Concurrent Technologies Corp. said it will lead a team of 38 global companies to handle a potentially $854 million contract to provide support to the Marine Corps Logistics Support Services.
The military contract, first announced earlier this month at Showcase For Commerce, has a $170 million ceiling in its first year but could extend through spring 2018 if options are exercised, CTC officials said.
“Under this new contract,” CTC President Ed Sheehan Jr. said, “CTC will provide innovative and responsive logistics support to meet the evolving needs of the warfighter.”
Sheehan said the team of companies partnering for the work includes 18 small businesses around the globe. Combined, they will perform any task order the contract requires, including program management and operations aid, information technology services and technical data to at least six Marine Corps Logistic command centers.
CTC corporate communications director Mary Bevan said the company expects the contract will mean work for some of its Richland Township workforce, but the impact will be determined as task orders are issued.
“We are excited about this new contract and look forward to providing additional support to the Marine Corps in the future,” Sheehan said.