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Archives by date > 2006 > November > 2nd

Czech Government Sells AERO Stake for $587M

Nov 02, 2006 09:37 UTC

AIR_L-159_Top_Armed.jpg

AERO L-159A

The state-owned Czech firm AERO Vodochody a.s. has a long history of success, from its ubiquitous L-39 trainer and light attack aircraft and its successor L-59 to more recent endeavours like the L-159A/B Albatros. It also produces the Ae270 Ibis light aircraft, makes airframes for Sikorsky’s S-76 civilian helicopter, and is part of the C-27J Spartan light tactical transport partnership with Alenia. Among other endeavors.

State owned no more, it seems. A recent release notes that PENTA Group company Oakfield a.s. has submitted the highest offer in the amount of CZK 2.91 billion (about $129.6/ EUR 102.6 million), winning the tender for the firm’s privatization and taking on both the government’s 99.98% share total and the firm’s CZK 10.3 billion (about $457.5/ EUR 363.2 million) debt to the state.

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USMC Orders for Gyrocam Products Continue to Rise

Nov 02, 2006 08:19 UTC

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A friend in high places

Oct 16/06: Gyrocam Camera Systems in Sarasota, FL received an additional $51.7 million firm-fixed-price delivery order under previously awarded contract M67854-06-D-5034, covering 140 of its Triple-Sensor gyrostabilized camera systems [PDF] used for surveillance and early IED land mine detection. The contract also includes associated manuals, deployment kits, installation, integration support, fielding support, deployment blocks of repair parts, and associated training.

Work will be performed in various locations within the countries of Iraq and Afghanistan, and is expected to be complete by October 2007. This delivery order is a sole source award to Gyrocam Systems LLC based on an urgent and compelling need. The Marine Corps Systems Command in Quantico, VA issued the contract, which also included a $43.4 million order in June 2006 for 67 TS camera systems plus support. Those systems were slated for deployment on the USMC’s mine-resistant Cougar EOD/patrol vehicles; no specifics were given concerning the recent order.

$8.5M for Army-NG Readiness Center in Rseville, CA

Nov 02, 2006 02:20 UTC

Small business qualifer JMR Construction Corp. in Folsom, CA won an $8.5 million firm-fixed-price contract for construction of a California-Army National Guard Readiness Center and 2 additional buildings in Roseville, CA. Work is expected to be complete by Dec. 11, 2007. There were 16 bids solicited on Dec. 22, 2005, and 4 bids were received by the U.S. Army Corps of Engineers in Sacramento, CA (W91238-07-C-0001).

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