On January 29, 2020, TMB received notification through the SeaPort Next Generation (SeaPort-NxG) portal that we had been selected the winner of the Program Executive Office for Integrated Warfare Systems (PEO IWS) Business Financial Management (BFM) Omnibus recompete. This five-year contract is potentially worth $126M to our company and represents a tremendous win that will allow us to continue providing support to one of our longest tenured Navy customers. Under this contract, TMB and its partners provide BFM support across
the entire portfolio of PEO IWS programs both United States Navy (USN) and Foreign Military Sales (FMS). This includes the range of activities necessary to support the full range of the Planning, Programming, Budgeting, and Execution System (PPBES) as implemented in Department of Defense (DoD), Department of Navy (DON), and Naval Sea Systems Command (NAVSEA). This is a tremendously large and complex undertaking requiring over 170 full time professionals per year supporting a dozen different Major Program Managers (MPM) who share common requirements that must be tailored to unique program and product line demands. We must continue to balance a drive for efficiencies through common business practices with an understanding that one size doesn’t fit all in our support.
Thomas Dority, TMB Chief Executive Officer (CEO), commented: “We are extremely blessed to earn this opportunity to continue our work for the PEO IWS. This speaks volumes for the excellent support Team TMB has provided to PEO IWS. No matter if you have worked here for ten years or two weeks, this is a tremendous tribute to your excellence and commitment. We should all be proud of what we have achieved. It is not easy to win such a high-profile engagement after five years on the job. We will not rest on this accomplishment but rededicate ourselves to providing value added support in everything we do.”
As we enter our second five-year contract providing full scope PPBES support to PEO IWS, we will also focus on investing in the future. We believe that it is important to develop the next generation of financial and contract management analysts who will be ready to step in as more senior staff approach retirement. To that end, we plan to redouble our commitment to training and mentoring and in developing fully functioning analysts who are committed to their tradecraft for the long haul. The easy solution is to hire the “full-up round” who, are increasingly, hard to find. We owe it to our PEO IWS customer to ensure that they have a well-balanced workforce of senior, mid-level and junior level analysts today and for many years to come.