Defense Dept. to Spend Up to $4 Billion for R&D on Combating Weapons of Mass Destruction

Townhall.com Staff
|
Posted: Dec 16, 2013 9:23 AM
A Request For Information by the defense department's Defense Threat Reduction Agency (DTRA) in July 2011 culminated this month in contract awards to seven different companies worth up to $4 billion over the next ten years. The contract awards, posted in a notice entitled Combating Weapons of Mass Destruction Research and Technology Development, went to some well known defense contractors including Raytheon and Northrop Grumman. Despite the $4 billion ceiling, the contracts come with a guaranteed minimum of only $100,000 for each of the seven companies as the work will be parceled out on an Indefinite Delivery/Indefinite Quantity (IDIQ) basis, which is typical in these types of projects.