MDA awards SETA contracts
September 26, 2008 by Dagpotter · Comment
Filed under: Contract Awards, IT, MDA, SETA, Teledyne Technologies, development program, missile defense
Filed under: Contract Awards, IT, MDA, SETA, Teledyne Technologies, development program, missile defense
The last round of BRAC moved a significant number of MDA assets to Redstone Arsenal in Huntsville, AL. Now two SETA contracts were awarded recently to support the agency. DMD was given an ID/IQ contract that could be worth over $40 M if all options are executed. Teledyne Solutions was also awarded one that is worth over $150 M. Both contracts have multiple options, and with all ID/IQ contracts there is no guarantee any work will be given out.
See The Huntsville Times for more.
Some Analysis of SAIC’s Common Stock
As a recent GAO report highlighted the Department of Defense invests a great deal in Science, Engineering, Technical and Analysis (SETA) contracts. These contracts, and contractors, are most known as working with the military acquisition offices to provide necessary support. There are also SETA contracts with IT, testing, engineering, safety and pretty much any area that the DoD and Services are involved in. It is a large business employing thousands.
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