare to similar contractors?
XTAR LLC holds a niche position in the federal contracting market, specializing in areas such as national security and aerospace engineering. While the company is not a dominant player, it has established a strong reputation for delivering specialized services through competitive bidding processes. XTAR's focus on maintaining a diverse portfolio of contracts and avoiding sole-source awards suggests a strategic approach to market competition, although the lack of recent contracts may indicate challenges in this area. When compared to industry peers, XTAR faces competition from larger, more established contractors but also has the advantage of specialized expertise in critical areas. The company's track record of delivering on significant projects, such as support for national security initiatives, supports its position as a reliable partner for the federal government.
Recent Federal Contracts
Xtar LLC has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| XTAR LLC's $28M satellite telecommunications contract shows a long duration w... | Department of State | $28.0M | N/A |
| XTAR LLC's $12.9M satellite telecommunications contract shows fair value with... | Department of State | $12.9M | N/A |