Archive for category: Press Releases

Inc. Magazine Unveils Its Annual List of America’s Fastest- Growing Private Companies—the Inc. 5000

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Inc 5000 team picKnight Federal Solutions Ranks in the Top 50 from the
Metro Orlando Area with Three-Year Revenue Growth of 117 Percent

Inc. magazine revealed on August 14, 2019, that Knight Federal Solutions is No. 3,132 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.  Translate that to the companies from Florida being named to the list and Knight Federal Solutions ranks #261 in Florida, #78 among honorees in the IT System Development field and #33 in the Orlando metro area.

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are extremely proud to have earned a spot on the 2019 Inc. 5000 list,” says Chris Baeten, CEO of Knight Federal Solutions.  “For companies of our revenue size, it requires a determined effort from a great team along with fantastic partners to achieve this growth and profitability at the same time.  This award is a credit to the entire team!”

Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.   Knight Federal’s revenue growth over the past three years is a staggering 117 percent!

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.  The link for Knight Federal is available at https://bit.ly/33Dvu4S.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.

About Inc. 5000 – Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

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Knight Federal Receives Northrop Grumman 2019 World Class Team Supplier Award

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Northrop Grumman 2019 World Class Team Supplier Award

Awards Program Recognizes Small Business Suppliers for Significant Performance and Outstanding Achievements

AwardKnight Federal Solutions, a solutions provider of simulation and training, cyber security, information technology, finance and intelligence analysis solutions to the Defense and Intelligence sectors, received Northrop Grumman’s 2019 World Class Team Supplier Award. The award is presented to small business suppliers that consistently demonstrate outstanding achievements and support of Northrop Grumman programs.  28 Small businesses from across the country were recognized for their significant performance as outstanding suppliers.

Chris Baeten, CEO, and Matthew Herring, Vice President of Business Development, attended the Corporate Global Supplier Diversity Programs Recognition Awards Luncheon held on May 16, 2019 in Linthicum, Maryland and accepted the award on behalf of the Knight Federal team.

“We are extremely honored to be recognized for this prestigious award from Northrop Grumman. This award reaffirms Knight Federal’s commitment to provide world-class technology solutions and services to our valued partners and the outstanding efforts of the Knight Federal team,” said Baeten.

Northrop Grumman annually acknowledges outstanding suppliers under its supplier diversity program which strives to ensure that capable small businesses receive subcontracting opportunities. The award selection process includes an extensive review against criteria such as technical capability and performance, cost competitiveness, product and service quality, and outstanding program support.

“Small business suppliers play a critical role in applying innovation and affordability to meet the challenging global security needs of our customers,” said Patricia McMahon, vice president, corporate supply chain, Northrop Grumman. “These awardees demonstrated superior business support and outstanding contributions to our small disadvantaged business, women-owned small business and service-disabled veterans’ objectives and top performance goals. They also have a large part in our relationships with the mentor-protégé programs, Historically Black Colleges/Universities and AbilityOne program initiatives.”

About Northrop Grumman
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. In 2018, Northrop Grumman contracted more than $8 billion to a broad base of suppliers, with more than 37 percent of its procurement spending going to small businesses and women- or minority-owned firms.

» more information

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Knight Federal CEO Named 2019 CEO Leader of the Year

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Chris Baeten 2019 CEO Leader of the Year

2019 CEOs of the Year Announced

The Orlando Business Journal is recognizing 19 individuals as CEOs of the Year for 2019 based on their significant achievements in their careers within the past year, as well as a strong record of innovation, outstanding performance in their work and are active in the Central Florida community.

These dynamic, influential and passionate executives have contributed to Central Florida‘s economy by fueling the economic engines of the community by the thousands of companies, organizations and government agencies that are operating and moving along strongly thereby strengthening the local economy.

These leading individuals don’t lock themselves away in the corner office. Rather, they establish a strong vision for their companies, involve their employees in bringing that vision to fruition and make significant contributions to the community overall.

This year, the Orlando Business Journal is recognizing 19 such individuals in the 2019 CEOs of the Year Awards. The program honors highest-level executives at companies, organizations or agencies based in Orange, Osceola, Seminole, Lake, Volusia or Brevard counties who have had significant achievements in their careers in the past year.

Chris Baeten made the list and will be honored at the awards luncheon on May 10 at the Hyatt Regency Grand Cypress in Orlando.
For the full article link, which includes the list of all 19 CEOs on the Orlando Business Journal site – visit this link.  NOTE: You must subscribe to the Orlando Business Journal to view the article.
Source: Orlando Business Journal, Anjali Fluker (March 29, 2019)
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Knight Promotions – Matt Herring Advances

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Matt Herring

Knight Federal is proud to announce the promotion of Matt Herring to Vice President of Business Development. 

Matt has been with the company since its inception in 2013 and has been a critical part of growing the company into what it is today. 

Since Knight Federal’s inception, Matt has been instrumental in every aspect of the company’s growth.  His business development efforts allowed Knight Federal to grow more than 40% in the last two years. During this time Knight Federal added over 30 employees. His ability to capture, propose and win business led to Knight Federal’s award of its first prime contract in 2017. In addition to winning the first prime contract, Matt added new contracts and customers to Knight Federal’s portfolio while expanding and fortifying their current capabilities.  Being an emerging company, Matt wears many different hats in his role. In the competitive world of government services, Matt’s understanding of the market and network have allowed Knight Federal to be poised for strong revenue growth in 2019 and beyond.

With this promotion, Matt will be in charge of developing business in the Department of Defense and Intelligence sectors as well as forming strategic partnerships within industry and government. 

“The team at Knight Federal is very proud and excited for Matt on this important promotion.  The potential for exponential growth of Knight Federal is in very good hands,” says CEO Chris Baeten.

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Knight Federal Named 2018 Company to Watch

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Award Recognizes High Growth

GrowFL celebrated the mark of the 8th anniversary of its annual statewide awards program, Florida Companies to Watch℠. Presented by GrowFL, in association with Edward Lowe Foundation, Florida Companies to Watch is an awards program like no other. This event celebrates growing second-stage companies headquartered in Florida. Developed by the Edward Lowe Foundation, this event is a unique way to recognize and honor second-stage companies that demonstrate high performance in the marketplace with innovative strategies and processes, making them “worth watching.”

Companies from across the state and all industries are encouraged to participate. Selection is based on steady growth in employee counts and revenue as well as strength in leadership, corporate culture, community support and philanthropy, innovation in management or technology, or other factors that contribute to an outstanding organization.

Knight Federal was proud to be among the 50 winners of the ‘2018 Florida Companies to Watch’ award. The selection criteria is based on the following: the identification of standout companies expected to see significant growth over the next several years. Honorees were selected from more than 500 nominations by GrowFL, in association with the Edward Lowe Foundation. Factors included: strength in leadership, competitive market position and innovation in technology.

“The 50 honorees represent a diverse range of second-stage companies from across 20 Florida counties,” says Dr. Tom O’Neal, Executive Director of GrowFL. “While some of these businesses are fairly new, others are well-established. All demonstrate an entrepreneurial style that promotes steady growth. For example Knight Federal is a company that was established in 2013 but has experienced steady growth and creation of jobs due to its strategic business development strategies and innovative company culture.”

According to GrowFL, the 50 honorees generated nearly $1 billion in revenue and added nearly 1,000 jobs between 2014 and 2017. “This is a strong group of companies that deserve this special recognition given annually to the state’s top second-stage companies,” says Dr. Chris Morton, GrowFL Chairman and CEO of NanoPhotonica. Second-stage companies are defined as those with 6 to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies. An awards ceremony was held on February 9th, 2019 in Tampa.

About GrowFL
GrowFL provides strategies, resources and support, including strategic research and peer-to-peer CEO mentoring and leadership development, to second-stage Florida companies. Created by the Florida Legislature in 2009 and grounded in the philosophy of Economic Gardening® — growing existing businesses in a community, region or state — GrowFL is a critical component of the state’s economic development strategy and Florida’s entrepreneurial ecosystem. GrowFL is certified by the National Center for Economic Gardening through the Edward Lowe Foundation. Website: http://www.growfl.com

About the Edward Lowe Foundation
Established in 1985, the Edward Lowe Foundation is a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs, which are delivered through entrepreneur support organizations (ESOs). The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. Website: http://www.edwardlowe.org

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Axiologic Solutions Opens Office in Orlando

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VA-Based Company Creates Strategic Small Business Partnership with
Knight Federal Solutions to Support Future Business Initiatives

Robert McClintock, Axiologic Solutions’ Director of Special Operations Forces Programs, Chris Baeten, CEO of Knight Federal Solutions and Frank Sturek, Axiologic Solutions’ Chief Growth Officer establish a presence for Axiologic Solutions in Central Florida.

Axiologic Solutions, LLC, an innovative, systems engineering and consulting services company headquartered in Fairfax, VA, announced it has opened an office in the Central Florida Research Park on October 17, 2018 in the Knight Federal Solutions’ office space, located at Three Resource Square.  This investment in the East Orlando business community with an Orlando-based strategic small business partner supports the future business pursuits of both companies to create premier business solutions for clients and provide increased revenue for both companies.

Founded in 2009, Axiologic Solutions is a Service Disabled Veteran Owned Small Business (SDVOSB) focused on providing services to government organizations in the Intelligence community (IC), Department of Defense (DoD), and the Department of Homeland Security (DHS). The company delivers success through meaningful client partnerships, delivery of superior solutions, and the ability to bring a talented team of people who understand how technology, policy, and process converge to meet its clients’ needs.   This corporate philosophy, known as the “Axiologic Component” is the cornerstone upon which its clients’ systems work.

“This arrangement just makes a lot of sense. Our companies complement each other and we are presently teaming together on several DoD pursuits both here in Orlando and in the National Capitol Region,” says Frank Sturek, Axiologic Solutions’ Chief Growth Officer.

Axiologic’s capabilities match the rapidly evolving national security landscape, offering a broad range of discrete and integrated solutions in Systems Engineering, Information Technology (IT) Infrastructure Engineering, Data Science and Engineering as well as Program and Project Management, Strategic Planning and Process Improvement, and Acquisition Support.   The company has nearly a decade of continuous DoD and IC experience performing systems engineering and IT services with mature management practices based on ISO 9001:2015 principles and PMBoK best practices.

“We are excited about the collaboration that our two companies have to deliver a powerful combination.  Working together as an integrated team will help both of our companies maximize on both existing and future projects to drive better outcomes and expand capabilities,” says Chris Baeten, CEO of Knight Federal, a small business providing support services to the DoD and Intelligence community.

About Axiologic Solutions
Axiologic Solutions LLC provides mission-oriented Systems Engineering and IT services to government and commercial organizations. Axiologic Solutions aims to establish greater efficiency and effectiveness in organizational leadership; program and project management; IT services delivery, and mission success. Website: www.axiologicsolutions.com

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407-243-6008

info@knightfederal.com

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Knight Federal Solutions, Inc.
11486 Corporate Boulevard, Suite 151
Orlando FL  32817

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