Fremont, CA — NTS announced today that it has been named one of the top 200 federal contractors according to Bloomberg Government in the eleventh annual BGOV200, based on fiscal year 2022 data for unclassified prime contracts awarded across all U.S. Federal Government agencies. With $498 Million in prime Federal contracts, NTS ranked number 153.

“NTS’s rise in this year’s rankings is a direct reflection of our exemplary support to our government customers as well as the dedication of our team,” said NTS CEO, Vijay Kumar. “We are proud to be included on this list with other respected and established Federal contractors.”

The annual BGOV200 report is the culmination of extensive data management for areas such as company hierarchy, contract title, and agency assignments. Data integrity makes this the premier source for government contract practitioners trying to make sense of shifts in the competitive landscape.

“We’re honored to recognize NTS as one of the top federal contractors for fiscal 2022,” said Kerry Lenahan, General Manager and Head of Government Contracting Solutions, Bloomberg Government’s analysis finds that a record $705 billion was awarded in fiscal 2022 government contracts, an increase of $43 billion from fiscal 2021 levels. Just over 65 percent of total government obligations ($461 billion) were awarded to the top 200 contractors, a marginal increase as compared to fiscal 2021. The top 15 contractors brought in 32 percent of federal procurement dollars, on par with the previous fiscal year.” wrote Kevin Brancato, Head of Product, Bloomberg Government. The BGOV200 Federal Industry Leaders Study ranks the top 200 contractors by value of prime, unclassified contracts awarded by U.S. agencies in fiscal 2022. It analyzes the top contracts at 92 agencies and departments and in 20 purchasing categories.

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