Contract Awards

RER Solutions Awarded $300M SBA Contract for COVID-19 Loan Recommendation Services

rer-solutions-awarded-300m-sba-contract-for-covid-19-loan-recommendation-services

RER Solutions has secured a $300 million contract to help the Small Business Administration to determine small business loan recipients during the COVID-19 pandemic, Bloomberg Government reported Wednesday. The CARES Act federal stimulus package includes $349 billion in loans for smaller companies impacted by the coronavirus crisis and its economic effects.

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GMU GovCon Center: Federal Gov’t Uses Rapid Contracting Approaches for COVID-19 Response

Jerry McGinn GovConExpert

A report by George Mason University’s Center for Government Contracting says federal agencies have been using rapid contracting procedures to speed up contract awards in response to the coronavirus pandemic. Agencies are using Federal Supply Schedules as one of the contract flexibilities under the Federal Acquisition Regulation. Government-wide contracts accounted for $527M of COVID-19-related contract obligations, while indefinite-delivery/indefinite-quantity contracts represented $787M.

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Lockheed Lands $519M Navy FMS Contract to Develop Frigate Fire Control, Radar Processing Systems

lockheed-lands-519m-navy-fms-contract-to-develop-frigate-fire-control-radar-processing-systems

Lockheed Martin (NYSE: LMT) has secured a potential 10-year, $519.1M foreign military sales contract from the U.S. Navy to develop a fire control loop and a solid-state S-band radar processing group for Spanish warships equipped with the Aegis combat system.

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Six Firms Awarded Navy Integrated Logistics Support Contracts

six-firms-awarded-navy-integrated-logistics-support-contracts

The U.S. Navy has awarded six companies contracts to provide integrated logistics services in support of the planning, management and implementation of mechanical, hull and electrical and construction systems and related initiatives. The Naval Surface Warfare Center Philadelphia Division received eight bids and expects work to occur in several locations across the U.S., Japan and Italy through April 2026, the Department of Defense said Wednesday.

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