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State Department OKs TECRO’s $120M Purchase Request for Ship Spare Parts

State Department OKs TECRO's $120M Purchase Request for Ship Spare Parts - top government contractors - best government contracting event
Foreign Military Sales, deal

The State Department has cleared the request of the Taipei Economic and Cultural Representative Office in the U.S. to procure spare and repair parts for ships and their systems as well as related equipment and support services.

The potential $120 million transaction under the Foreign Military Sales program will involve the U.S. Navy and/or its approved suppliers, the Defense Security Cooperation Agency said Wednesday.

The equipment and services will be used to sustain the surface vessel fleet of the recipient in an effort to strengthen the ability of its armed forces to address current and future threats. The deal is also aimed at maintaining defensive capability and increasing interoperability with the U.S. and other allies.

There is no prime contractor for the possible sale with the de facto Taiwanese embassy.

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Written by Christine Thropp

oversees day-to-day content production for ExecutiveBiz, a publication under Executive Mosaic's media group covering government contracting industry news. She also writes about executive movements and commentaries, M&A activities, contract awards and technology and service offerings of medium-sized businesses and other GovCon companies. Prior to assuming her current responsibilities with EBiz, Thropp produced daily competitive intelligence briefings for the company's GovCon customers.

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