Navy Awards $150M Technical Engineering IDlQ to Booz Allen, ManTech, Schafer

Booz Allen Hamilton (NYSE: BAH),  ManTech‘s (NASDAQ: MANT) subsidiary SRS Technologies and Schafer Corp. are among four awardees on a potential $150 million U.S. Navy indefinite-delivery/indefinite-quantity contract.

Work on the cost-plus-fixed-fee, multiple award contract will be for advanced technical engineering services that support programs and initiatives at the Defense Advance Research Project Agency‘s tactical technology office.

Ninety-five percent of the work will be performed in Arlington, Va. and is expected to be completed by October 2012. The Space and Naval Warfare Systems Center Atlantic, Charleston, S.C., is the contracting activity.

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