Prepare for blast off because some out-of-this-world news has come to Huntsville. Two small Huntsville businesses pooled their resources together into a joint venture that secured them a NASA engineering contract worth $76 million. Read on to find out more about the businesses plus how this could turn into a potential five-year, $196.8 million contract.
Two local Alabama businesses
A joint venture between Huntsville company Axient, which rebranded from QuantiTech this year, and Radial Solutions Inc. (RSi) has booked a potential five-year, $196.8 million Marshall Engineering Technicians and Trades Support contract with NASA.
NASA’s Marshall Space Flight Center is the largest NASA center in the country and is the U.S. government’s lead civilian rocketry and spacecraft propulsion research center.
Radial Solutions is a small business owned by a local service-disabled veteran. This business specializes in complex systems integration and technology insertion on military aircraft.
Axient started small but recently evolved into a much bigger company, expanding its resources and offerings. Since the 1990s the business has worked to become a key player in the defense, aerospace and cyberspace markets. They specialize in systems engineering and integration, mission assurance, product engineering, multi-domain test-analysis and so much more.
What the contract is for
According to Axient, the funds will go towards management oversight to support technical staff at the Marshall Space Flight Center in Huntsville, NASA’s Michoud Assembly Facility in New Orleans, Louisiana and other NASA programs.
“We look forward to executing this contract with RSi and continuing to deliver high-end technical expertise and unwavering commitment to our Marshall customer.”Patrick Murphy, Axient, CEO and President
This is a performance-based contract that begins on March 1, 2022, and lasts one year. However, there is the potential for it to be extended four more years with a maximum overall value of $196.8 million in funding.
What this means for Huntsville
With a cool $76 million NASA engineering contract secured for Axient and Radical Solutions, the already growing job market in Huntsville will continue to boom in the coming years.
It’s no secret the city of Huntsville holds a huge draw for engineers from all over due to NASA’s Marshall Space Flight Center. With these funds and the current need for mass engineer support, we can expect many more people to make the move to Rocket City.
What are your thoughts on this multi-million dollar contract being invested in Huntsville companies? Let us know by tagging us @thebamabuzz.