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Derco Aerospace Inc. has been awarded a contract valued at up to $209,155,768 to supply the U.S. military with 130 weapon system supplies over a five-year period ending in 2030. The contract will serve the Air Force, Navy, and other federal agencies, as stated in a Department of War bulletin.

Established in 1979, Derco has expanded its operations to support military and commercial fleets in 65 countries. The company was involved in a $70 million settlement last year related to allegations of overcharging the Navy for spare parts and materials.