DynCorp International, Fort Worth, Texas, was awarded a $68,961,578 firm-fixed-price contract for integrated maintenance support services for the Saudi Arabian National Guard Aviation.
Work will be performed in Saudi Arabia, with an estimated completion date of Feb. 17, 2020. Bids were solicited via the Internet with six received. Fiscal 2015 other procurement funds in the amount of $68,961,578 are being obligated at the time of the award.
IAP Worldwide Services, Inc. announced today that it has been awarded a contract under the Mobile Alabama Corps of Engineers to provide Operations and Maintenance (O&M) for the power plant at the Joint Task Force Bravo base located at Soto Cano, Honduras.
"We are pleased to have this opportunity to bring IAP's global power solutions to the U.S. Southern Command (SouthCom) and establish our footprint in this important geographical region of the world. SouthCom encompasses 31 countries and 15 areas of special sovereignty," said Rick Nohmer, IAP Vice President of Operations. "We will begin moving demobilized power units from Afghanistan that we've stored in our Dubai warehouse facility into Honduras this month in preparation for the exchange of power equipment located on the air base."
MELBOURNE, Fla. and MCLEAN, Va. — Harris Corporation and Exelis, Inc. today announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value. The agreement has been unanimously approved by the Boards of Directors of both companies. The transaction is expected to close in June 2015 and is subject to customary closing conditions, including regulatory and Exelis shareholder approval.
"Acquiring Exelis is transformational for Harris," said William M. Brown, chairman, president and chief executive officer of Harris. "The combination of the two companies' highly complementary core franchises creates a competitively stronger company with significantly greater scale. We are expanding in a market, where we have decades of success and a workforce dedicated to providing our customers with innovative and cost-effective solutions for some of their most complex challenges."
