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Article: NCI Agrees to Acquire Certain Assets of MTC Technologies, Inc.
- Article from:
- Business Wire
- Article date:
- March 11, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RESTON, Va. -- NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology services and solutions to U.S. federal government agencies, announced today that it has signed an agreement to purchase certain assets of MTC Technologies, Inc. used to conduct MTC's business under the Program Executive Office Soldier, Project Manager Soldier Warrior, and Project Manager Soldier Equipment (PEO Soldier, PM SWAR and PMSEQ) contract. It is anticipated that the transaction will be completed in March 2008.
The PEO Soldier, PM SWAR and PMSEQ contract is a $238.5 million single award, IDIQ contract with a ceiling value of $382 million. The base period of performance on ...