List Celebrates the Fastest Growing Small Businesses in the Federal Sector
Knight Federal was named by Washington Technology as a Fast 50 honoree for 2021. The publication lists 50 of the nation’s fastest growing small businesses, which is a celebration of their depth, diversity, and hard work in the federal sector.
Knight Federal has shown sustained growth and ranks at number 20 based on its five-year compound growth rate of 24.8 percent which is reflective of its substantial revenue increase over the last three years. Headquartered in Orlando, Florida Knight Federal is the only company listed from the state of Florida, representing the Southeast.
“This recognition is made possible through the collective collaboration, dedication and quality performance of our Knight Federal team. They are dedicated to the mission of our defense customers and focus on delivering impactful results representing our core values, which is proven by our past performance and continued growth,” says Chris Baeten, Knight Federal CEO.
To be eligible for the list, a company must be considered a fast-growing small business in the government market with at least $50,000 in government revenue in 2016. It ranks small businesses according to their compound annual growth rate over the last five years. Government revenue includes prime contract subcontract work in the federal, state, and local markets. This year’s Fast 50 companies comprise a depth of capabilities, but also note that innovation and cutting-edge skills aren’t solely found at the largest companies in the market.
Washington Technology, a web-based specialty publication, is considered the foremost authoritative source of competitive intelligence for executives of small businesses in the federal contracting or GovCon market.
For more information, view the entire list here.