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National Geospatial-Intelligence Agency Awards NJVC $391.5 Million Contract

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On Tuesday, the Department of Defense announced that for "administrative reasons," the National Geospatial-Intelligence Agency (NGA) has reissued an infrastructure and IT-related contract with privately held IT services contractor NJVC, of Vienna, Va., with the current contract worth $391.5 million. NGA also exercised "option year 2011" on the contract.

The original contract, dating to January 2012, hired NJVC to design, install, and maintain "infrastructure" needed to support new facilities within the National Geospatial-Intelligence Agency West, and to furthermore provide "information technology enterprise operations and sustainment support" to NGA IT services at approximately 170 locations.

The contract has been restated to include two parts: a cost plus award fee valued at $379.9 million and a firm fixed price valued at $11.6 million. Performance on the contract for "option year 2011" is said be conducted through the entirety of the current calendar year.

NJVC is a subsidiary of Chenega, itself a privately held firm based in Anchorage, Alaska.


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Rich Smith
TMFDitty

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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