We are very excited to announce:
“Frontier Technology Inc. has been awarded a $553M contract for the maturation, demonstration and proliferation of capability across various Department of Defense (DoD) and government platforms and domains, leveraging open systems design, modern software and algorithm development in support of Office of the Secretary Defense (OSD) and US Services under DoD. This contract leverages Small Business Innovation Research (SBIR) technologies and capabilities that provide development and operation of systems across all domains (air, land, sea, space, cyber, and electromagnetic spectrum) in a family of systems that enables capabilities via multiple integrated platforms.”
FTI is very proud to report that 2020 was another outstanding year for the company. Our passion for creating and developing incredible technologies that deliver informed, productive and secure solutions, has enabled us to reach levels of growth way beyond the industry norm. A recent survey showed that the majority of companies in our industry had revenue growth of around 8% this past year. FTI successfully has seen an average growth rate yearly of 28% since our opening in 1985.
Our staff expanded by over 73% during that same period. Another notable achievement is that FTI crossed over the $1 billion mark since its opening in 1985.
These accomplishments are all due to an incredible legacy left by our Founder and previous employees as well as a visionary Executive Team supported by which we believe to be one of the most talented employee groups in the industry.
FTI is guided by the 4 Cs: Core Values, Commitment, Compassion, and Charity. These values are really critical to our business. The 4 Cs define our culture. Core Values, in a brief deeper definition, are Ethics, Morals, Integrity, Honesty, and Sincerity. These core values drive our culture and our business. We believe they are more important to FTI than how much the revenue grows in any one year. These bond us together to work as a team, and they help employees make a decision when others are not there to guide them.
Our values and culture drive the employee passion that brings a continued entrepreneurial passion for our customers and for each other, and their constant hard work is the foundation for why it is has taken FTI 30 years to become an overnight success.
FTI was featured in the top ten positions of the Dayton Business Journal’s list of U.S. Department of Defense Contractors ranked by 2020 prime awards which FTI is honored to be listed on. FTI made a large successful move up in the list this year and we count it as an achievement being rated in the top ten. Click here to view the DBJ list.
To learn more about FTI, our capabilities, and our products click here.