Draper Awarded Part of Defense Microelectronics Contract Worth Up to $25 Billion [Yahoo! Finance]
Xerox Holdings Corporation (XRX)
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Source: Yahoo! Finance
for the Defense Microelectronics Activity (DMEA) Advanced Technology Support Program (ATSP). The contract will allow Draper to support a wide array of government customers with specialized engineering, secure microelectronics products, and system-level services over the life of the contract. The ATSP is a government-wide contracting vehicle intended to meet the requirements of the Department of War (DoW) for a quick reaction capability across the entire spectrum of technology development, acquisition, and long-term support. "This award reflects Draper's deep engineering expertise and proven track record in delivering secure, high-impact technologies for national security missions," said Michael Cassidy, Director, Secured & Assured Systems, Draper. "Through ATSP5, we look forward to partnering with DMEA and the broader defense ecosystem to rapidly field advanced microelectronics and system capabilities, address obsolescence and performance challenges, and ensure enduring technologi
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