The Garrett Group Market Research Report
Company Overview
The Garrett Group (TGG) is a service-disabled veteran-owned business that excels in providing advanced professional services to the U.S. Department of Defense, Intelligence, and Federal agencies. Founded in 2007 and headquartered in Bellevue, NE, TGG specializes in intelligence operations, military operational planning, security, information technology, and cyber readiness. Its headquarters are located at 3906 Raynor Parkway, Suite 101, Bellevue, Nebraska 68123. For more information, TGG can be contacted via their main office at (402) 763-9008 or by fax at (402) 505-9262. Visit their website at [The Garrett Group](https://www.garrettgp.com/).
Key Service Areas
TGG offers expertise in the following areas:
- Intelligence Operations: Transforming data into actionable intelligence to meet strategic needs.
- Military Operational Planning: Assists in strategy development and supports global intelligence and surveillance missions.
- Security: Provides bespoke personnel and physical security solutions.
- Information Technology & Cyber Readiness: Delivers secure IT and cyber solutions through advanced engineering.
- Joint Training and Exercises: Organizes realistic and dynamic training for joint missions.
Leadership Team
The leadership excellence at TGG includes:
- Hon. Tommy Garrett: Principal Owner, President, CEO.
- Mario Buda: Senior Vice President & Chief Growth Officer.
- Don Kelly: Senior Vice President & Chief Operating Officer.
- Bryan Van Deun: Vice President, Security Operations.
The staff is highly seasoned, with over 95% having military or government backgrounds, contributing to the company’s 95% employee retention rate. TGG's corporate philosophy, "People First, Mission Always," underscores their community and client commitment.
Achievements and Recognition
TGG has been honored with several awards, including the "Veteran Owned Business of the Year", "Sarpy County People’s Choice Award – Defense Contractor of the Year," and the "HIRE Vets Gold Award." These accolades reflect its commitment to values such as Integrity, Commitment, Accountability, Responsiveness, and Excellence.
Financials and Workforce
The Garrett Group generates an annual revenue of approximately $37 million with a workforce of 120 employees, resulting in a high productivity rate of $308,000 per employee. However, the company reported 0% growth in its employee numbers over the last year.
Market and Strategic Positioning
TGG is proficient in executing high-stakes missions with no room for failure by utilizing innovative and collaborative solutions. The company has been involved in significant contracts, including USAMS IV OASIS and GSA MAS, providing top-tier advisory across diverse fields.
Competitive Landscape
TGG faces competition in the defense sector, particularly in intelligence, surveillance, and reconnaissance (ISR):
- McCallie Associates, Inc.: Revenue of $20.8 million with 75 employees, and a workforce growth of 3%.
- Spiral Solutions and Technologies, Inc.: Revenue of $28.3 million, employing 92 individuals with a 7% growth rate.
- HTR Engineering Solutions: Operates in the defense and space sector, known for its engineering capabilities in the Australian market.
Key Personnel
Other notable individuals in TGG include:
- Mark Williamson: Vice President
- Jim Murphy: Senior Vice President, ISR Solutions
- John Potts: Executive Vice President
- Joe O'Hanlon: Senior Vice President and Chief Operating Officer
- William Grates: Joint Training Program Manager
- Gene McGuire: Project Manager
- Roger Lee: Data Manager
- Joyce Schlickbernd: Program Manager
Strategic Insights
As a Service Disabled, Small Business, TGG holds favorable positioning for government contracts favoring veteran-owned companies. Their ISR expertise secures their spot in a niche seeking cutting-edge defense solutions. However, stagnant employee growth suggests potential opportunities for operational enhancement or strategic hiring to bolster future expansion. Their notable revenue and productivity indicate potential for market share growth, and exploring service diversification or market expansion may leverage their existing capacities for sustained development.
