According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $48, 000, 000 maximum value, indefinite-delivery/ indefinite-quantity contract to provide life cycle contractor support for sustainment of the Forward Looking Infrared Radar System and Electro-Optical Sensor System in support of U.S. Special Operations Command, Technology Applications Program Office. The resulting contract will provide life cycle contractor support to the 160th Special Operations Aviation Regiment as well as the Army, Air Force, Navy and Marine components, for FLIR and EOSS systems, and subsystems for ancillary equipment. The work will be performed in McKinney, Texas, and El Segundo, Calif. The contract performance period ends Feb. 28, 2015. This contract was awarded through sole source procedures in accordance with FAR 6.302-1. Technical Applications Contracting Office is the contracting activity (H92241-11-D-0002).”
Raytheon Wins Lucrative Deal with Special Operations Command
Related Articles
CACI International Inc. (NYSE: CACI) announced Thursday it has signed a definitive agreement to acquire financial management and business analytics services provider Delta Solutions and Technologies Inc. for an undisclosed amount. CACI said it expects the deal to increase its earnings per share in the year after the expected July 1 close and open new
BAE Systems won a deal from the U.S. Army to manage, operate and maintain the Radford Army Ammunition Plant in southwest Virginia. According to the firm, “the operating contract includes a 10-year base plus three five-year options, which, if fully exercised, will extend the award thru 2036. Initially, the Army has awarded approximately $850 million
ITT Corporation (NYSE: ITT) CEO Steve Loranger is set to present at the 2011 Electrical Products Group Annual Spring Conference in Longboat Key, Fla. on Monday, May 16, the firm reports. Loranger’s comments will begin at 9:00 a.m. EDT.