MTCT awarded $1.2m task order to support Air Force Transformation.MTC mtc - A Modula-2 to C translator. ftp://rusmv1.rus.uni-stuttgart.de/soft/Unixtools/compilerbau/mtc.tar.Z. Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MTCT MTCT Mother to Child Transmission MTCT Manipulator/Teleoperator Control Technology MTCT Memphis Through Cairo Terms (barge freight on cargo originating on this stretch of the Mississippi River) MTCT Modified Truncated Cone Target ) has announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Modern Technologies Corporation (MTC), with teammates BearingPoint and Jones Technologies, Inc., won the competition for the $1.2 million, one-year task to provide services to the Headquarters Air Force Materiel Command's (AFMC) newly formed Transformation Office. The Command is located on Wright-Patterson Air Force Base Wright-Patterson Air Force Base, U.S. military installation, 8,023 acres (3,247 hectares), W Ohio, NE of Dayton; est. 1917. One of the largest airport installations in the world, it is the air force's main research and development base, and the headquarters of the , one of the largest and most important bases in the United States Air Force United States Air Force (USAF) Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S. . The task order was awarded by the Aeronautical Systems Center's Advisory and Assistance Services Program Office under Modern Technologies' Blanket Purchase Agreement and General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. Schedule. "Transformation" of the military is the major pursuit of the Department of Defense under the Bush administration, as directed by Secretary of Defense Donald Rumsfeld. The Air Force has defined transformation as a process by which the military achieves asymmetric advantage through changes in operational concepts, organizational structure, and technological capabilities that significantly improve our warfighting capabilities or ability to meet the demands of a changing security environment. MTC's role in helping AFMC develop an integrated approach to meet DoD's transformation expectations will be to assist in formulating a strategy to achieve the Commander's intent of inculcating an Air and Space Expeditionary Forces (AEF) mindset and culture that will rapidly deliver war-winning capability. The concept of AEF, based on the ancient Roman Legion, is to build fighting forces of small, mobile units capable of changing their tactics and organization to suit the fight at hand--with the added lethality of air and space assets. Other objectives include providing tools to enable the Command to be innovative, adaptive and responsive; changing processes to ensure clients can easily conduct business with the Command; and providing products and services that are effective and efficient. Commenting on the award, Michael Solley, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MTCT said, "This is yet another example of the Air Force expressing confidence in the ability of our MTC professionals to assist the Service by providing value-added initiatives to develop concepts and strategy for the transformation process." MTCT, through its wholly-owned subsidiaries, provides engineering, technical and management services to the Federal Government and employs approximately 1100 people in 20 locations. MTCT's principal subsidiary, MTC, was founded in 1984 and, together with MTCT, is headquartered in Dayton, OH. MTCT is a Nasdaq listed company. |
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