PSS wins $85M in Q3 contract awards
Preferred Systems Solutions, Inc. (PSS) of Tysons Corner, VA secured a record $85M in new prime and subcontract awards in the past four months to support both current and new clients across the Defense, Intelligence and Civilian markets. These awards result in a PSS book-to-bill ratio of 5.4 to 1 for the 3rd quarter. The awards, 85% of which are prime, include both new and re-compete contracts and add eight new customers to PSS’s business portfolio.
PSS will be providing software engineering & development, high-performance data analytics & cloud-based solutions to the US Transportation Command, the Defense Logistics Agency, the National Geospatial-Intelligence Agency, the Defense Intelligence Agency, and several other intelligence community organizations. PSS will also be providing program management and critical operational support to the Department of Homeland Security and the National Institutes of Health programs.
“These awards are a direct result of our ongoing commitment to and investment in strengthening our team, expanding our core capabilities, and developing a highly talented employee base to position PSS for sustained, strategic growth across all markets,” said Jim Ballard, CEO of PSS. “Of utmost importance, these wins provide us the opportunity to continue our world-class support to our government and industry partners.”