CHELCO to Manage Eglin Air Base’s Electric Distribution System Under $360M DLA Contract

electricity power linesChoctawhatchee Electric Cooperative has won a 50-year, $360.4 million contract from the Defense Logistics Agency to operate and maintain an electric distribution system at Eglin Air Force Base in Florida.

The Defense Department said Wednesday CHELCO will perform work through July 31, 2067, in support of the U.S. Air Force.

DLA’s energy organization received two offers for the contract and will obligate funds from the service branch’s fiscal year 2016 through fiscal 2067 operations and maintenance funds.

DeFuniak Springs, Florida-based CHELCO is a nonprofit electric distribution cooperative that owns and maintains 3, 956 miles of overhead and underground lines.

You may also be interested in...

F-35 Lightning II

State Dept OKs Potential $10B Sale of Lockheed-Made F-35s to UAE

The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.

strategic partnership

DC Capital Aims to Help HTSI Grow Gov’t Footprint via Strategic Partnership

Private equity firm DC Capital Partners has entered into a strategic partnership agreement with Huntsville, Alabama-based system engineering company Hill Technical Solutions Inc. aimed at helping expand the latter's customer base and support work in the government sector.