Contract Has Maximum Value of $29 Million to URS
SAN FRANCISCO, Jan 26, 2010 (BUSINESS WIRE) -- URS Corporation (NYSE:URS) today announced that it has been awarded a re-compete contract by the Defense Logistics Agency (DLA) to provide materiel distribution services at the Defense Distribution Depot in Jacksonville, Florida (DDJF). The contract, which has a one-year base period and four one-year option periods, has a maximum value of $29 million to URS assuming all four option periods are awarded.
The DDJF provides worldwide materiel distribution services for the U.S. Navy, Marine Corps, Army and Air Force. Under the terms of the contract, URS will provide various logistical services at the Jacksonville facility, including the management and processing of new procurements; returns; redistribution orders; disposal release orders; and re-consignments.
Commenting on the award, Randall A. Wotring, President of Federal Services for URS, stated, "I am very pleased that URS will continue supporting the Defense Logistics Agency and its many customers. At URS, we understand how critical it is to keep American troops supplied with properly working, mission essential tools and equipment. It is a privilege that we have been chosen once again to support DLA in this important mission."
URS Corporation (NYSE: URS) is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. Headquartered in San Francisco, the Company has approximately 45,000 employees in a network of offices in more than 30 countries ( http://www.urscorp.com ).
SOURCE: URS Corporation
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