Pentagon Awards $997M for Space and Missile Defense Work

Before you go, we thought you'd like these...
Before you go close icon

On Thursday, the U.S. Department of Defense announced the award of a $997 million cost-plus-fixed-fee, multiple-award-task-order contract for the provision of "systems engineering and technical assistance services in support of the U.S. Army Space and Missile Defense Command."

Nine companies are named as splitting the work and the payment -- all based in Huntsville, Ala., and all privately owned -- and none are subsidiaries of any of the major defense contractors. They include Analytical Services, COLSA Corp., Engineering Research and Consulting; DMD Group, Quantum Research International, Radiance Technologies, Sigmatech, System Studies and Simulation, and Warfighter Solutions.

Work on the contract has an estimated completion date of December 20, 2017.

 

The article Pentagon Awards $997M for Space and Missile Defense Work originally appeared on Fool.com.

Fool contributor Rich Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners