CDI Corp. [CDO] recently said it has acquired DSPCon Inc., an engineering and software development firm headquartered in Bridgewater, N.J. Financial terms of the cash transaction were not disclosed. The acquisition is expected to be accretive to earnings in 2011. With approximately 40 employees, DSPCon creates, sells and services real-time data acquisition and analysis systems used widely in the mechanical design validation of jet engines and satellites. DSPCon also creates and produces embedded systems for turbo-machinery performance monitoring and mechanical…
Contract Updates
Intertrade Limited (Cedar Rapids, Iowa) – $9,272,637
Intertrade Limited, Cedar Rapids, Iowa, has been awarded a maximum $9,272,637 firm-fixed-price contract for F-16 generator controls. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a four-year…
Cottonwood Inc. (Lawrence, Kansas) – $44,370,000
Cottonwood Inc.,** Lawrence, Kansas, has been awarded a maximum $44,370,000 firm-fixed-price, indefinite-quantity contract for aircraft cargo tie down straps. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(5), as stated in Federal Acquisition Regulation 8.7. This is…
Teva Pharmaceuticals USA Inc. (Parsippany, New Jersey) – $46,087,497
Teva Pharmaceuticals USA Inc., Parsippany, New Jersey, has been awarded a maximum $46,087,497 modification (P00009) exercising the third one-year option period of a five-year base contract (SPE2DP-20-D-0002) with five one-year option periods for adenovirus type 4 and type 7 vaccines.…
Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $64,111,631
Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $64,111,631 delivery order (SPRTA1-26-F-0034) and modification (P00015) to a four-year subsumable base contract (SPRTA1-19-D-0001) with one five-year option period for additional pricing for the manufacture and production of…