Tag Archives: contract option

Air Force Exercises $76M Contract Option for Raytheon Aerial Decoy Jammers

Raytheon (NYSE: RTN) has received a $76.1 million contract option to continue the production of Miniature Air Launched Decoy Jammer flight vehicles and support equipment for the U.S. Air Force. The Defense Department said Thursday the exercised option covers lot 10 of MALD-J vehicles and Raytheon’s missile systems business will perform work in Tucson, Arizona through …

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3 Firms Land $107M in Contract Options Under Navy SSC Pacific C4ISR IDIQ

The U.S. Navy has awarded $107.3 million in total options under a previously awarded contract to three companies for command, control, communications, computers, intelligence, surveillance and reconnaissance services. Assured Space Access Technology, Koam Engineering Systems and Tactical Engineering & Analysis will continue to provide C4ISR support for the Space and Naval Warfare …

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CGI Secures Army Training Support Contract Option

TYSONS CORNER, VA, Aug. 19, 2016 — CGI (NYSE: GIB) has received a $34.2 million contract option to provide operating environment support services to the Army Training and Doctrine Command‘s intelligence directorate, ExecutiveBiz reported Thursday. It represents the first option year under a potential five-year $124 million contract awarded in 2015 and covers the provision of scenario development tools, …

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Harris Lands $106M AF Follow-On Award for Ground-Based Systems Support

Harris (NYSE: HRS) has secured a $106 million follow-on contract option from the U.S. Air Force to provide a range of ground-based systems support services for missile warning, missile defense and space surveillance operations. The company said Wednesday the follow-on award covers depot-level maintenance, repairs, upgrade, contractor logistics support and others for six weapon systems across 12 …

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DOE Exercises $750M Option to Extend Fluor-Led Team’s Portsmouth Plant Decommissioning Work

The Energy Department has exercised a contract option valued at $750 million to extend decontamination and decommissioning work at the Portsmouth Gaseous Diffusion Plant in Ohio to be performed by a Fluor-led (NYSE: FLR) team. Fluor said Thursday the Fluor-BWXT Portsmouth partnership will employ the help of subcontractors CH2M,  Pro2Serve, Innovative Solutions and Wastren …

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AT&T to Provide Emergency Comms Support to DHS Under Contract Option Year 2

TYSONS CORNER, VA, April 5, 2016 — AT&T (NYSE: T) will provide emergency communication services to the Department of Homeland Security under an $11.7 million award to exercise the second option year in a previously awarded contract, ExecutiveBiz reported Monday. The Defense Department said Friday AT&T will support the Priority Telecommunication Service …

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Raytheon’s Navy SM-6 Contract Reaches $573M With Contract Modification Award

Raytheon (NYSE: RTN) has received a potential three-year, $270.5 million contract modification to bring the total value of its Standard Missile-6 contract with the U.S. Navy to $573.2 million. The Naval Sea Systems Command awarded the contract modification to exercise the fiscal 2016 option under the previously awarded contract, the Defense Department said Friday. SM-6 is designed to be deployed …

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AECOM-CH2M Hill JV to Continue Cleanup at DOE’s Oak Ridge Reservation Sites; James Taylor Comments

A joint venture of AECOM (NYSE: ACM) and CH2M Hill will continue its cleanup work at the Oak Ridge Reservation in Tennessee after the Energy Department exercised $104 million in contract options. DOE originally awarded the potential $2.5 billion contract in 2011 and work started in August of that year, the companies said Thursday. “We will …

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Raytheon to Supply More USAF Jammer Missiles for $92M

Raytheon (NYSE: RTN) will continue its support for the U.S. Air Force under a $91.6 million contract modification to exercise the option for Lot 8 of the Miniature Air Launched Decoy Jammer missile program. The Defense Department said Wednesday Raytheon’s missile systems business will deliver 250 MALD-J missiles and perform work at its facility in Arizona through June …

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BAE Wins $142M Army Howitzers Contract Option

BAE Systems has been awarded a $147 million contract to manufacture 18 additional self-propelled howitzers with 18 ammunition carriers for the U.S. Army. The follow-on award represents the first of three production year options under a contract BAE won in October 2013 through the Army’s Paladin artillery system modernization, the …

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