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You are here: Home / Georgia Tech News / Army renews $2.35 billion Georgia Tech research contract

January 30, 2018 By AMK

Army renews $2.35 billion Georgia Tech research contract

The Army has renewed a contract with Georgia Tech for 10 more years with a ceiling of $2.35 billion.

Under the agreement, Georgia Tech will continue working with the U.S. Army Aviation and Missile Research, Development, and Engineering Center on Department of Defense research. The work will be done by Georgia Tech Research Institute, a DoD University Affiliated Research Center.

The Indefinite Delivery, Indefinite Quantity contract is for five years, with a renewal option for an additional five years. The contract renewal has a total ceiling of $2.35 billion over the ten-year period. An IDIQ contract means provision for an indefinite quantity of supplies or services during a fixed period of time.

“This new, up to 10 year UARC-based contract will continue a long partnership between the two organizations,” Systems Simulation, Software and Integration Director Jeff Langhout said. “This will be another important instrument to enable the Army and academia to collaborate and solve the Army’s most challenging priorities including readiness and modernization.”

Keep reading this article at: https://www.bizjournals.com/atlanta/news/2018/01/29/georgia-tech-wins-910m-army-contract-extension-for.html

Filed Under: Georgia Tech News Tagged With: applied research, Army, Georgia Tech, GTRI, IDIQ, R&D, technology research

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