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Business/Financial

Jacobs Technology Wins $4.6 Billion MDA Contract For Support And IT Work

Thursday, August 10th, 2017

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Jacobs Technology Wins $4.6 Billion MDA Contract For Support And IT Work

Note: This article was updated on Aug. 11 with industry comments.The Missile Defense Agency (MDA) awarded Jacobs Technology Inc. a potential $4.6 billion support contract, the Defense Department announced Wednesday.DoD noted that the task orders under the indefinite-delivery, indefinite-quantity contract will predominantly be cost-plus-incentive-fee and fixed-price incentive. MDA also issued a $4.3 million fixed-price incentive task order concurrent with the contract award.This contract is a change for MDA because Northrop Grumman [NOC] was the incumbent. A Jacobs spokesperson told Defense Daily…

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