FRANKLIN, Tenn., July 16, 2013
Smith & Wesson Security Solutions Awarded $230 Million U.S. Army Corps of Engineers Contract
FutureNet Security Solutions – FutureNet Security Solutions, LLC d/b/a Smith & Wesson Security Solutions, a leading turn-key provider of perimeter security solutions, today announced that the company has received a $230 million Access Control Point (ACP) Design-Build contract from the U.S. Army and Engineering Support Center, Huntsville (CEHNC) to provide design and construction services at Department of Defense installations worldwide.
Smith & Wesson Security Solutions will perform construction, design, repair, renovation, conversion, procurement, installation, and maintenance services under task orders required to secure the entry points at Government facilities around the world. The company has successfully performed similar work at over 125 U.S. military installations and for 20 separate U.S. Government agencies, leveraging its award-winning proprietary product line and the technical expertise of its employees to deliver outstanding value and quality solutions.
"We view this contract as the culmination of a two year strategic plan to establish Smith & Wesson Security Solutions as a prime contractor to the U.S. Army Corps of Engineers, whose mission we regularly support," said Wesley Foss, President of Smith & Wesson Security Solutions. "Coupled with our recent award earlier this year in January of a $315 million worldwide maintenance and service contract, this contract award integrates very well within our ongoing global expansion."
The contract is an Indefinite Delivery/ Indefinite Quantity (IDIQ) Multiple Award Task Order Contract (MATOC) with a total contract capacity of $230 million over a period of five years. Consistent with most contracts issued by CEHNC, this supports a very specialized mission that requires unique technical expertise and the demonstrated ability to perform work around the world in locations as diverse asGermany and South Korea.
About FutureNet Security Solutions, LLC d/b/a Smith & Wesson Security Solutions
Based in Franklin, Tenn., FutureNet Security Solutions is a full-service perimeter security integrator, barrier manufacturer, specialty contractor, and maintenance provider. Formerly known as Smith & Wesson Security Solutions, the company provides a complete range of products and services to a diverse client base which spans the defense, transportation and petrochemical industries, as well as corporate facilities, airports, Fortune 500 companies, national laboratories, and 20 separate federal agencies. FutureNet Security Solutions is the sole manufacturer and provider of the GRAB net barrier system, ODDS over-speed detection system, SW1900 wedge barrier, SW1200 anti-ram post and cable barrier, and a range of other proprietary perimeter security products. To learn more about the company's services and products, call (615) 224-0400 or visit http://www.futurenetsecurity.com.
SOURCE FutureNet Security Solutions, LLC
CONTACT: Kenneth J. Grant, Executive Vice President, FutureNet Security Solutions, LLC, (615) 224-0381, kgrant@smith-wesson.com