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Peter LaMontagne on Paradigm’s New FAA Contract

Paradigm Holdings, Inc. (OTCBB: PDHO) won a contract to support power systems installation and construction services for the Federal Aviation Administration (FAA). According to the firm estimates the five-year value of the contract to be in excess of $40 million, based on multiple task orders to be completed over the life of the contract.

“We are extremely excited by the new business development momentum that we have generated, ” said CEO Peter LaMontagne. “The FAA IDIQ is our second prime contract win in 2010 and marks the fifth overall new contract win at Paradigm this year. We are beginning to see the results of our strategic focus on cyber security and mission critical infrastructure, along with diligent bid and proposal activity.”

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