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  • Monday, April 29, 2024
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5 Companies to Extend Navy Incidental Construction Services Under $98M Deal

The Naval Facilities Engineering Systems Command Pacific has awarded five companies a $98 million contract modification to continue providing the U.S. military with incidental construction and other global contingency services.

AECOM (NYSE: ACM), Fluor (NYSE: FLR), KBR (NYSE: KBR), IAP and ECC joint venture and V2X (NYSE: VVX) will provide short-term facility support as part of humanitarian assistance, disaster response and military operations, the Department of Defense said Wednesday.

Work will be conducted globally and is expected to wrap up by September 2024.

The modification increases the combined maximum value of the indefinite-delivery/indefinite-quantity contract awarded in September 2016 to $1.1 billion. An earlier modification amounting to $800 million was made in 2021.

NAVFAC Pacific will obligate funds upon the issuance of individual task orders.

The original IDIQ contract has a one-year base performance period with seven option years.

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