GENCO Wins US Navy Contract in Bahrain
GENCO, the leader in delivering product lifecycle logistics(SM) solutions, announced that the company's wholly owned subsidiary, GENCO Infrastructure Solutions (GIS), has secured a contract with the Defense Logistics Agency (DLA), under the Department of Defense (DoD) to support the U.S. Navy's presence in Bahrain and CENTCOM Theater.
The one-year, fixed-price contract, with four one-year options, is valued at $38.8 million. With its prior operation in Kuwait, GIS brings proven experience in the region, a team fully trained to utilize DSS and experience managing both third-country nationals (TCNs) and local nationals (LNs).
The 330,000 square foot operation will process over 100,000 transactions per year, consisting of government property from all service branches. GIS will also manage a Navy Material Processing Center for naval fleet support. Full operations are scheduled to begin in September.
John McGonigle, President, GENCO Infrastructure Solutions, said: “As our first overseas prime contract, the DLA distribution operation in Bahrain builds on our previous success and provides an opportunity to support the Navy's 5th Fleet, a long standing, forward deployed, strategic capability and other Army and Air Force units in the region.”
GIS has proven experience providing supply chain management, military base operations support, military subcontractor and task order contract support to the U.S. government agencies. GIS's customers have included the U.S. Army, U.S. Air Force, U.S. Marine Corps, the General Services Administration, and the U.S. Transportation Command.
GENCO is the recognized leader in product lifecycle and reverse logistics solutions designed to maximize value and reduce costs. GENCO operates 140 value-added warehouse locations comprising 35 million square feet and manages $1.5 billion in freight annually throughout North America. GENCO's diverse range of customers includes many Fortune 500 companies in the technology, consumer and industrial, retail and healthcare markets and the federal government.
GENCO's complete range of product lifecycle services include inbound logistics; warehousing & distribution; fulfillment; contract packaging; transportation management; systems integration; returns processing & disposition; test, repair, refurbishment; product liquidation; and recycling.