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    You are at:Home»Execs to Know»Top CFOs to Watch in 2024: Two Six Technologies’ Bob Kwaja
    Execs to Know

    Top CFOs to Watch in 2024: Two Six Technologies’ Bob Kwaja

    By Staff WriterSeptember 23, 2024
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    Bob Kwaja, Two Six Technologies

    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 achieved impressive financial results, with 25% annual revenue growth and a 175% increase in headcount since 2021, and nearly $600 million in backlog by mid-2024. In 2023, revenue rose by 25%, product annual recurring revenue 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 small base in 2021, Two Six’s product ARR grew rapidly, reaching $50 million by the end of 2023. Delivering solutions in this ARR model 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.

    See the entire Top CFOs to Watch in 2024 list here. 

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