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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (44700)9/30/2011 3:51:38 PM
From: Paul Lee  Read Replies (1) of 78661
 
VSEC- anyone still following ? huge contract

VSE Corp., Alexandria, Va., is being awarded a $277,926,039 cost-plus-award-fee, indefinite-delivery/indefinite-quantity contract for continuous lifecycle support of naval vessels bought, sold, or otherwise transferred to Foreign Military Sales customers through the International Fleet Support Program. The services provided to foreign customers and allies under this contract include design, configuration management, field engineering, maintenance planning, maintenance, spare parts support, training, casualty, and depot-level repair. The contractor will provide engineering, technical, procurement, logistics, test, inspection, calibration, repair, maintenance, equipment upgrade installation, and overhaul support services � including reactivation to safe-to-sail status. No funds are being obligated at this time. This contract includes options, which, if exercised, would bring the cumulative value of this contract to $1,503,446,270. This contract involves Foreign Military Sales. Work will be performed in Alexandria, Va., and in various locations throughout the world as required by Foreign Military Sales customers. Contract funds will not expire at the end of the current fiscal year. The contract was competitively procured via the Federal Business Opportunities website, with two offers received. Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-11-D-4229).
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