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Concurrent Technologies Corporation Awarded Marine Corps Logistics Support Services (MCLOGSS) Contract Worth up to $170 Million in Year One

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JOHNSTOWN, Pa., June 26, 2013 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation (CTC) has been awarded a competitively bid, indefinite-delivery/indefinite-quantity, multiple award contract from the U.S. Marine Corps Logistics Command for Marine Corps Logistics Support Services (MCLOGSS). The contract has a $170 million ceiling in year one and contains options, which, if exercised, would bring the cumulative combined value to over $854 million. Work will be performed globally and could continue until May 2018 if all options are exercised.

"Under this new contract, CTC will provide innovative and responsive logistics support to meet the evolving mission needs of the warfighter," said Edward J. Sheehan, Jr., CTC President & Chief Executive Officer. "We have partnered with the U.S. Marine Corps Logistics Command several times over the past decade, most notably on the award-winning Marine Corps Equipment Readiness Information Tool (MERIT). We are excited about this new contract and look forward to providing additional support to the Marine Corps in the future."

CTC led a team comprised of 38 partners including 20 large businesses and 18 small businesses. This team can comprehensively and competitively perform any task order issued under the contract. CTC and its partners will provide support in the areas of program management and operations, information technology, training, programs, transportation/supply, maintenance, and technical data to Marine Corps Logistics Command Centers, such as Logistics Capabilities Center (LCC), Program Support Center (PSC), Supply Management Center (SMC), Maintenance Management Center (MMC), Distribution Management Center (DMC), and Logistics Operations Center (LOC).

Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization providing innovative management and technology-based solutions to government and industry. As a nonprofit 501(c)(3) organization, CTC's primary purpose and programs are to undertake applied scientific research and development activities that serve the public interest. For more information, visit http://www.ctc.com/.

CONTACT: Media Contact: Mary Bevan 814-269-2490 or bevanm@ctc.com









Source:Concurrent Technology Corp.