Advanced Concepts and Technologies International, LLC (ACT I) today announced its recognition as the 63rd Fastest Growing Company in Greater Washington by the Washington Business Journal. The announcement followed official notification of ACT I’s selection by the Washington Business Journal as part of their Fast 75 virtual reception and awards ceremony last week.
A top provider of Aviation, Homeland Security, Business Technologies, and Intelligence Solutions, the recognition joins a number of honors underscoring ACT I’s continual growth, including being named earlier this year to the Virginia Chamber of Commerce’s Fast 50 for the second time in two years and being listed on the prestigious Inc. 5000 ranking of the nation’s fastest-growing private companies. ACT I was also listed on Washington Business Journal’s 2019 Fast 75 list.
“ACT I in ACTION means growth. Sustained, exponential growth,” said ACT I CEO Michael Niggel. “We are focused on the growth of our company, the growth and development of our incredible team, and the growth and refinement of capabilities we can bring to support our customers’ missions. Our continued recognition on the Fast 75 as one of the Fastest Growing Companies in Greater Washington joins a series of these accolades for growth – and a series of testaments to the great work our employees do each and every day for our customers.”
Every year the Washington Business Journal publishes a List of the 75 Fastest Growing Companies in Greater Washington. The List is based on average percent revenue growth between 2017, 2018, 2019. Participating companies must have more than $2 million in revenue in 2017 and more than $10 million in revenue in 2019 to qualify. Growth must be consecutive year-over-year. Companies also must be headquartered in the D.C. area. This includes D.C., Alexandria, Arlington, City of Falls Church, City of Manassas, Fairfax, Loudoun and Prince William counties in Virginia, Montgomery and Prince George’s counties in Maryland.