LMI CEO Doug Wagoner Lands 6th Wash100 Award for Growth via M&A, Contract Wins & AI Push
Executive Mosaic is honored to introduce LMI CEO Doug Wagoner as a sixth-time Wash100 Award recipient for continuing company expansion and innovation through M&A activities, contract awards and artificial intelligence product launches.
The 2025 recognition builds on Wagoner’s win last year, which highlighted his leadership in LMI’s expansion in key markets and realignment of overall strategy.
Vote for Doug Wagoner as your favorite GovCon leader as part of the 2025 Wash100 popular vote competition! Voting closes on April 30, so visit Wash100.com to cast your ten votes today.
“Doug is one of the most well-respected leaders in GovCon, with a string of executive successes. A six-time Wash100 winner, he’s spent the last five years at the helm of LMI, guiding its successful transition to a for-profit enterprise in 2022 and leading the company to big wins with DLA, CMS, DOD, the Army and NASA,” said Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award.
“Before LMI, Doug spent a decade at SAIC, and his influence extends through his roles on the boards of several top think tanks and companies, where he continues to shape the future of the industry. I always appreciate Doug’s insight, leadership and the way he elevates those around him. He has a particularly keen ability to attract and motivate a high-IQ C-suite,” added Garrettson.
Commenting on his Wash100 win, Wagoner said, “I’m deeply honored to be recognized as a 2025 Wash100 honoree alongside such a distinguished group of leaders driving innovation in government and industry. This recognition reflects the incredible work happening at LMI, where we are delivering secure, scalable solutions that help federal agencies tackle tough challenges with speed and efficiency. I’m proud of our team’s impact and excited for what’s ahead as we continue to grow and innovate in support of our customers’ missions.”
LMI’s JJR Solutions Acquisition
Under Wagoner’s leadership, LMI acquired JJR Solutions in an effort to expand its technology modernization capabilities for federal government customers.
Wagoner said when the deal was announced in March 2024 that integrating JJR Solutions’ expertise into the Tysons, Virginia-based management consulting firm solidifies its commitment to providing customers with rapid, innovative, human-centered design offerings.
In a more recent interview with GovCon Wire, Wagoner also shared LMI’s M&A outlook.
“With M&A, we’re not buying revenue. We’re not buying growth. Most of our double digit growth every year has been organically generated. What we buy is access, presence and influence,” siad the LMI chief executive, adding that the company is focused on its current growth trajectory and is sticking to “access, presence and influence” as a beacon to guide its M&A activity.
Notable Contract Awards for LMI
Aside from purchasing businesses, LMI also grew its market footprint with recent contract awards from the government.
LMI secured a potential five-year, $115 million blanket purchase agreement to provide NASA headquarters, directorates and installations with data analysis and technical support services. It also booked a five-year, $55 million contract from the Centers for Medicare and Medicaid Services to support the Medicare Shared Savings Program, and a $19.6 million contract from the Department of Veterans Affairs to enhance suicide prevention strategies. The CMS and VA awards land LMI on GCW’s list of key healthcare government contractors driving innovation in 2025.
The Gen AI Revolution
In September 2024, LMI unveiled LIGER, a generative artificial intelligence platform designed to help federal agencies streamline government operations and provide them with actionable insights and recommendations to address complex challenges, and delivered it to multiple customers including the U.S. Army.
“We were asked to solve a very critical challenge that the F-35 program was having — it grounded the whole fleet. And that was really how we came up with the solution, to create an LLM for logistics, which we know really, really well. And that solution has evolved to what we call LIGER,” Wagoner said during the interview.
He also noted that the federal government is “rapidly looking at gen AI” and is “right there with the private sector in adopting it.”
Wagoner’s LMI Outlook
Looking ahead in the next two to three years, Wagoner would like to win more space business, diversify LMI’s Intelligence Community business and bolster its cyber capabilities. Watch our video interview with the LMI CEO to gain more insight into the firm’s future, priorities and strategies.
Executive Mosaic congratulates Wagoner and the LMI team organization for their inclusion in the 2025 class of the Wash100 Award. Don’t forget to vote for the executive at Wash100.com.