MCLEAN, Va., June 16 /PRNewswire-FirstCall/ -- Global Defense Technology & Systems, Inc. (Nasdaq: GTEC), a provider of mission-critical, technology-based systems, solutions and services for national security agencies and programs of the U.S. government, announced today that the U.S. Marine Corps has chosen to use GTEC's independently developed, mobile water packaging system to meet their expeditionary water needs. The U.S. Marine Corps Systems Command awarded the company a firm-fixed-price, five-year, single award indefinite-delivery/indefinite-quantity (ID/IQ) contract with a $45 million ceiling. Initial funding of a $1.2 million order is expected imminently.
John Hillen, President & CEO of GTEC commented on the recent award, "With a U.S. military that is more expeditionary than ever before, we are pleased to expand our range of water solutions to aid the U.S. Marine Corps and other armed forces in meeting their critical force sustainment needs in challenging environments."
GTEC's mobile water packaging system is easily transportable and designed to support deployed Warfighters engaged in military and disaster relief missions. Entirely designed and developed by GTEC, the system has been ruggedized and automated to integrate with military trailers, enabling effective operations in the most challenging terrains and environments.
Work on the contract will be performed at the GTEC integration facility in Frederick, Md.
About Global Defense Technology & Systems, Inc.
Global Defense Technology & Systems, Inc. (GTEC) provides mission-critical, technology-based, systems, solutions and services for national security agencies and programs of the U.S. government. Our services and solutions are integral parts of mission-critical programs run by the Department of Defense, Intelligence Community, Department of Homeland Security, federal law enforcement agencies, and other parts of the federal government charged with national security responsibilities. Learn more about Global Defense Technology & Systems at www.gtec-inc.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this announcement other than historical data and information constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements or industry results to differ materially from the results, performance or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in Global Defense Technology & System Inc.'s (GTEC) Annual Report on Form 10-K, and such other filings that GTEC makes with the Securities and Exchange Commission from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements speak only as of the date hereof and GTEC undertakes no obligation to update such forward-looking statements in the future except as required by law.
SOURCE Global Defense Technology & Systems, Inc.