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DoD Extends Contract With ACMI To Strengthen Industrial Base For Chemicals

By Cal Biesecker

Thursday, February 8th, 2024

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(PRNewsfoto/ACMI Federal)

ACMI Federal on Thursday it has received a $15 million contract extension from the Defense Department to expand a pilot program designed to strengthen the defense industrial base for chemicals. In the first phase of the Critical Chemical Pilot Program, ACMI Federal exceeded its goal of leveraging a 10-1 ratio of private to public investment for the pilot by achieving a 16-1 ratio, the company said. Under the pilot effort, ACMI Federal leverages private capital and pursues commercial market solutions…

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