Friday, November 22, 2024

Press Release: GRSi Announces $231M in First Quarter Awards, Positioning the Company for its 7th Straight Year of Record Performance and Realizing its Prowess as a Large Business Technology Player

GRSi, a worldwide technology innovations company delivering excellence in professional and technical services to Government and Commercial clients, announced that it has achieved a new record in contract awards for the first quarter of 2021. GRSi has averaged 38% growth year over year for the past 6 years. The company closed 2020 with record high revenue, despite the myriad challenges of the pandemic. GRSi also secured all of its major objectives for 2020: expanding the Cloud portfolio to include Cloud Access Point (CAP) management, Cloud Governance, and high-side Cloud engineering at Impact Level-5; increasing its digital sandbox capabilities; launching its mentor-protégé program for minority businesses, and more.

In the first quarter of 2021, GRSi has won $231M in contract awards, realizing more than 30% growth within the first 90 days of the year. This record performance includes landmark awards, with an $82M Defense Programs award, a $96M Health IT award, and multiple new programs delivering technology innovation, engineering, and support.

As a true leading-edge global competitor in some of the most forward-leaning tech areas across highly dynamic markets, GRSi is prominent in the Health IT, Defense, and Intelligence sectors. The company’s proven areas of expertise, including but not limited to, Hybrid and Poly-Cloud Enablement, Digital Transformation, Enterprise Operations (XaaS), Cybersecurity, Big Data Storage and Analytics, Artificial Intelligence/Machine Learning, and Scientific Computing.

“As remarkable as $231M in awards in one quarter is, what’s more important is that almost 95% of that amount was full and open competition, indicating how strongly GRSi is launching into the large-business market space. One of the biggest challenges a company can face is bridging the gap of small business to large business competition. At GRSi, we have cleared that gap—competing, winning, and building momentum. Further, our balanced portfolio as a company is absolutely ideal. Our Civilian and Defense programs have developed equally in growth, capabilities, and competitiveness for a perfectly balanced business portfolio.”—David Affeldt, President & CEO

GRSi has delivered excellence in professional and technical services for nearly two decades to federal, defense, intelligence, and commercial clients worldwide. Our subject matter experts, refined processes, and best-fit technology implementations ensure that excellence is delivered daily. For more information, contact media@grsi.com.

Source: GRSi Announces $231M in First Quarter Awards, Positioning the Company for its 7th Straight Year of Record Performance and Realizing its Prowess as a Large Business Technology Player – May 5, 2021. GRSi.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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