Cigna earnings beat by $0.04, revenue topped estimates
Investing.com -- Jacobs Technology Inc., based in Tullahoma, Tennessee, has been awarded a hybrid, indefinite-quantity/indefinite-delivery contract by the U.S. Department of Defense. The contract, which has a ceiling value of $4 billion, is for the Space Force range.
Under the terms of the contract, Jacobs Technology will provide operations, maintenance, sustainment, systems engineering, and integration services. These services will support the objectives of the Space Force for the Eastern and Western ranges. The ranges serve national security, space exploration, and commercial users.
Work under the contract will be carried out at Patrick Space Force Base in Florida and Vandenberg Space Force Base in California, including areas of responsibility. The contract is expected to be completed by March 31, 2035.
The contract was awarded following a competitive acquisition process, during which four offers were received. The U.S. Department of Defense has obligated fiscal 2025 operation and maintenance appropriations funds in the amount of $3,625,190 at the time of the award.
The 45th Contracting Squadron, based at Patrick Space Force Base in Florida, is the contracting activity for this award, under the contract number FA2521-25-D-0006.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.