New Mexico Technology Group L.L.C. in El Paso, TX received a $78 million cost-plus-award-fee contract for Mission Support Services for the White Sands Missile Range, NM. This is a 10-year contract that is expected to be complete by Nov. 30, 2016; bids were solicited via the World Wide Web on Aug. 18, 2006, and 3 bids were received by the U.S. Army Contracting Agency, White Sands Missile Range, NM (W9124Q-07-C-0504).
Northrop Grumman Corporation recently announced that it will acquire all of the outstanding shares of Essex Corporation for $24 per common share in cash. This gives the transaction a value of about $580 million, including the assumption of Essex’s debt.
Essex Corp’s focus areas include signal processing, information assurance, optics and optical processing, and systems engineering and integration. Their own release had a different focus, and stressed the firm’s rapid growth from 2000 to 2006…
United Technologies Corp. subsidiary Pratt & Whitney of East Hartford, CT received a $30.7 million fixed-price with economic price adjustment contract modification. It provides for FY 2007 Interim Economic Price Adjustment (EPA) and FY 2007 multi-year funding for procurement of 32 each F117-PW-100 engines for installation on C-17 Globemaster III heavy transports. The F117-PW-100 is the military version of the PW2000 engine that powers the Boeing 757 and Ilyushin IL-96, and each C-17 requires 4 engines.
At this time, all funds have been obligated, and work will be complete December 2007. The Headquarters Aeronautical Systems Center, Wright-Patterson Air Force Base, OH issued the contract. (F33657-02-C-0006/P00023).
IAP World Services in Cape Canaveral, FL received a $25.8 million cost-plus-award-fee contract for Base Operations Support at Walter Reed Army Medical Center. Work will be performed in Washington, DC, and is expected to be complete by Nov. 3, 2011. Bids were solicited via the World Wide Web on June 4, 2003, and 1 bid was received by the U.S. Army Medical Command at Fort Sam Houston, TX (W81K04-07-C-0003).