Electronic Control Security (EKCS)

[flemsnopes]

This may be a do or die year for EKCS based on the ugliness in the 10Q filed yesterday. This one hopeful item popped up at the very end of the report, but I don't recommend reading anything else in the filing.

Subsequent Event – Contract Award

On May 4, 2012, ECSI was advised that a contract was awarded to a team, of which ECSI is a member, for support and technology services to the Department of Defense (“DoD”). The cumulative contract ceiling of the award to include five prime contractors and their respective subcontractors is $228,700,000 over five years. The contract ceiling for the ECSI team in the base year is $39,800,740. The contract is an Indefinite Delivery Indefinite Quantity (“IDIQ”) contract, and the work to be performed under it will be awarded to the five teams on individual task orders on a competitive basis. There is no assurance that ECSI will be awarded work under any task orders on the contract.

The contract is in response to initiatives promulgated by the DoD and other Government agencies, require engineering development, design, procurement, fabrication of entry control and perimeter detection technologies, installation, information assurance, logistics, maintenance, and life cycle support services for Infrastructure Protection purposes. These systems will support the operational requirements of high value DoD and other Government agencies where security is of high or vital interest.