Triple Canopy Inc.

Triple Canopy Inc., a Herndon, Virginia–based private security company, delivers armed and unarmed protective security officer services, dispatch and alarm monitoring, and facility protection to federal agencies as a prime contractor (100% of recent awards) competing full-and-open across a portfolio of $48.34 billion in combined potential value. The company operates as a subsidiary of Constellis, LLC, a parent holding company, alongside named sibling subsidiaries Medical Response Partners, LLC and Pontaris, LLC.

Triple Canopy's customer concentration reflects deep roots in federal civilian protective services. The Department of Homeland Security's Office of Procurement Operations leads by award count at 351 awards ($7.77 billion potential value), but the Department of State's Bureau of Diplomatic Security dominates by dollar value at $11.11 billion across 27 awards, driven by high-ceiling international protective services vehicles including the Worldwide Protective Services III (WPS III) contract and Baghdad Movement Protective Services delivery orders. The Department of the Army Central Command, DHS Chief Procurement Officer, and DHS Federal Protective Service round out the top five, with the Washington Headquarters Service holding a $10.33 billion Global Protective Services multiple-award IDIQ awarded June 2025 running through June 2035. Across all customer relationships, Triple Canopy competes without reliance on SBA set-asides; the vendor holds no designated set-aside certifications and wins prime awards exclusively full-and-open.

Recent capability work centers on protective security officer deployment across U.S. domestic federal facilities and international diplomatic missions. Representative recent prime awards include a $106.6 million delivery order (July 2026) for armed guard services at the St. Elizabeths Campus in Washington, DC through June 2029 under the Armed Protective Security Officer Services IDIQ; a $132.3 million delivery order (November 2025) for PSO services throughout Colorado through October 2029; and a $95.7 million delivery order (March 2025) for PSO services in Silver Spring, Maryland through February 2028. On the international front, the $1.345 billion Baghdad Movement Protective Services delivery order (February 2022) under WPS III extends through August 2032 with FY2024 invoicing of $257.5 million; and the $89.96 million Juba Protective Services delivery order (December 2021) under WPS III runs through June 2032. Domestically, Triple Canopy holds a $92 million single-award IDIQ (August 2024) for Federal Protective Service public safety telecommunicator and alarm monitoring services through May 2029, a $145.2 million single-award IDIQ (October 2022) for Philadelphia metropolitan PSO services through September 2027, and a $3.1 billion multiple-award IDIQ (January 2024) for nationwide Armed PSO services at federally-owned facilities through December 2028. A $50 million multiple-award BPA (August 2024) with U.S. Army Europe and Africa covers armed and unarmed security guard services throughout the European Area of Responsibility through August 2029.

Activity has declined sharply year over year—57 awards in 2022 declining to 8 awards through July 2026—yet the vendor carries $762.7 million in combined potential value from 12 awards reaching ultimate completion within the next twenty-four months, creating recompete exposure on major DHS and State Department vehicles. SCI-reported federal services invoicing shows a pattern of consistent scale: FY2022 invoiced $453.3 million across 4,117 FTEs at a derived median hourly rate of $48.41/hr; FY2023 reached $464.8 million with 3,242 FTEs; FY2024 invoiced $418.9 million across 3,261 FTEs, with rates holding steady across the period (10th percentile $40.17/hr, 90th percentile $69.29/hr). On prime SCI-reportable contracts, Triple Canopy self-performs nearly all work, with subcontractors accounting for only 1% of contractor hours on average and 17 named subcontractors appearing across the prime footprint—a strong self-delivery posture. Recent sub awards show engagement with CACI NSS, LLC as a prime under a base services contract.

Triple Canopy's federal footprint is heavily concentrated in protective security services (398 awards under NAICS 561612, Security Guards and Patrol Services, and 71 under NAICS 561621, Security Systems Services), with ancillary work in facilities support and engineering. The vendor operates as a pure prime contractor—no presence as a subcontractor to other federal primes—and does not participate in government-wide acquisition vehicles such as GSA Schedules or OASIS beyond the single Defense Counternarcotics Supply Center (ACC/Counterdrug) task order (February 2022, $16.4 million through March 2027) under OASIS for operations support in Hampton, Virginia. The top five parent IDVCs by task order count (ranging from 29 to 40 orders each) span DHS, State Department, and Army Central Command vehicles, reflecting Triple Canopy's role as an incumbent provider executing renewal delivery orders across established federal security relationships. The company's award velocity decline and moderate recompete cliff suggest a mature, stable contract portfolio with annual renewal patterns rather than new customer acquisition, positioning Triple Canopy as a long-standing federal security incumbent facing upcoming option-year decisions and potential competitive recompetes on its largest vehicles.