Other Transaction Authority News


News items related to Other Transaction Authority as issued by the Send2Press Newswire service on behalf of the noted news source.


1st Edge Secures a $35.8M Contract with the US Army for AI/ML Innovations

HUNTSVILLE, Ala., Oct. 23, 2024 (SEND2PRESS NEWSWIRE) — 1st Edge, a leading Small Business provider to the Department of Defense, has been awarded a $35.8 million Other Transaction Authority (OTA) contract by the US Army Space and Missile Defense Command (SMDC). The three-year contract focuses on developing artificial intelligence and machine learning (AI/ML) prototypes to enhance space and missile defense mission effectiveness.

Cole Engineering awarded $179M OTA by U.S. Army

ORLANDO, Fla., June 23, 2021 (SEND2PRESS NEWSWIRE) — Cole Engineering Services, Inc. (CESI), a By Light Company, has been awarded a $179M Other Transaction Authority (OTA) agreement to serve as the core software enabler for the Synthetic Training Environment (STE) Training Simulation Software / Training Management Tool (TSS/TMT).