The Tech7 Company, a Monument-based business, recently won a $489 million contract through the U.S. General Services Administration to help speed the process for acquiring new technology within the Department of Defense, Department of Homeland Security and the Department of Commerce.

President and CEO Juan Echeverry founded Tech7 about 10 years ago and expects the company's work will help cut down the years agencies can spend waiting for new software applications. In time, the work could help speed hardware purchases as well.

During his time as an Air Force officer, Echeverry learned the details of the traditional acquisitions process and how it can feature two to three years focused on refining the requirements that companies must meet and another seven before a product is delivered. Af

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