Armaments Research Company, Inc. (ARC) Ranks No. 1568 on the 2023 Inc. 5000

With Three-Year Revenue Growth of 363 Percent, ARC Ranks No. 1568 Among America’s Fastest-Growing Private Companies

NEW YORK–(BUSINESS WIRE)–Inc. revealed today that Armaments Research Company, Inc. (ARC) ranks No. 1568 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. Notably, ARC ranked in the list’s top 250 software companies nationally and top 100 high-growth firms in the Washington D.C. area. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

“This achievement showcases our team’s dedication, innovation, and commitment to our national security and public safety customers. I’m immensely proud and grateful for their efforts,” says ARC CEO Michael Canty.

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Wednesday, August 23.

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

ARC technical solutions and case studies are available for individual demonstration. Interested parties are invited to visit armaments.us and contact [email protected] for more information.

Methodology: Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Inc.: Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

About Armaments Research Company, Inc.: Founded in 2016, ARC is a privately-owned, top-secret-cleared, Washington D.C.-based technology firm, led in tandem by innovative technology experts and combat-tested military veterans. ARC’s original solutions were developed under DARPA and National Science Foundation sponsorship, leveraging state-of-the-art internet-of-things (IoT) and machine learning (ML) technologies to transform weapons into information nodes or ‘sensors’ and arm Commanders with advanced, real-time decision support.

Contacts

Jeff Denton, COO

Armaments Research Company, Inc.

925-219-0806

[email protected]