Enterprise Ventures Corporation (EVC), based in Johnstown, Pa., announced Tuesday it had been awarded an $18 million contract from Naval Supply Systems Command (AVSUP).
The contract will allow EVC to manufacture spare parts for a system to help the U.S. Navy manage mine threats in shallow waters. Developed originally by EVC’s parent company, Concurrent Technologies Corporation (CTC) 23 years ago, the Carriage, Stream, Tow, and Recovery System (CSTRS) allows for safe deployment and recovery of multiple weapons systems for naval mine countermeasure operations via complex electro-mechanical system operated from H-60 helicopters.
“This contract is significant on several levels,” EVC President Ed Peretin said. “It’s gratifying that an asset started from a blank sheet of paper at CTC is now being sustained years later by EVC. We are grateful for everyone at CTC and EVC who have contributed to this effort, which is a true example of our teamwork, and ultimately benefits our warfighters.”
The contract will cover spare part fabrication and depot-level repairs. Additionally, EVC will manufacture nine hydraulic winches, one of the primary subassemblies of CSTRS.
The CSTRS is currently being used by multiple Navy squadrons and is an important part of global waterway safety. The systems require routine maintenance. All CSTRS sustainment work is now being performed at EVC in Johnstown.