In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Doug Wagoner, president and CEO of LMI, about a wide range of topics impacting LMI and the federal landscape as a whole. The two-time Wash100 Award recipient also talked about the company growth plan, the information technology modernization challenges, the COVID-19 pandemic impact and the operational changes in the U.S. supply chain management.
Here’s an excerpt from the interview with Wagoner discussing LMI’s growth strategy:
“In terms of our long term growth, we do have a strategy to reach $750 million in revenue by 2025. By the end of 2020, we finished just under $400 million and we’ll be well above that mark by the end of this year. We are maintaining that trajectory thus far but it’s not only about growth.
While we want to grow in all sectors, we specifically want to grow disproportionately in intel and federal health to balance out the portfolio and then LMI will be able to ride the budget swings.”
Visit ExecutiveBiz to read the full Executive Spotlight interview with LMI President and CEO Doug Wagoner, and don’t miss our other interviews with the most significant executives of consequence to the federal and government contracting (GovCon) sectors.