General Dynamics was one 23 companies awarded a possible right to get work under a large ID/IQ contract for planning and support. See a press release here. The contract if all options are exercised could be worth up to $5 B. Like all of these contracts, though, there is no guarantee that [...]
Tagged with: General Dynamics, iq, Lockheed Martin, military health system, news story, press release, system contract
FLIR Systems won a contract modification for the Army worth up to $380 M to build force protection systems. See an article here. This adds to an existing ID/IQ contract for the delivery of such systems. FLIR has built equipment for the US Army and other services to go on aircraft, vehicles [...]
Tagged with: contract modification, flir systems, iq, stock, Surveillance, U.S. Army
The GAO had done a study of how DoD is using ID/IQ and time and material contracts. Now DoD is implementing some of the recommendations from the study. See the article here. GAO felt that the DoD agencies were utilizing these contracts as they were easier to award and then adjust based [...]
Tagged with: dod agencies, gao, iq, service contracts
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