FAIRFAX, Va.--(BUSINESS WIRE)--ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been selected by Lockheed Martin to continue its support of a Federal Aviation Administration (FAA) support contract. ICF International will team with Lockheed Martin on the FAA’s National Airspace System Integration Support Contract (NISC) III, which has an estimated value of more than $500 million and a term of four base years and two 3-year option periods. The contract’s total value to ICF is expected to be more than $50 million.
The NISC III contract is broad in scope and will provide critical professional, technical, and planning assistance to a wide range of FAA organizations that support both the existing National Airspace System (NAS), as well as those organizations tasked with the planning, development, and integration of NextGen, the comprehensive overhaul of the NAS to make air travel more convenient and dependable.
“We are very pleased to continue working with our partner Lockheed Martin under NISC III, supporting the FAA in its mission of providing the safest, most efficient aerospace system in the world,” said Lou Pack, senior vice president for ICF International. “We have been part of the NISC Team since the early 1990s under NISC I, and look forward to continued participation.”
ICF helps U.S. government officials shape transportation policy and helps transportation agencies plan, develop, and operate systems in ways that are safe, secure, environmentally sound, and supportive of the economies and communities they serve.
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment and transportation; health, education, and social programs; and homeland security and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,700 employees serve these clients worldwide. ICF's Web site is www.icfi.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.