Bob Kwaja
CFO, Two Six Technologies
Since 2021, Bob Kwaja has overseen Two Six Technologies’ strategic acquisition of four companies, leading the extensive processes of due diligence, valuation, negotiations, acquisition financing and closings for all four transactions. While the acquired companies strategically complement and expand Two Six’s capabilities, products and customers, there were significant challenges to integrate the independent operations of all the companies. Kwaja worked tirelessly to complete these critical processes, building the Two Six infrastructure and organizational capacity and then integrating the acquired companies.
Driven by Kwaja’s leadership, Two Six successfully integrated all the various teams, systems, processes, policies, benefit structures, payrolls, pricing structures and capital deployment strategies. This success enabled Two Six to scale and grow faster, while also remaining focused on performing exceptionally well on all active programs and delivering technology solutions for U.S. government customers.
Under Kwaja’s leadership, Two Six successfully executed its strategy to grow both organically and inorganically, and financial results have been outstanding. The company generated 25% annual revenue growth, increased headcount by 175% since 2021, and recorded as of midyear 2024 nearly $600 million of backlog to sustain future growth. In 2023 alone, Two Six increased revenue by 25%, product annual recurring revenue (ARR) by 29% and EBITDA by over 50%.
“Bob Kwaja has been an exceptional leader and dedicated resource at Two Six,” said Joe Logue, CEO of Two Six Technologies. “His impact on our strategic growth is astounding.”
Why Watch
Kwaja and his team have strategically implemented a product-based revenue model for Two Six. The company’s emphasis on developing and deploying products boosted the success of the Two Six products portfolio, including IKE, Pulse, SIGMA, CircuitRE and TrustedKeep, which provide faster, scalable and more impactful solutions than traditional services.
Starting from a very small base in 2021, Two Six’s product ARR has grown very rapidly, reaching $50 million at year-end 2023. Delivering solutions in this ARR model both differentiates Two Six from most government contractors and provides strategic value to national security customers who need rapid, flexible and scalable solutions for their mission requirements.
“Our success is a testament to our employees’ unwavering commitment to helping our customers achieve their critical missions,” Kwaja said.
Fun fact: Outside the office, Kwaja enjoys golfing — not because he finds it relaxing, but because he enjoys the challenge.