ESN Named Among Nation’s Fastest-Growing Hispanic Companies

ARLINGTON, VA – Engineering Services Network, Inc. (ESN), a leading engineering and IT solutions company in Arlington, VA, announced today that it is among HispanicBusiness.com’s 100 fastest-growing companies in 2014.

Michael Caplinger of HispanicBusiness.com wrote: “Companies on the 2014 Hispanic Business Fastest-Growing 100 list saw revenues shoot up an average of 203.1 percent from 2009-2013, defying the odds and the economic climate to post some very impressive growth during that period.”

ESN, a Hispanic-owned company founded in 1995 by retired Navy Cmdr. Raymond F. Lopez, Jr., ranked 96th on the list—with an astounding five-year sales growth of 49%. HispanicBusiness.com noted that ESN had a compound annual rate of 10.44%, jumping from revenues of $25.8 million in 2009 to $38.3 million in 2013.

“We’re honored to be recognized by Hispanic Business in its 2014 Fastest-Growing 100 list,” said Mr. Lopez, ESN’s President and CEO. “Our efforts to increase our services from Navy-centric offerings to IT solutions have helped ESN expand its customer base to include the Air Force, Veterans Affairs and other federal agencies. Through those changes, we have continued our commitment on providing cost-effective, on-time solutions to our customers.”

For years, ESN had ranked among the top 500 Hispanic-owned companies in the U.S., as ranked by Hispanic Business. Because of the Great Recession, Hispanic Business shifted course this year and whittled the 30-year-old list down to the Top 100 earners.

“While the index long proved to be a solid barometer of the Hispanic market in this country, tough economic times along with a flurry of mergers and acquisitions have pared the number of companies that qualify for the index,” HispanicBusiness.com wrote. “In recognition of that, we have streamlined the index to just 100 top earners.”

ESN is proud to stand among the companies that survived this beleaguered economy. Although ESN didn’t make it among the 100-largest Hispanic-owned companies, its achievements haven’t gone unnoticed. ESN has ranked on HispanicBusiness.com’s list of the fastest-growing 100 companies during the last five-year period.

“We at ESN have focused on using the opportunities presented by the Great Recession to accelerate our growth, as evidenced in the latest ranking in the Top 100,” said Mr. Lopez. “We believe we are witnessing the beginning of an improved economy.”

He added: “I look for improvement in the Federal space and to maintain what we have in the Department of Defense. Our new concentration will be on workforce development and to realign our market offerings.”

 

The company has about 250 employees in the U.S. and overseas.


 

About Engineering Services Network, Inc.

ESN is a trusted leader in engineering and technology solutions. For nearly two decades, ESN has been proudly standing “Shoulder to Shoulder®” with our military and government customers, delivering critical services for missions that matter. ESN provides our military and government customers with mission-critical services in the areas of: professional management & systems engineering services; cyber security & information / mission assurance services; network design, integration, & data center consolidation services; enterprise IT ITIL & ITSM services; systems development & life-cycle services; health IT services; and acquisition services.

 

Based in Arlington, VA, ESN has regional and field offices throughout the U.S. and worldwide. Founded in 1995, ESN is ISO 9001:2008 certified and has achieved Software Engineering Institute’s Capability Maturity Model Integration (CMMI) Maturity Level 2 for Services v 1.3, and CMMI Maturity Level 3 for Development v 1.3.

ESN customers include the VA, U.S. Navy, U.S. Army, U.S. Air Force, U.S. Marine Corps, Military Sealift Command, Department of Health and Human Services and other federal agencies. Visit ESN at esncc.com.  ESN is a VA-Certified Service-Disabled Veteran-Owned Business.

 

ESN Company Contact:
Dennis Groh
Chief Marketing Officer at ESN
2450 Crystal Drive, Suite 1015
Arlington, VA 22202
Office: 703-412-3640, Mobile: 703-909-3914; DGroh@esncc.com

 

ESN Public Relations/Media Contact:
Carol Castaneda
Castaneda Global Communications for ESN
Office: 703-369-0414, Mobile: 703-863-9960; Castaneda@cgcprmedia.com