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Article: Stanley Wins $64 Million Army Contract.
- Article from:
- Investrend
- Article date:
- October 2, 2009
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Oct 02, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/10/02/stanley-wins-64-million-army-contract/)
October 2, 2009 (FinancialWire) -- Stanley, Inc. (NYSE: SXE) said it was awarded a five-year, single-award, indefinite-delivery/indefinite-quantity contract with a $64 million ceiling by the U.S. Army to support in the development of advanced-capability insensitive munition warheads.
The award is meant to sustain the Army technology objective for smaller, lighter, cheaper munitions components, which seeks to integrate multi-purpose, insensitive munition-compliant warheads that will defeat armor, fortified ...