| new contract  1 bil over 5 yrs 
 Friday, September 24, 2004 - 5:00 PM
 Contracts, Friday, September 24, 2004
 
 CONTRACTS
 
 NAVY
 
 VSE Corp., Alexandria, Va.; Titan Corp., Chesapeake, Va.; Tecnico
 Corp., Chesapeak, Va.; QED Systems, Inc., Virginia Beach, Va.; MILCOM Systems
 Corp., Virginia Beach, Va.; Anteon Corp., Chesapeake, Va.; and AMSEC Corp.,
 Virginia Beach, Va.; are each being awarded a cost-plus-fixed-fee,
 indefinite-delivery/indefinite-quantity multiple award contract for engineering and
 technical services to support Naval Sea Systems Command maintenance, overhaul,
 repair, and alteration of ships systems aboard ships both CONUS and OCONUS.  The
 contract awards encompass a base year and four option years.  For VSE Corp., the
 base year amount is $195,882,595 and the total estimated value of the contract if
 all options are exercised is $1,022,834,437.  For Titan Corp., the base year amount
 is $199,439,939 and the total estimated value of the contract if all options are
 exercised is $1,050,856,238.
 |