Chenega Corp.: revenues keep rising: this Native village corporation tripled revenues in 2002 and doubled it in 2003.

• Author: Orr, Vanessa
• Position: ABM's top 49ers: business blockbusters - Company Profile

2004 Top 49er Ranking: 6

Position Last Year: 12

2003 Revenues: $234 million

Number of employees: 2,000

Chenega Corp., an Alaska Native village corporation headquartered in Anchorage, has had some very good years. In 2001, the company had revenues of $43 million, which they nearly tripled in 2002 to equal $117 million. In 2003, they doubled those revenues to reach $234 million, and in 2004, they expect that number to double again.

"Our growth has been incredible--phenomenal," said Jeff Hueners,m chief operating officer of Chenega Corp. "We credit our exceptional growth to a solid contracting foundation having won several of the largest contracts ever performed by Alaska Native corporations. Our performance ratings as a professional services con tractor have been excellent, and we are providing our government agency clients the solutions and service they deserve and require. Beyond that, we've seen large-scale increases in scope on existing contract vehicles that we've already won, based on our value added performance and our commitment to a robust quality service level."

A WIDE REACH

Currently, Chenega Corp. provides professional services for approximately 60 to 65 prime contracts in 34 states and seven countries. The corporation also has branch offices in Alexandria and Norfolk, Va.; and in Panama City, Fla. "While our primary line of business is information technology, we also provide professional services in security, military base operations, construction, training, logistics, Intel and military operations, telecommunications, hotel management, environmental services and light manufacturing," explained Hueners.

Three of the fastest growing areas for the corporation are information technology, security and Intel/military operation services. "We do a lot of technology-type contracting and have heavy experience in the intelligence arena," said Hueners. "While other Native corporations have entered into this area on a limited basis, it is not typically one of their primary lines of business."

"We have also capitalized on the number of increased security requests that we received from federal agencies as an after effect of 9/11," he added. "The market for security services has grown rapidly, and it has provided an opportunity for us that was not previously available."

Last year, Chenega Corp. was awarded a $500 million 10-year contract to provide integrated logistic support for the U.S. Customs and Border Protection, and they also signed a...