United Kingdom-based Cobham recently said it has agreed to acquired Argotek, Inc. for $36.3 million in cash in a deal aimed at bolstering the company's capabilities and presence in the growing information security market in the United States. The transaction is expected to close during the second quarter of 2009 subject to approval from the Committee on Foreign Investment in the United States. Terms of the deal include $26.3 million to be paid upon closing on a debt and cash…
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…