B3 Group Named One of the Fastest-Growing Companies in Virginia
B3 Group, Inc., a Service-Disabled Veteran-Owned Small Business (SDVOSB) health IT and management consulting firm for the federal government, was named by the Virginia Chamber of Commerce as a Fantastic 50 Award winner.
The Fantastic 50 lists 50 of Virginia’s fastest growing companies. B3 Group is listed number 3 on the list, based on four-year total growth rates. B3 Group’s revenue increased 5,751 percent from 2014 to 2017.
To be eligible for the list, a company must be privately held with its headquarters in Virginia and have revenue between $200,000 and $200 million.
“We’re honored to be listed among such a strong group of local Virginia businesses,” said Dwight Hunt, B3 Group CEO. “Our team has worked hard to provide the highest-quality service to our customers, and we’re excited to continue growing our presence and capabilities to serve the federal government.”
The company was awarded the Department of Veterans Affairs’ (VA) 10-year, $22.3B Transformation Twenty-One Total Technology Next Generation (T4NG) IDIQ in 2016. In the last two years, B3 Group was also awarded more than $240M in federal contracts and was one of 68 companies selected for the $25B Veteran Enterprise Contracting for Transformation and Operational Readiness (VECTOR) IDIQ contract. B3 Group was also ranked in the top 200 fastest-growing private companies in America on the 2018 Inc. 5000 and was named to Washington Technology’s Fast 50 list.
All 50 awardees were announced at the Fantastic 50 Networking Reception and Awards Banquet on May 2 in Chantilly, Va. at the Westfields Marriott.