ETC Awarded an ID/IQ Contract from the U.S. Navy
SOUTHAMPTON, Pa., Dec. 15, 2011 /PRNewswire/ -- Environmental Tectonics Corporation (ETC) is one of approximately ten small business firms awarded an indefinite-delivery/indefinite quantity (IDIQ) contract: N61340-12-D-5203, under LOT II for the Naval Air Warfare Center Training Systems Division's (NAWCTSD) Training Systems Contract III (TSC III) Multiple Award Contract (MAC). The TSC III MAC, inclusive of all awarded contracts and ordering periods, has a not-to-exceed value of $2,000,000,000. All future delivery orders under the TSC III MAC will be placed pursuant to the procedures at FAR 16.5.
The Training Systems Contract (TSC) is a group of multiple award Indefinite Delivery, Indefinite Quantity Contracts (ID/IQCs) intended to furnish the Naval Air Systems Command Team a streamlined, quick reaction vehicle for the acquisition and support of training systems. The TSC program has been serving this requirement as a Multiple Award Contract (MAC) since FY00 and is entering its third generation. The TSC III scope will encompass Training Systems design, development, production, test and evaluation, delivery, modification, and support. Included within this scope is complementary Instructional Systems Development (ISD) products and complementary Training Systems Support, which includes Interim Contractor Support (ICS) or Contractor Engineering & Technical Services (CETS) and provisioning for the Initial Support Period (ISP). The TSC III MAC will serve as a viable acquisition alternative to fulfill within scope United States Navy and Marine Corps training systems requirements and those derived from end-users and customers consistent with NAWCTSD's mission. The base ordering period is five years, with two one-year optional ordering periods.
NAWCTSD will publicize TSC III requirements through its business opportunities website at http://nawctsd.navair.navy.mil/EBusiness/BusOps/Index.cfm.
As a world leader in the provisioning of aeromedical and flight training systems and courseware development, ETC is uniquely positioned to be a TSC-III Lot II MAC holder. ETC has equipment fielded in 86 nations worldwide and applies the latest technology to meet evolving pilot, aircrew and maintenance technician training needs. ETC's interactive tactical flight simulators, instrument/navigation trainers, and aerospace physiological training systems provide pilots with realistic training for tactical flying, high G forces, spatial disorientation, situational awareness, ejection procedures and decision making, oxygen equipment use, altitude physiology, night vision, night vision goggle use, and land/water survival.
Mr. William F. Mitchell, President and CEO of ETC said, "We are delighted to have been selected to be a holder for this contract and look forward to seeing our many technologies put to work on behalf of the U.S. Navy."
Questions regarding ETC's involvement in the TSC III program can be directed to:
Robin Valinski, [email protected],
Sales and Marketing Coordinator,
ATS at ETC, 125 James Way,
Southampton, PA 18966, USA. Phone: 215 355 9100 extn.1501
About ETC:
ETC (OTCQB: ETCC) designs, manufactures and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans and equipment and to control, modify, simulate and measure environmental conditions. These products include aircrew training systems (aeromedical, tactical combat and general), disaster management systems, sterilizers (steam and gas), environmental testing products and hyperbaric chambers and other products and services that involve similar manufacturing techniques and engineering technologies. ETC's unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.
Forward-looking Statements:
This press release contains forward-looking statements, which are based on management's current expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. The Company's actual results could differ materially from those anticipated in forward-looking statements as a result of a variety of factors, including those discussed in "Risk Factors" included in the Company's most-recent Annual Report on Form 10-K filed with the United States Securities and Exchange Commission. We caution you not to place undue reliance on these forward-looking statements.
CONTACT: Bob Laurent, CFO Tel: 215-355-9100 (Ext. 1550) Email: [email protected]
SOURCE Environmental Tectonics Corporation
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