Iron EagleX, Inc. Company Profile

Background

Overview

Iron EagleX, Inc. (IEX) is a Service-Disabled Veteran-Owned Small Business (SDVOSB) founded in 2018 and headquartered in Tampa, Florida. The company specializes in delivering advanced technological solutions to U.S. government agencies, with a primary focus on supporting the Department of Defense (DoD), Special Operations Forces (SOF), and the intelligence community. IEX's mission is to enhance national security by leveraging cutting-edge technologies in artificial intelligence (AI), machine learning (ML), cybersecurity, and cloud computing.

Vision and Mission

IEX is committed to providing innovative solutions that enable government clients to make rapid, informed decisions, thereby maintaining a strategic advantage over adversaries. The company's approach combines technical expertise with a deep understanding of military operations, ensuring that their solutions are both effective and mission-focused.

Key Strategic Focus

Core Objectives

IEX aims to deliver mission-critical solutions that address complex challenges in big data, cyber operations, and intelligence analysis. The company's strategic focus includes:

• AI and Machine Learning: Developing and implementing AI/ML models to enhance data analysis and decision-making processes.

• Cybersecurity: Providing comprehensive cyber solutions, including risk management frameworks, vulnerability assessments, and red teaming exercises.

• Cloud Computing and Data Management: Modernizing and migrating systems to the cloud to improve scalability, security, and operational efficiency.

• Multi-Domain Operations: Supporting integrated operations across land, sea, air, space, and cyber domains to ensure cohesive mission execution.

Primary Markets

IEX primarily serves the U.S. Department of Defense, Special Operations Forces, and intelligence agencies, providing tailored solutions that meet the unique requirements of these entities.

Financials and Funding

Revenue

As of 2021, IEX reported an estimated annual revenue of $13.9 million.

Acquisition by General Dynamics Information Technology (GDIT)

In September 2024, IEX was acquired by General Dynamics Information Technology (GDIT), a business unit of General Dynamics. This acquisition aimed to expand GDIT's portfolio in AI/ML, cybersecurity, software development, and cloud services, particularly in support of Special Operations Forces and intelligence missions. The integration brought hundreds of highly skilled and cleared employees from IEX into GDIT's workforce.

Technological Platform and Innovation

Proprietary Technologies

IEX has developed proprietary solutions in AI/ML, cybersecurity, and cloud computing, tailored to meet the specific needs of defense and intelligence operations. These technologies are designed to enhance data processing capabilities, improve security postures, and facilitate seamless integration across various platforms.

Scientific Methodologies

The company employs advanced scientific methodologies, including:

• Machine Learning Algorithms: Utilizing supervised and unsupervised learning techniques to analyze large datasets and extract actionable insights.

• Risk Management Frameworks (RMF): Implementing structured processes to identify, assess, and mitigate cybersecurity risks.

• Red Teaming and Vulnerability Research: Conducting simulated attacks to identify and address potential security weaknesses.

Leadership Team

Key Executives

• Michael Grochol, Chief Executive Officer: A former Special Operations Forces combat veteran with extensive experience in defense technology and business leadership.

• Brian Overstreet, President: Joined IEX in December 2023; previously co-founder and COO of ARMA Global Corp., bringing a wealth of experience in defense contracting and operations.

• Joe McEntegart, Chief Financial Officer: Oversees financial strategy and operations, ensuring fiscal responsibility and growth.

• Bruce Thoms, Chief Growth Officer: Leads business development initiatives, focusing on expanding IEX's market presence and client base.

Leadership Changes

In December 2023, Brian Overstreet was appointed as President of IEX. Overstreet, co-founder and former COO of ARMA Global Corp., brings significant experience in defense contracting and operations.

Competitor Profile

Market Insights and Dynamics

The defense technology sector is characterized by rapid advancements in AI, cybersecurity, and cloud computing. Companies in this space are increasingly focusing on developing solutions that enhance operational efficiency and security for government clients.

Competitor Analysis

Key competitors in the defense technology sector include:

• Research Innovations Incorporated (RII): Provides security technology solutions with a focus on AI and data analytics.

• Gryphon Technologies: Offers engineering services to the Department of Defense, specializing in systems integration and technology development.

• Belcan Government Solutions: Delivers technology solutions for government sectors, including software development and cybersecurity services.

• Agema Technology: Provides IT consulting, software and hardware integration, and technical staff augmentation solutions.

Strategic Collaborations and Partnerships

Eagle’s Nest Program

In January 2024, IEX launched the "Eagle’s Nest" program in collaboration with the University of South Florida College of Engineering. This nine-month initiative aims to develop a talent pipeline by providing students with real-world experience in defense.