Precision Turbines, Inc, Florida – April 27, 2020: Precision Turbines, Inc was selected as an awardee on the Kits, Recovery, Augmentation, Components and Engines (KRACEn) Multiple Award Contract (MAC) supporting the United States Navy.
Commander, Fleet Readiness Center (COMFRC) awarded a 10-year, $6.1 billion, enterprise contract vehicle to 42 small business industry partners on April 14, enabling U.S. Navy, government customers and international partners to procure aircraft maintenance services and sustainment support quicker.
The Kits, Recovery, Augmentation, Components and Engines—commonly called KRACEn—is an indefinite-delivery, indefinite-quantity (IDIQ) MAC that will provide maintenance services and support for single satellite sites, small aircraft quantities, personnel to augment government maintenance teams, and overhaul capabilities for aircraft components and subsystems. This is COMFRC’s first, multi-billion contract award.
The MAC’s scope of work, which is set aside for small-businesses, includes modification kit build and installations, recovery of downed aircraft, repair and overhaul of aircraft and components, repair and overhaul of engines, and augmentation labor supplement for maintenance both ashore and afloat.
“As one of 42 small business industry partners, Precision Turbines, Inc will help enable COMFRC to effectively use the KRACEn enterprise contract vehicle allowing the Navy meet its sustainment needs expeditiously while delivering improved outcomes,” COMFRC Executive Director Roy Harris said. “KRACEn is a crucial addition to our traditional organic capabilities, providing us with the means to tap into the expertise of small business industry partners.”
The nature of the work covered by KRACEn—simple platform, organizational-level Contractor Logistic Services (CLS) requirements involving few aircraft, elemental or off-aircraft tasks—is well-suited for small businesses, according to COMFRC Acquisition Group, CLS Division Lead Chris Giggey. The CLS Division, formally known as the Fast Acquisition Solutions to Enable Readiness (FASTER) team, was charted by Commander, Naval Air Systems Command in 2018 to improve acquisition speed and quality of services by developing expertise in CLS contracting.
“We are excited to continue serving the US Navy under KRACEn,” said Robert Spahr, CEO of Precision Turbines, Inc. “We look forward to a continued strong relationship with our customer.”
PTI’s capabilities include aircraft modification management, program and aircraft logistics, personnel management and staffing (various disciplines), aircraft engineering, high asset security and recovery, program management, aircraft airframe and powerplant maintenance as well as aircraft recovery.
As a veteran owned business, we offer high quality, dependable services without high overhead costs. Serving the needs of our customers is always our top priority.