MTC Awarded $5.7 Million in Army Task Orders
Category: Defence Industry
Category: Defence Industry
DAYTON, Ohio -– MTC Technologies, Inc. and subsidiaries, a significant provider of engineering, information technology, and other technical solutions, to the Department of Defense and national security agencies, announced that it has been awarded a total of $5.7 million in potential value under four task orders for various U. S. Army programs.
MTC was awarded a $3.2 million task order for the continuation of anti-terrorism training supporting the U.S. Army Forces Command (FORSCOM) Provost Marshal Office (PMO). This task order includes a base year and four one-year options. MTC’s Anti-Terrorism Mobile Training Team provides Level II Anti-Terrorism and Force Protection training to FORSCOM units, Army Reserve Command units, and Army Special Operations Forces. The team also has trained Marine Corps personnel and Central Command personnel located at CENTCOM Forward Headquarters in Qatar. MTC’s anti-terrorism training program is widely regarded as the best of its sort available in the Army today. MTC’s team has supported the FORSCOM/PMO with anti-terrorism training since 1998.
A $1.2 million task order was awarded for continued coordination and execution of the U.S. Army Forces Central Command (ARCENT) Host Nation Support agreements for ongoing Army and joint operations throughout the CENTCOM Area of Responsibility (AOR), including Iraq and Afghanistan. The task order has a base year and four option years and involves researching and identifying specific logistical support for units conducting operations throughout the AOR. Identified requirements are then matched against supply and services support capabilities existing among nations of the region. The work is performed from the Third Army/ARCENT forward headquarters in Kuwait; MTC has performed this task for more than two years.
The Company also won two new task orders with the U.S. Army totaling approximately $1.3 million. The first is a one-year task order to provide excess property management services to the Second Infantry Division (2ID) in Korea, where, as part of the Army’s restructuring process, one brigade has been sent to Iraq and will return to the U.S. once it completes its tour. As sole provider on this task order, MTC will provide receipt, maintenance, storage, and asset visibility for 2ID excess equipment, including development of classification packets to help the Army decide where to relocate each piece of equipment.
The second is a one-year task order to provide support to the U.S. Army’s Ground Based Air Defense Capabilities Development Documents effort. MTC will provide project management and Marine Corps air defense expertise to the project, while ORSA Corporation, Computing Technologies, and BAE Systems will provide subcontracting assistance.
“We are indeed honored to have been selected to lend our support in a variety of ways to the on-going global war on terrorism,” said Chief Executive Officer David Gutridge. “I am proud of our MTC team and it’s dedication to providing outstanding service to our country’s warfighters.”
MTC, through its wholly owned subsidiaries, provides systems engineering, information technology, intelligence, and program management services to the federal government. Cited by BusinessWeek as the 11th fastest growing small company in the United States, by Forbes as 23rd of America's 200 best small businesses, by Washington Technology as 59th in revenue growth among the "Top 100" of IT Federal Prime Contractors, and ranked 2nd by Aviation Week & Space Technology as the “Top Performing Small Company”, MTC employs approximately 2,700 people in more than 40 locations. The company was founded in 1984 and is headquartered in Dayton, Ohio.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not present or historical fact, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, forward-looking statements. These risks and uncertainties include: risks related to the growth of our FAST program, including strains on resources and decreases in operating margins; federal government audits and cost adjustments; differences between authorized amounts and amounts received by us under government contracts; government customers' failure to exercise options under contracts; changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; our ability to attract and retain qualified personnel; our ability to retain contracts during re-bidding processes; pricing pressures; undertaking acquisitions that might increase our costs or liabilities or be disruptive; integration of acquisitions; and changes in general economic and business conditions. For more information concerning these risks and uncertainties, see the Securities and Exchange Commission filings for MTC. These statements reflect the Company's current beliefs and are based upon information currently available to it. Be advised that developments subsequent to this release are likely to cause these statements to become outdated with the passage of time, and we specifically disclaim any obligation to update these statements.
MTC Technologies, Inc.