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
Related Articles
CACI International Inc. (NYSE: CACI) announced Thursday it has signed a definitive agreement to acquire financial management and business analytics services provider Delta Solutions and Technologies Inc. for an undisclosed amount. CACI said it expects the deal to increase its earnings per share in the year after the expected July 1 close and open new
BAE Systems won a deal from the U.S. Army to manage, operate and maintain the Radford Army Ammunition Plant in southwest Virginia. According to the firm, “the operating contract includes a 10-year base plus three five-year options, which, if fully exercised, will extend the award thru 2036. Initially, the Army has awarded approximately $850 million
ITT Corporation (NYSE: ITT) CEO Steve Loranger is set to present at the 2011 Electrical Products Group Annual Spring Conference in Longboat Key, Fla. on Monday, May 16, the firm reports. Loranger’s comments will begin at 9:00 a.m. EDT.