URS Corporation (NYSE: URS) today announced that the Company has been awarded an indefinite delivery/indefinite quantity, multiple award contract for education training products and services for the Naval Education Training Command in conjunction with Naval Education Training and Professional Development and Technology Center in Pensacola, Florida. The contract has a one-year base and two one-year option periods. It has a maximum value of approximately $80 million to URS, if all option periods are exercised.
Under the terms of the contract, URS can provide planning and assessment, curriculum development, PC modeling and simulation and program management and staff support services to the Navy.
Commenting on the contract, Randall A. Wotring, President of Federal Services for URS, said: "We have supported the center since 2008 on its important work in ensuring that our forces are well prepared. We are very pleased to continue our work with the award of this new contract by the U.S. Navy."
Source: URS Corp.
Date: Apr 29, 2012