According to the Department of Defense, “Bechtel National, Parsons, Raytheon (NYSE: RTN) and URS Federal Services (NYSE: URS) are each being awarded a multiple award indefinite-delivery/indefinite-quantity contract to provide integration services supporting the Defense Threat Reduction Agency’s Cooperative Threat Reduction Program. The maximum estimated combined total of all four contracts will not exceed $950, 000, 000. This contract consists of a five-year base ordering period with one one-year optional ordering period. Work will be performed at various locations overseas and is expected to be completed April 2020 (April 2021 if the option is exercised). Contract funds for the $500, 000 minimum guarantee for each contract will not expire at the end of the current fiscal year. This requirement was competitively awarded through the Federal Business Opportunities website, with eight offers received. The Defense Threat Reduction Agency, Fort Belvoir, Va., is the contracting activity.”
Bechtel, Raytheon, URS, Parsons to Work on Defense Threat Reduction Agency Project
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