Tempus Applied Solutions (TAS) (OTC: TMPS) has been selected as part of a team of contractors that will provide airborne and land-based training support to various US Navy combat units, the company said.
The company said the potential value of the contract is approximately USD45 million over five years.
The team of prime contractors that includes TAS will compete for individual task orders related to the prime contract. TAS anticipates that, under the contract, it will provide several hundred-flight hours annually using its own aircraft equipped with surveillance equipment and able to provide close air support training.
TAS operates a number of specialized aircraft that participate in US Department of Defense (DoD) training, operational support and research, development, test and evaluation (RDT&E) missions. This is the sixth contract that has been awarded to TAS so far in 2016 to provide similar missions.
TAS operates Gulfstream, Bombardier, Pilatus and Cessna aircraft with Learjets expected to be added to the fleet in the 4th quarter. Most of these aircraft have been specially modified by TAS for DoD-related missions such as threat simulation, surveillance, communications relay and various test and development programs.