D13 0.00% 4.1¢ delaware thirteen ltd

Ann: D13 TEAMED WITH PARSONS ON MULTI-MILLION DOLLAR CONTRACT-D13.AX, page-6

  1. 792 Posts.
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    Because it's indefinite delivery/indefinite quantity it doesn't have a fixed value

    https://en.wikipedia.org/wiki/IDIQ

    Essentially we have a 5 year hookup where the Naval Research Laboratory Information Technology Division can easily buy services from us and parsons. The minimum and maximum $ are in the range of "millions" from the ann.
    It's good because revenue and less approval process from this particular gov entity, as well as validation of the tech listed in Ann. (our other comms patents)

    https://www.fedmarket.com/contractors/Making-Sense-of-IDIQ-Purchasing-Vehicles

    The split would not be known as the exact requirements of whatever Navy projects may not yet be known
 
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