Ducommun Receives Contract for Modular Space Vehicles ProgramLos Angeles - Ducommun Incorporated (NYSE: DCO) today announced that its Miltec subsidiary was selected to help develop multi-mission space vehicles under the U.S. Defense Department's Operationally Responsive Space (ORS) Office's Modular Space Vehicles (MSV) program. The award, made by NASA acting as the contracting agent for the ORS Office, is for an indefinite-delivery, indefinite-quantity, cost-plus fixed-fee contract with a five-year period of performance. Under the terms of the contract, Miltec will provide support for the ORS Office at Kirtland Air Force Base, N.M. working on innovation, standards, and architecture, showcasing Miltec's ability to enable affordable space solutions.
Anthony J. Reardon, president and chief executive officer, stated, "The MSV program will deliver modular payloads and satellite bus systems to meet a wide variety of space and military needs. This is a significant win for our Miltec division and helps solidify our strategic thrust in supporting the space market. This next-generation design will revolutionize satellite deployment, and our team sees the award as an opportunity to influence such developments for decades to come."
Global Military Satellite Market 2014-2024
Miltec Corporation, a wholly owned subsidiary of Ducommun Inc., provides system solutions and engineering support to missile and space customers.
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Source : Ducommun Inc.
Sep 2 - 3, 2015 - Singapore, Singapore