Four Firms Receive $80M Increase on Navy Contingency Construction Services Contract

Jeff Brody

AECOM’s (NYSE: ACM) URS subsidiary, Jacobs Engineering Group‘s (NYSE: JEC) CH2M business, KBR  and Environmental Chemical Corp. have been awarded an $80M contract modification for global contingency construction services.

The modification increases the potential value of the original indefinite-delivery/indefinite-quantity contract to $966M and covers construction and engineering services to support humanitarian assistance missions encompassing natural disasters, conflict and similar occurrences, the Department of Defense said Tuesday.

The Navy issued an $86M modification in late 2018 under the initial $800M IDIQ the service branch awarded in June 2013.

Contractors may be tasked to provide initial base support services as part of the award.

Naval Facilities Engineering Command Atlantic will obligate funds upon issuance of each modification to existing task orders.

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.