KeyW awarded $5M in research, development, and design work
The KeyW Holding Corporation of Hanover, MD announced on September 4 several short-term research, development and design-related contracts totaling approximately $5 million, the vast majority of which will be completed in 2018, and are expected to serve as precursors to follow-on programs that will deliver in 2019 and beyond.
“These recent awards highlight KeyW’s ability to develop affordable and timely sensing solutions that address enduring mission requirements,” said Kirk Herdman, executive vice president, Corporate Strategy and Business Development. The awards will be booked to backlog in the third quarter of 2018.
“This project is indicative of a key area of KeyW’s strategic focus—building and deploying sensor packages into any domain: orbit, air, land or sea. A significant aspect of KeyW’s future is about developing payloads for next-generation platforms. As our customers seek flexibility in delivering these solutions, KeyW stands at the forefront in developing innovative capabilities for the national security mission,” said Bill Weber, president and chief executive officer. “This sensor solution award is one of several that KeyW is competing for, and we expect additional comparable awards in the third quarter of 2018 and through the balance of the year.”