In 2024, LMI surpassed $1 billion in bookings for the second consecutive year, with a 70% win rate. These successes highlight the value of LMI’s agile, technology-driven business model, which leverages rapid prototyping and development to turn customer challenges into solutions with unmatched speed, said CEO Doug Wagoner.

LMI’s investments in its innovation ecosystem and digital workforce have established it as an early innovator in generative AI for government, securing over $100 million in AI-focused work across defense, space, intelligence and civilian agencies in the past year.

Why Watch

LMI develops solutions that anticipate customer needs, investing in advanced technologies and applications to deliver Innovation at the Pace of Need in areas like supply chain resilience, contested logistics, predictive maintenance and government efficiency.

LMI’s generative AI platform, LIGER, accelerates federal adoption of secure, reliable AI. It supports mission planning for special operations, vendor sourcing for major weapon systems, help desk automation at a federal health agency and transformation of Defense Department acquisition processes.

“The rapid evolution of technology and the growing complexity of the operating environment have only increased the pressures and pace of the national security and civilian government mission,” Wagoner said. “I see it as a privilege and an imperative to equip those on the front lines with the absolute best tools to get the job done. At LMI, I’m leading a team of innovators who are aligned on that purpose and working hard every day to accelerate the speed at which it gets accomplished.”

Fun fact: Wagoner looks forward to his Spotify Wrapped each December to track his music habits. In 2024, he ranked in the top 30% of Spotify users, listening to over 1,400 unique songs. His most-played artist was Post Malone.