The Air Force's Ogden Logistics Center in Utah has awarded Modern Technologies Corp. a contract to develop Joint Threat Emitter Systems, a deal that could be worth $400 million if all options are exercised, the company announced today. MTC will carry out the contract under the Flexible Acquisition and Sustainment Tool initiative, according to an MTC statement. Air Force officials have said FAST will save $100 million annually by improving the speed and lowering the cost of support work at...
