Huntsville, Ala – February 25, 2015 – Raytheon Missile Systems (RMS) has signed a U.S. Department of Defense mentor –protégé agreement with CFD Research Corporation (CFDRC), a Woman-Owned Small Business based in Huntsville, Alabama. The $1.72M agreement was approved by the U.S. Missile Defense Agency on 16 January 2015, and authorizes Raytheon Missile Systems to provide mentoring over a 36 month period of performance in the areas of product development and commercialization, and a variety of business systems and processes. Efforts under the agreement are focused at strengthening CFD Research Corporation’s capabilities, allowing the company to provide a broader number products and services to DoD and commercial markets.
“Our entire organization is very proud to be a partner with Raytheon Missile Systems on this program,” said Lieutenant General, US Army (Retired) Joseph M. Cosumano Jr., CFDRC President and CEO. “Collaboration under this agreement aligns with CFDRC’s commitment to continuous improvement, and will assist in delivering advanced technology more predictably and more affordability to all government customers.”
A signing ceremony was recently held at CFDRC headquarters in Huntsville, AL and covered by the local press here.
CFD Research Corporation currently provides products and services in the areas of Aerospace, Biomedical/Life Sciences, Energy, and Materials. The company was founded in 1987, employs 95, and has facilities in Huntsville and Scottsboro, Alabama and on-site presence at government facilities such as the Army’s Redstone Arsenal, the Army’s Space and Missile Defense Command’s Future Warfare Center and NASA’s Marshal Space Flight Center.
The Department of Defense (DoD) Mentor Protégé Program was established by Congress in 1991 with the objective of increasing the small disadvantaged business (SDB) supplier base of the DoD. The program provides incentives for major defense contractors to furnish SDB concerns with developmental assistance in order to increase SDB participation in federal procurement contracts.
The DoD Mentor Protégé Program has three major objectives:
- Provide incentives to DoD Contractors (mentors) to develop subcontracting relationships with small businesses (protégé)
- Increase the overall participation of small businesses in federal contracting
- Foster long-term business relationships between prime contractors and small business subcontractors in order to develop a stable business base for protégé and a stable small business vendor base for mentors
Contact:
CFD Research Corporation
Richard Thoms
Manager, Technology Partnerships
256.726.4810 // richard.thoms@cfdrc.com
