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FCW : August 30, 2013
FAST 50 OBXtek takes top spot on 2013 Fast 50 There's nothing like a good incentive to get your employees to work hard, and that's defi- nitely part of the equation at OBXtek Inc., which landed the top spot on Washington Technology's 2013 Fast 50 list. With $29.6 million in revenue in 2012 and a compound annual growth rate of 302.9 per- cent over the past five years, OBXtek was almost 100 percentage points ahead of the next company on the list. The company started out with just one employee: CEO Bruce "Ed" Jesson. Not only that, but it started as a sole proprietorship and was strictly a consulting firm. Then, on April 15, 2009, the company became incor- porated and launched as an IT services firm. Company leaders decided incorpora- tion was the right thing to do because they wanted to go full blast into the government market, Jesson said. OBXtek specializes in IT engineering support, program manage- ment, software development, testing and information security. A subcontract with the Social Security Administration helped the company get on its feet, and it now has contracts with a variety of agencies. For example, it man- ages and maintains the IT infrastructure at the Department of Veterans A airs, the Labor Department and the General Services Administration. Jesson is especially proud of the compa- ny's contract with the State Department, which he could not discuss in detail other than to say that OBXtek is providing the department with various levels of subject- matter expertise. And now the million-dollar question: What's with the name OBXtek? If you're BY MARK HOOVER 34 August 30, 2013 FCW.COM
August 15, 2013
September 15, 2013