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Great News About Precision Machining Company

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Location

  • CityNot Disclosed
  • State New York
  • CountryUnited States

Not Relocatable

Real Estate Included

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  • Sales
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  • Business Is A Franchise?
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GREAT NEWS FROM A GREAT COMPANY.
A five year relationship with NASA just got even better. As everyone knows and few can qualify for, the prerequisite to performing any manufacturing work for NASA Goddard Space Flight Center (GSFC) is the award of a contract. Our company has expanded their first contract with two (2) new contracts.

Our initial contract with GSFC was a Blanket Purchase Agreement (BPA) which began in January of 2004. This contract is still active and continues to be a very successful aspect of our business. From its inception through the 2nd Quarter of 2009, sales resulting from this contract have been over $1.7 million!

The scope of the BPA is for our company to provide manufacturing support to one specific department within GSFC, the "Code 547 Manufacturing Engineering Group". To date, our company was just one of (30) manufacturing companies. However, as this contract awaits renewal, business is now limited to companies that have been awarded another contract within GSFC. As a result our company is now one of just (4) companies to fit this description. GSFC has indicated that our company will see a significant increase in the volume of business under the BPA in the immediate future.

EVEN BETTER NEWS
The second contract with GSFC is the Indefinite Delivery/Indefinite Quantity (IDIQ). Our company received notification in June 2009 of the award of this contract.Benefits of being awarded the more exclusive IDIQ contract are considerable. The company will receive more exposure within NASA, leading to larger projects. We will now have the opportunity to provide manufacturing support to various groups within NASA's "Advanced Manufacturing Branch", rather than just one group. The value of work available is $5.5 million over a three year period, and with this contract the company is guaranteed the added advantage to bid on all projects.

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