NASA Extends Safety and Mission Assurance Contract

WASHINGTON, Jan. 31, 2011 /PRNewswire-USNewswire/ -- NASA has exercised a third, one-year option with Bastion Technologies Inc. of Houston to continue supporting the agency's Office of Safety and Mission Assurance in Washington and Marshall Space Flight Center in Huntsville, Ala.

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The option runs through Jan. 31, 2012. Under the contract, the company also earned two additional years of performance beginning in February 2012.

The contract is a cost-plus-award fee with award term arrangements. This $37.3 million option and the $76.4 million two-year award term bring the value of the contract to approximately $250.1 million. The base contract and two options previously exercised were valued at $136.4 million. Unexercised options and award terms could extend the contract period of performance three additional years to 2017 and increase the total value to more than $376 million.

Bastion Technologies Inc. provides services, equipment and supplies associated with industrial and system safety; reliability and maintainability support for Marshall's design, development, engineering and testing activities. The company also provides safety and mission assurance management information; quality engineering and project assurance; independent assessment and documentation services; and risk management.

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SOURCE NASA