WorldTech International LLC of Alexandria is playing matchmaker for the feds.
It’s not quite eHarmony, but just as the dating site aligns numerous criteria for compatibility, WorldTech’s subscription-based site is meant to help government agencies find products they need — and contractors to provide them — within the constraints of many, and sometimes vaguely defined, government requirements.
In about six weeks, WorldTech International, formed in 2007 as a joint venture between WorldTech Inc. and Earl Industries LLC, plans to add the Web site to its services for helping government customers and contractors find and use new technologies.
For years, the company has been perfecting its methods for identifying technology trends, learning where technology innovation is happening and determining whether a company should build its own technology or buy it.
A group of former senior Pentagon officials formed WorldTech Inc. in 2002. Three of the founders were responsible for approximately $6.5 billion annually in U.S. foreign military sales, while the others, two engineers, specialized in cost and requirements analysis and technology commercialization.
WorldTech’s other half, Earl Industries, generated $280 million in revenue in 2006, its last full year before merging with WorldTech. The company, previously based in Portsmouth, Va., had 900 employees and was ranked as one of the Navy’s top 50 prime contractors, specializing in ship repair, alterations and modernization.
The combined operation’s customers are private companies and government agencies, including Lockheed Martin Corp., Raytheon Co., the Department of Defense, NASA and the Department of Homeland Security’s Directorate for Science and Technology.