breaking news

Northwestern superintendent can return to work Feb. 1

Fairborn firm expands through $112M NASA contract


Fairborn-based Peerless Technologies Corp. will expand its customer base with a $112 million contract to support NASA research scientists and engineers in northern Ohio, company officials said Wednesday.

The engineering and information technology firm at 2300 National Road in Fairborn was selected to provide information technology services at NASA’s Glenn Research Center in Cleveland and Plum Brook Station in Sandusky.

NASA is a new customer for Peerless Technologies, which traditionally has supported the U.S. Air Force and Department of Energy, said Kurt Harendza, the company’s senior vice president.

“It’s a big win for us,” he said. “It is the largest single award contract that we’ve won in our 14-year existence.”

Harendza declined to disclose the privately held firm’s annual revenues.

The company will provide IT services that include maintaining Glenn’s information systems, as well as computer software engineering, network security, applications development and web-based services.

Peerless Technologies has about 265 employees, including 220 in southwest Ohio.

Harendza said the company will add about 65 workers to its staff, many of whom already are in place at NASA Glenn. The contract covers a total of about 135 workers, the rest of whom will be employed by subcontractor partner companies, he said.

Management of the contract will be performed by a team at NASA Glenn, Harendza said.

The contract, awarded under the Small Business Set Aside Program, is valued at $112 million over five years, NASA officials said. The contract has a 20-month base performance period, and two options that, if exercised, would extend the contract to a total of five years.

Peerless Technologies President Michael Bridges said the contract could lead to additional work for the company.

“We will try to look for other opportunities where we could support other NASA organizations with similar services that they might find beneficial at our cost-effective rates,” he said.

Founded in 2000, Peerless Technologies moved to its Fairborn headquarters in 2005, after graduating from The Entrepreneurs Center in downtown Dayton.


Reader Comments ...


Next Up in Business

WATCH: Amazon’s first ‘store of the future’ opens today
WATCH: Amazon’s first ‘store of the future’ opens today

Amazon’s first store, which has no checkout lanes, opened today in Seattle. The new concept Amazon Go will give consumers “the world’s most advanced shopping technology so you never have to wait in line,” according to the online retail giant. Some industry experts are calling the concept the future of brick-and-mortar retail...
Walmart introduces meal kits with no subscription
Walmart introduces meal kits with no subscription

Walmart is now selling meal kits that require no subscription for customers. Walmart has joined the growing number of grocery retailers offering meal kits in December. Walmart is now touting that its meal kits are hassle-free, and it doesn’t require a subscription like competitor services like Blue Apron. Walmart meal kits come in several brands...
Lending Tree: Dayton home market isn’t so competitive
Lending Tree: Dayton home market isn’t so competitive

The Dayton housing market is one of the least competitive in the country, at least among buyers who make mortgage loan requests through the Lending Tree online marketplace, the company said. In a national ranking, Dayton ranks relatively low for factors Lending Tree deems indicative of a competitive housing market. Prospective buyers in this area have...
Kroger reportedly looking to partner with Overstock.com
Kroger reportedly looking to partner with Overstock.com

Kroger is considering teaming up with Overstock.com Inc. in an effort to compete with online retailers. The New York Post reported the Cincinnati-based grocer may be eyeing a deal with Overstock.com, according to sources. Overstock CEO Patrick Byrne said last year that he plans to sell or reorganize the e-commerce business to focus on blockchain technology...
Airfare remains high in Dayton: See how it compares
Airfare remains high in Dayton: See how it compares

Southwest Airlines’ departure from Dayton last year has had a prolonged effect on airfare prices and declining passenger traffic — making Dayton International Airport one of the most expensive to fly out of in Ohio, airport officials say. Dayton’s average airfare stayed even around $400 for most of 2017, fluctuating a few dollars...
More Stories