ITT Exelis an awardee on Global Tactical Advanced Communication Systems contract
ITT Exelis (NYSE: XLS) has been selected as an awardee on the GTACS (Global Tactical Advanced Communication Systems and Services) indefinite-delivery, indefinite-quantity contract with a potential ceiling of $10 billion.
The five-year multiple task order contract was issued by the U.S. Army’s PEO C3T (Program Executive Office Command, Control and Communications-Tactical). It calls for the rapid acquisition of a wide range of tactical command, control and communications systems, hardware, software, engineering services and logistics support services.
Global Military Communication Industry 2015 Market Research Report
The awardees will also provide support to other Department of Defense organizations and U.S. federal government agencies in a variety of areas. The contract structure allows for competitive delivery order awards for C3 solutions among pre-qualified contractors in a cost-effective and timely manner, maintaining competition throughout the term of the contract period.
“The initial task orders from this contract are expected to be released in 2013 and will fall under the three key task areas of Development, Production and Deployment, and Sustainment,” said Bob Durbin, acting vice president and general manager of the Exelis communications and force protection systems business area. “As a flexible and agile company with affordable and ready now solutions, we are uniquely suited to meet our Army customer’s needs under this contract helping them meet demanding mission requirements.”
There were a total of 20 awardees falling into two categories of large and small companies. Of those 20, 14 were large and 6 were small companies.
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Source : ITT Exelis
Mar 14 - 15, 2016 - London, United Kingdom