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Article: National Technical Systems Wins Five-Year Contract to Test Weapons, Munitions Technology for U.S. Department of Defense.
- Article from:
- Telecommunications Weekly
- Article date:
- October 21, 2009
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National Technical Systems, Inc. (NASDAQ:NTSC) (NTS), a leading provider of engineering and testing services to the defense, aerospace, telecommunications, automotive and high technology markets, announced that it has been awarded a five-year, Other Transaction Agreement (OTA) contract with maximum potential revenues of $10 million from the U.S. Department of Defense to test and help develop new weapons and ammunition technology. NTS expects to provide approximately $1.67 million of services by early in calendar year 2010 for the first phase of the contract and, pending further Department of Defense approvals, up to $8.33 million of additional services throughout the ...