10-20 Services to clean and decontaminate approximately $80M worth of Marine gear.
VANCOUVER, BC / ACCESSWIRE / August 22, 2014 / 10-20 Services Inc. ("10-20"), a wholly owned subsidiary of Mission ReadyServices Inc., (MRS-TSXv) has just received a major subcontract with Carl Amber Brian Isaiah And Associates ("CBAIA") to provide cleaning and restoration services to the United States Marine Corps for their Infantry Combat Equipment ("ICE") in a deal worth up to $8.3M USD. Cleaning and restoring the equipment, as opposed to replacing, equates to an estimated cost savings of 91%, or $75M USD.
The 10-20 & CBAIA team will provide warehousing and operations support services to clean, decontaminate and warehouse up to 7,800 pallets of uniforms and Protective Personnel Equipment from Marine Corps Logistics Base Barstow in California. 10-20 and prime contractor CBAIA were selected by the Marine Corps to complete the contract.
10-20 identified the urgent requirement within the military and first responder markets for large-scale cleaning and restoration services of Personal Protective Equipment and has since proven its ability to deliver such services efficiently and effectively through its ongoing work for the Special Operations Command ("SOCOM") at its Joint Base Lewis-McChord facility in Lakewood, Washington and Fort Bragg in Fayetteville, North Carolina.
The flagship patented technology behind 10-20 Services' success is the Advanced Cleaning System™, which blends hydraulic pressure with specific detergents in a fully computerised cleaning system that restores equipment without compromising its integrity and protective properties.
In related news, the US Military recently announced that it will be transitioning all uniforms and individual soldier equipment from the current Universal Camouflage Pattern to the newly approved Operational Camouflage Pattern, also known as "Scorpion". The transition is slated to start in the Fall of 2015. Rather than replacing all uniforms immediately, which would prove expensive, the army announced plans to phase out the existing stock of uniforms in a fiscally responsible manner. For heavier tactical equipment such as body armor and backpacks, the Army Program Manager has invited industry partners "who can provide an over-dyeing technology/process solution to modify the existing camouflage pattern (of gear) comprised of nylon, cotton, FR rayon, and para-aramid of various fabric constructions."
This program would likely require thorough cleaning and repair before over-dyeing, and the military would need to source a company capable of handling their huge capacity requirements.
Parent company to 10-20, Mission Ready Services Inc. has a market cap of $8M and trades on the TSX Venture Exchange under the symbol MRS.
Original article published on www.venturecapnews.com
SOURCE: VCN Publishing