Dcode nabs $45 million DOD contract, aims to double revenue

D.C. tech accelerator Dcode is counting on a major government contract to turbocharge its growth.

The firm recently won a $45 million contract from the Department of Defense to provide tech advisory services, executive coaching and workforce training to any branch of the military, all with a goal of helping the federal government’s largest agency modernize its technology and streamline processes.

The contract is the largest ever for the 7-year-old Dcode and is expected to spur a wave of hiring across the organization, which provides services to both the government and private-sector firms that work with government agencies. The company did not provide sales figures but says that it expects its 2022 revenue to more than double last year’s total.

Megan Vorland, co-founder and chief strategy officer at Dcode, said that the Air Force sponsored the contract within the Defense Department, but that the Army, Navy and other branches are also eligible to tap Dcode’s suite of advisory and technical…

Read the full story from the Washington Business Journal.
Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up