Noblis Company Profile

Background

Noblis is a nonprofit science, technology, and strategy organization dedicated to serving the public good. Established in 1996 as Mitretek Systems, a spin-off from the MITRE Corporation, Noblis has evolved into a key player in delivering technical and advisory solutions across various federal domains, including national security, intelligence, transportation, healthcare, environmental sustainability, and citizen services. The company's mission is to enrich lives and enhance national safety by investing in the missions of tomorrow, emphasizing independence and objectivity to deliver enduring impacts on federal missions.

Key Strategic Focus

Noblis concentrates on providing innovative solutions to complex challenges faced by the federal government. The company's core objectives include:

Advanced Technology Integration: Implementing intelligent and predictive systems, digital ecosystems, and autonomous systems to enhance operational efficiency.

Data Management and Analytics: Utilizing artificial intelligence, machine learning, and data visualization techniques to support informed decision-making.

Cybersecurity and Cloud Solutions: Offering robust cybersecurity measures and cloud integration services to protect and streamline federal operations.

Environmental and Energy Solutions: Promoting environmental sustainability through energy-efficient infrastructures and renewable energy resources.

Noblis primarily serves federal clients in the defense, homeland security, intelligence, law enforcement, and federal civil sectors, addressing their unique challenges with tailored solutions.

Financials and Funding

As a nonprofit organization, Noblis reinvests its profits into research and development initiatives and employee development programs. In the fiscal year 2023, the company reported:

Revenue: $531.5 million

Gross Profit: $59.6 million

Net Income: $24.6 thousand

Cash Reserves: $414.0 thousand

Earnings Before Interest and Taxes (EBIT): $15.6 million

These financial figures underscore Noblis' commitment to maintaining a stable financial foundation while advancing its mission-driven objectives.

Pipeline Development

Noblis is actively engaged in several key projects and initiatives, including:

Unmanned Surface Vehicles (USV) Contract: In August 2024, Noblis MSD secured a significant $982 million contract with the U.S. Navy to develop and support unmanned surface vehicles, highlighting the company's capabilities in autonomous systems and defense solutions.

Digital Engineering Platform Investment: In April 2024, Noblis Ventures invested in Sedaro, a cloud software company specializing in digital engineering platforms for creating digital twins, demonstrating Noblis' commitment to fostering innovation and enhancing digital capabilities.

These initiatives reflect Noblis' strategic focus on advancing technology solutions that address critical federal missions.

Technological Platform and Innovation

Noblis distinguishes itself through its proprietary technologies and innovative methodologies, including:

Artificial Intelligence and Machine Learning: Developing AI-driven capabilities to enhance data analysis, predictive modeling, and decision support systems.

Autonomous Systems: Engineering autonomous solutions for defense and intelligence applications, such as unmanned surface vehicles.

Cybersecurity Solutions: Implementing robust cybersecurity measures to protect federal information systems and infrastructure.

Cloud Integration: Facilitating secure and efficient cloud-based solutions to modernize federal operations.

These technological platforms enable Noblis to deliver cutting-edge solutions tailored to the evolving needs of its federal clients.

Leadership Team

Noblis' leadership team comprises experienced professionals dedicated to advancing the company's mission:

Mile Corrigan: President and Chief Executive Officer. As president and CEO of Noblis, Mile sets the corporate business strategy and overall science and technology priorities for solving complex problems that benefit the public and advance federal government missions.

Gary Sladic: Senior Vice President, Chief Financial and Administrative Officer, and Treasurer. Responsible for all financial, operating, and administrative activities within the corporation, and serves as the trustee of the Noblis pension plan.

Deborah Drake: Senior Vice President and Chief People Officer. Leads human resources and organizational development, including talent recruitment, total rewards system, professional and organizational development, and employee engagement.

Matt Salter: Vice President and Chief Growth Officer. Leads the company’s corporate growth strategy across defense, intelligence, and civilian markets, driving enterprise integration and execution of growth initiatives.

Lisa Gardner: Vice President, Federal Civilian Solutions Mission Area. Directs strategy, business development, and program execution for the company’s federal civilian government portfolio.

Rich Jacques: Vice President, Intelligence and Law Enforcement Mission Area. Oversees the company's mission in the intelligence, national security, and law enforcement sectors, driving strategy and impact in these areas.

Jordin Cohen, Ph.D.: Vice President, Homeland Security Mission Area. Brings extensive experience in civil service, consulting, and analytical roles within the federal sector, focusing on homeland security communities.

Glenn Hickok: Vice President, Noblis Defense Mission Area and President, Noblis MSD. A proven leader with success in strategy, development, and execution, with extensive experience in national security and the Department of Defense.

Chris Barnett: Vice President and Chief Technology Officer. Leads the strategy, direction, and management of Noblis’ technology, labs, patent portfolio, and innovation programs.

Lauren McGinley: Senior Vice President, General Counsel and Secretary, Chief Ethics and Compliance Officer. Responsible for all legal, ethics, and corporate secretary duties within Noblis, including corporate governance, transactions, tax compliance, intellectual property, litigation management, employment issues, and real estate.

Jennifer Oliver: Vice President, Business Operations. Oversees contracts, procurement, pricing, and project control for Noblis and its subsidiaries.

Mark Lay: Vice President and Chief Information Officer. Sets and leads all areas of information technology strategy and implementation to maintain a secure and resilient infrastructure and deliver innovative services.

Rick Harrison: President, Noblis ESI. Responsible for the general management and strategic direction of Noblis ESI’s technical, financial, and administrative activities.

This leadership team brings a wealth of experience and expertise, guiding Noblis in delivering impactful solutions to its clients.

Leadership Changes

In October 2022, Mile Corrigan succeeded Amr ElSawy as President and Chief Executive Officer of Noblis. This transition marked a significant leadership change, with Corrigan bringing a fresh perspective to the company's strategic direction.

Competitor Profile

Market Insights and Dynamics

The federal contracting market is characterized by its complexity and competitiveness, with numerous organizations vying to provide innovative solutions to government agencies. Key trends influencing the market include:

Technological Advancements: Rapid developments in artificial intelligence, cybersecurity, and autonomous systems are driving demand for cutting-edge solutions.

Cybersecurity Emphasis: Increasing cyber threats necessitate robust security measures, leading to heightened demand for cybersecurity expertise.

Digital Transformation: Government agencies are prioritizing digital transformation initiatives, creating opportunities for firms specializing in cloud integration and data analytics.

Competitor Analysis

Noblis operates in a competitive landscape alongside several notable organizations:

Booz Allen Hamilton: A management and technology consulting firm offering services in analytics, digital solutions, engineering, and cyber. Booz Allen Hamilton reported revenues of $10.7 billion in fiscal year 2024.

AMERICAN SYSTEMS: Provides IT and engineering solutions, focusing on areas such as test and evaluation, systems engineering, and acquisition support. The company reported revenues of $232 million in 2023.

Leidos: Specializes in defense, aviation, information technology, and biomedical research, offering a broad range of services to government and commercial clients. Leidos reported revenues of $10.7 billion in fiscal year 2024.

MITRE: Operates federally funded research and development centers, providing technical expertise across various domains, including cybersecurity, healthcare, and defense. MITRE reported revenues of $1.8 billion in fiscal year 2024.

Noblis differentiates itself through its nonprofit status, allowing for a focus on the public good without commercial interests, and its emphasis on independence and objectivity in delivering solutions.

Strategic Collaborations and Partnerships

Noblis has engaged in strategic collaborations to enhance its capabilities and market position:

Sedaro Investment: In April 2024, Noblis Ventures invested in Sedaro, a cloud software company specializing in digital engineering platforms, to advance digital twin technologies.

U.S. Navy Contract: In August 2024, Noblis MSD secured a $982 million contract with the U.S. Navy for unmanned surface vehicles, strengthening its presence in the defense sector.

These partnerships underscore Noblis' commitment to innovation and expanding its service offerings to meet evolving client needs.

Operational Insights

Noblis' strategic considerations in relation to major competitors include:

Nonprofit Advantage: Operating as a nonprofit allows Noblis to prioritize client missions and the public good over shareholder interests, fostering trust and long-term relationships.

Independence and Objectivity: Without vendor alliances or commercial interests, Noblis offers unbiased solutions tailored to client needs.

Research and Development Focus: Reinvesting profits into research initiatives enables Noblis to stay at the forefront of technological advancements and offer innovative solutions.

These differentiators position Noblis as a trusted partner in delivering mission-critical solutions to federal clients.

Strategic Opportunities and Future Directions

Looking ahead, Noblis aims to:

Expand Technological Capabilities: Continue investing in emerging technologies such as artificial intelligence, machine learning, and autonomous systems to address evolving client challenges.

Enhance Digital Transformation Services: Support federal agencies in their digital transformation journeys by offering expertise in cloud integration, data analytics, and cybersecurity.

Strengthen Defense Sector Presence: Leverage recent contracts and investments to further establish itself as a key player in defense solutions.

By building on its current strengths and strategic initiatives, Noblis is well-positioned to achieve its future objectives and continue delivering impactful solutions to its clients.