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LMI

Collects and remanufactures printer cartridges sustainably

Overview

Clover Imaging is a leading provider of refurbished and remanufactured printer cartridges. It operates by collecting used cartridges, refurbishing and testing them, and selling remanufactured supplies that are compatible with common printers. This process lets organizations cut printing costs by up to 40% while significantly reducing waste and environmental impact. The company differentiates itself through its large scale, award-winning environmentally friendly approach, and focus on sustainable innovation rather than simply offering new cartridges. Its goal is to reduce the environmental footprint of printing while helping customers save money on consumables.

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About LMI

Simplify's Rating
Why LMI is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Government & Public SectorEnterprise SoftwareAI & Machine LearningDefense

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Phoenix, AZ

Founded

1996

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Simplify's take

What believers are saying

  • Army awarded LMI Consulting a $99 million IDIQ on September 30, 2026.
  • SHEPRD supported Ivy Sting 4 and NGC2, proving operational value inside Army environments.
  • Evans announced LMI's defense and intelligence focus on faster client capability delivery.

What critics are saying

  • The $99 million Army award is ceiling value; LMI still depends on future orders.
  • Heavy reliance on Army and defense buyers ties revenue to procurement timing through 2031.
  • Without scalable product revenue, LMI stays a services contractor vulnerable to displacement by primes.

What makes LMI unique

  • Graham Evans joined LMI in August 2026, importing Booz Allen AI and platform discipline.
  • SHEPRD, launched on Tradewinds in October 2026, fuses threats, routes, terrain, and protection.
  • LMI pairs advisory contracts with deployable software, not pure staffing, across defense missions.

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Benefits

  • Remote Work Options

Company News

ExecutiveGov
Nov 2nd, 2026
David Zolet joins Thales Defense & Security as CEO.

David Zolet joins Thales Defense & Security as CEO. * Five-time Wash100 awardee David Zolet has joined Thales Defense & Security as CEO * He was previously CEO at Astrion, LMI and CentralSquare Technologies * Zolet has also served in leadership positions at Northrop Grumman and LMI David Zolet, a five-time Wash100 Award winner, has joined Thales Defense & Security as CEO, replacing Michael Sheehan, the company announced Monday. Table of Contents Zolet has more than 30 years experience leading companies at the forefront of government services, technology and defense. Before joining TDSI, Zolet was chief executive at Astrion, LMI and CentralSquare Technologies. Where did David Zolet previously work? In addition to his CEO roles, Zolet also held senior positions at IBM, Northrop Grumman and DXC Technology, where he guided large operations and helped companies improve performance and broaden capabilities. "David is a highly respected leader whose experience and strategic vision make him the right choice to lead Thales Defense & Security," said Rob Geckle, Thales North America CEO and a 2023 Wash100 Award winner. "We are excited to welcome him and look forward to his contributions as TDSI continues to support defense customers with critical technologies." Get insights into the future of the services market unavailable anywhere else at the Potomac Officers Club's 2027 Defense R&D Summit on Feb. 4. Unlock insights about critical defense technologies including unmanned systems, 5G, AI, quantum and more. Get a direct line on where defense R&D money is headed next at panel discussions like Nowhere to Hide: Multi-Sensor Intelligence for the Maritime Domain. Sign up now! What is Thales Defense & Security? Thales Defense & Security develops technologies that support defense and security missions in the land, sea and cyber domains. This includes satellite and tactical communications, undersea sensing, avionics, electronic warfare and maritime systems. TDSI, under Zolet, will continue bolstering its partnerships and capabilities to address operational hurdles facing military and government customers. "As the global security environment grows more complex, defense customers need advanced technologies and integrated capabilities to meet evolving mission requirements," said Zolet. "TDSI combines leading technologies, deep expertise and customer focus, backed by the strength of Thales globally. I look forward to working with TDSI's talented employees to build on their accomplishments and advance the missions our customers depend on us to support." What are David Zolet's significant contract awards? Zolet guided Astrion to significant defense contracts during his time as CEO. Beyond New Horizons, Astrion's joint venture with Fluor, landed a 12-year, $37 billion Test Operations and Sustainment, a.k.a. TOS II, contract from the Air Force. This award, in support of the Arnold Engineering Development Complex, created a new period of aerospace testing for the service. The Army also awarded Joint Technical Solutions, an Astrion joint venture with AI Signal Research, a five-year, $910 million award to deliver engineering and test services for the Redstone Test Center. Astrion was founded in December 2023 after the merger of Oasis Systems and ERC, with a goal of assisting space, defense and civilian government agencies tackle systems engineering, cybersecurity, mission support and digital issues.

GovCon Wire
Sep 15th, 2026
Former Booz Allen executive Graham Evans joins LMI as president of national security.

Former Booz Allen executive Graham Evans joins LMI as president of national security. * Graham Evans will oversee LMI's defense and intelligence business * He brings more than 16 years of experience at Booz Allen Hamilton * Evans most recently led AI and platform work at Booz Allen's defense technology group LMI named long-time Booz Allen Hamilton executive Graham Evans president of national security, the executive announced on LinkedIn Friday. Evans will oversee the company's defense and intelligence business. Who is Graham Evans? Evans is a data platform and enterprise analytics executive with extensive experience helping defense customers put cloud-based analytics to work and adopt technologies such as open architectures, machine learning and DevSecOps. In the new role, he will focus on helping defense, space and national security clients field new capabilities faster by leveraging mission, technology, program delivery and growth functions. What experience does Evans bring? Evans spent more than 16 years at Booz Allen Hamilton before joining LMI. He most recently served as senior vice president in the company's defense technology group, overseeing artificial intelligence and platform work for senior defense customers throughout the enterprise. He also served as vice president, principal and director. He joined Booz Allen in 2010 as a senior associate, a role he held for more than nine years. During his tenure at Booz Allen, his work covered AI, enterprise analytics, rapid software development and reusable products for national security missions, as well as enterprise architecture, agile development, DevOps and data science. Evans pointed to LMI's SHEPRD threat management tool as an example of the company's approach to developing defense technology when announcing his appointment. He said SHEPRD brought threat data, asset locations, terrain and protection coverage together in a real-time common operating picture during Ivy Sting. The tool, which was recently launched at the Department of War Chief Digital and Artificial Intelligence Office's Tradewinds Solutions Marketplace, was built alongside soldiers and refined under real-world conditions. SHEPRD was also part of LMI's rapid development work for the Army's Next Generation Command and Control environment, providing a direct example of the type of defense technology Evans will oversee as president of national security. Evans started his career as a systems engineer at Gibbs & Cox.

ExecutiveBiz
Sep 2nd, 2026
RIVA names David Acton as chief financial officer.

RIVA names David Acton as chief financial officer. by Jamie Bennet September 2, 2026, 11:38 am * RIVA Solutions has chosen David Acton as chief financial officer amid plans to expand its federal market presence * Acton most recently served as CFO of defense information technology company ISI * Acton was appointed CFO at companies including Suntiva, Navstar, Edge Technologies and Avant-Garde Technology Solutions RIVA Solutions announced on LinkedIn the appointment of David Acton as chief financial officer. The company said its financial fundamentals will be strengthened by the professional experience Acton brings, which covers close to three decades in financial leadership, including 25 years in government contracting. Who is David Acton? Before joining RIVA, Acton was CFO at defense information technology firm ISI. He served the same role for seven years at Suntiva, which has since been acquired by LMI, as well as at companies including Navstar, Johnston McLamb and Edge Technologies. He briefly served as CFO and COO at Avant-Garde Technology Solutions from 2008 to 2009. Acton worked as vice president of finance at SiloSmashers and A-TEK. Earlier in his career, he was also VP controller at Consolidated Safety Services, controller at GeoTrans and assistant controller at Electronic Warfare Associates. What are the other recent executive changes at RIVA Solutions? Acton's appointment comes more than a month after RIVA selected Sean Fitzpatrick as chief digital officer. Fitzpatrick joined the firm in 2022 as senior vice president of human-centered design. He has since led the development of the company's proprietary iDX methodology, which folds strategy, design, accessibility, content and engineering into a single delivery model that has supported modernization efforts for agencies including the Department of Agriculture and the Nuclear Regulatory Commission. The promotion gives Fitzpatrick oversight of the company's approach to digital service delivery, user experience and human-centered design work for federal clients.

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