Friday, May 21, 2010

Taylorsville firm wins multimillion-dollar, 5 year contract for their disposal.

El Dorado Engineering doesn't make the high-caliber ammo and rocket warheads that snuff out lives or create environmental hazards on old bombing ranges. Instead, they make the equipment that turns the deadly armaments into baskets of harmless raw metal that can be recycled to make parts for automobiles or swing sets.

It's this specialty that has allowed the company to land a government contract that could be worth up to $43.1 million to the Taylorsville-based firm during the next five years. The Naval Sea Systems Command (NAVSEA) has hired El Dorado, along with a company in McLean, Va., to evaluate where their firms' expertise can best be used around the world to "demilitarize" out-of-date ordinance or clean up bombing ranges.

The contract share for Virginia's Science Applications International Corp. could hit $44.5 million. At any given time, the pair could be working for the U.S. Navy, the Department of Defense or non-DOD customers.

The company expects to add engineers to their 17-employee work force to handle the new contract, but until he knows precisely what NAVSEA has in mind, they won't know how many. The Salt Lake Tribune