Continental unit Veyance Technologies will supply the U.S. Army with M-88 track shoes under a potential $19.9 million firm-fixed-price contract from the Defense Logistics Agency.
The sole-source contract contains one base year and one six-month option that the Army has also exercised at the time of award, the Defense Department said Wednesday.
Veyance will perform work in Ohio through March 12, 2018.
DLA’s land and maritime organization is the contracting activity and will use the Army’s fiscal year 2017 working capital funds to finance contract work.
Fairlawn, Ohio-based Veyance manufactures and sells rubber-based conveyor belts, materials handling hoses, tracks for agricultural and construction equipment, military tank tracks, power transmission belts and anti-vibration systems.