By Calvin Biesecker DynCorp International, Inc., [DCP] yesterday said it has agreed to be acquired by the private equity firm Cerberus Capital Management, L.P., for $1.5 billion, including debt. Terms of the deal permit DynCorp to pursue another buyer over the next four weeks and at anytime respond to unsolicited proposals. If DynCorp's terminates the merger, it must pay Cerberus a $30 million fee and up to $12 million of the firm's transaction expenses under specified circumstances, according to filing…
Contract Updates
R&M Government Services (Las Cruces, New Mexico) – $23,894,784
R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…
L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947
L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…
Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…
Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794
Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…