Crown Consulting Inc. Secures NASA Ames Contract for R&D
Crown Consulting Inc. Wins NASA Ames Research Contract
NASA has awarded a significant contract to Crown Consulting Inc. through the NASA Academic Mission Services 2 (NAMS-2) program. This award signifies a vital partnership aimed at enhancing the research and development capabilities at NASA’s Ames Research Center, located in California’s Silicon Valley.
Overview of the NAMS-2 Contract
The NAMS-2 contract is structured as a hybrid cost-plus-fixed-fee indefinite-delivery indefinite-quantity contract. The potential maximum value of this agreement is approximately $121 million. The contract will initiate on a Tuesday in early October, following a short phase-in period that extends over 60 days. After the initial phase, the project will enter a two-year base period with options available to extend performance until late 2029.
Scope of Work
Under the NAMS-2 contract, Crown Consulting Inc. is tasked with supporting an extensive range of scientific research and the development of advanced technologies. This includes air traffic management innovations, cutting-edge nanoelectronics, and the creation of prototype software. The collaboration will directly benefit the Aeronautics Directorate and the Exploration Technology Directorate at NASA Ames.
Enhancing Aircraft Safety and Technology
A significant focus of this contract is centered on improving aircraft and airspace safety. Another objective is to facilitate the integration of advanced aeronautics technologies into future air vehicles, ensuring that the agency remains at the forefront of aerospace innovation.
About NASA and Its Initiatives
NASA continually strives to push the boundaries of aeronautics and space exploration. The agency operates multiple programs aimed at pioneering new technologies while enhancing safety and efficiency in air travel. This recent contract with Crown Consulting Inc. is a pivotal step in these ongoing efforts.
Frequently Asked Questions
What is the purpose of the NAMS-2 contract?
The NAMS-2 contract is designed to support the NASA Ames Research Center with aeronautics and exploration technology research and development.
Who is the contractor awarded the NASA Ames contract?
Crown Consulting Inc. has been selected to execute the NAMS-2 contract.
How much is the NAMS-2 contract worth?
The value of the NAMS-2 contract can reach up to $121 million over its term.
When does the NAMS-2 contract start?
The NAMS-2 contract will commence in early October, following a 60-day phase-in period.
What are the main areas of focus for the contract?
The contract places emphasis on improving air traffic management, safety in the aerospace sector, and the development of new technologies in aeronautics.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- VERSES AI Inc.: Empowering Shareholders with Strategic Changes
- Revolutionizing Quartz Laser Welding Technology for Industries
- Investigation Announced for Oddity Tech Investors Amid Class Action
- Growing Demand for Fusion CBD Products Among Athletes and Investors
- Mexico's Market Dynamics: Stock Movements and Sector Performances
- Icahn Enterprises Secures Legal Win in Investor Lawsuit Dismissal
- LemVega Capital: Transforming Financial Management for Growth
- General Dynamics NASSCO Expands Navy Oilers Project with New Contract
- Jim Lanzone Joined Snap Inc. Board to Drive Innovation
- Verve Therapeutics Investors Urged to Act Before Deadline
Recent Articles
- JELD-WEN Successfully Completes Redemption of Senior Notes
- Goldman Sachs Maintains Forecast for Federal Reserve Rate Cut
- Sam Bankman-Fried Appeals Conviction, Claims Incomplete Evidence
- Navigating Market Opportunities with Builders FirstSource
- Jamie Dimon's Bold Stance on Bitcoin: A Financial Perspective
- ImagineX Achieves #18 Spot in 2024 Best Small Firms Recognition
- Bigbank AS Reports Strong Financial Performance in August
- Terra Balcanica Secures Significant Funding Through Placement
- KKR's Strategic Acquisition of BrightSpring Health Shares
- Monolithic Power Systems Declares Robust Q3 2024 Dividend
- Acri Capital Acquisition Corporation Extends Business Deal Deadline
- WinVest Acquisition Corp. Extends Business Combination Deadline
- NewLake Capital Partners Declares Q3 2024 Dividend of $0.43
- Kemper Corporation's Strong Credit Ratings Affirmed by AM Best
- BlackRock Anticipates Completion of GIP Acquisition Soon
- First Trust Informs Shareholders of Upcoming Fund Reorganization
- Revolutionizing Aerospace: Affordable Turbojet Innovations
- Leadership Transition at Soarion Credit Union: New Beginnings
- Samaritan's Purse Aid Efforts After Hurricane Francine Unleashed Destruction
- Investors Unite: Opportunity to Lead Class Action Against Super Micro Computer, Inc.
- Investors Alert: Join the Class Action Against Orthofix Medical
- AGNC Investment Corp. Announces $0.12 Dividend for Shareholders
- AGNC Investment Corp. Announces Preferred Stock Dividends
- CGI Expands Defense Capabilities through Aeyon Acquisition
- Celebrating 50 Years of Learning Tree’s Impact and Innovation
- Marvell Technology Announces Dividend Payment for Shareholders
- City Office REIT Declares Third Quarter Dividend Announcement
- Vice President Harris Set to Appear on ABC News Philadelphia
- Medical Properties Trust: Analyzing Recent Market Movements
- Understanding How Interest Rate Cuts Affect Stock Markets
- Trump Firm Shares See Gains Amidst Strong Commitment to Truth Social
- Transforming $1000 in GE Aero: A Worthwhile Investment Journey
- Deadline Approaches for CAE Inc. Class Action Investors
- Discover How $1,000 in American Express Grew to $2,200
- T. Rowe Price Sees 1.6% Growth in AUM for August 2024
- Investors Alert: Class Action Filed for Sage Therapeutics (SAGE)
- Analysts Upgrade Medical Properties Trust Amid Earnings Concerns
- Fulcrum Therapeutics Faces Setback After Failed Clinical Trial
- Jackson Lewis Welcomes Leo Norton to Strengthen Litigation Team
- Richmond American Homes Unveils Stunning New Model Homes
- Syra Health Completes $2.1 Million Public Offering Successfully
- Watercrest Buena Vista Achieves Remarkable 92% Occupancy Rate
- Centel Wealth Advisory Partners with Sanctuary Wealth for Growth
- Nvidia's Influence on the Stock Market: An In-Depth Look
- Market Shifts: Summit Therapeutics and Biontech Lead Gains
- Understanding the Potential Impact of an Air Canada Pilot Strike
- David B. Thordarson, MD Takes Leadership at AOFAS
- Understanding Recent Trends in Wayfair's Options Trading Activity
- Current Trends and Insights in Altria Group Options Trading
- S&P Global Options Trends Show Bearish Investor Sentiment