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Tag Archives: contract option

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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Ward Johnson: NASA Extends Jacobs’ Test Support for Kennedy Space Center

Jacobs Engineering Group (NYSE: JEC) will continue to provide test and operations support to the Kennedy Space Center for another two years after NASA exercised a $172.8 million contract extension option. The company said Tuesday the modification also includes a concurrent two-year extension of the indefinite-delivery/indefinite-quantity provision for task orders. “We are pleased to support …

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Vantage Partners to Continue NASA Glenn Center Aeronautics Support

Vantage Partners will continue providing engineering and scientific services to NASA‘s Glenn Research Center after the agency exercised the second option of the company’s potential $231 million contract for the work. NASA said Wednesday the one-year option is worth an estimated $46 million and starts in October. The company supports the Cleveland-based research center’s aeronautics and …

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Mike Twyman: Northrop to Update DISA’s C2 Software

Northrop Grumman (NYSE: NOC) will continue upgrade and sustainment work on a system that U.S. military agencies use for joint and multinational operations under a $53 million contract extension. This award exercises an option on a contract Northrop holds with the Defense Information Systems Agency for the Global Command and …

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