Pinnacle Solutions and CAE USA announced in early August that their contract joint venture, known as Xebec, has been selected as one of the small business prime contractors on the United States Navy (USN) Training Systems IV multiple award contract.
Xebec was established when the companies entered into a Mentor-Protégé Agreement under the Small Business Administration’s All Small Business Mentor-Protégé Programme. Xebec will pursue Department of Defense simulation and training programmes and facilitate opportunities to allow Pinnacle to grow its presence in new or adjunct markets, while providing growth benefits to small business. The name of the joint venture reveals an interesting thought process on the part of the partners, MONCh suspects. A xebec (also zebec or chebec) is a sailing vessel, primarily used for trading and in use throughout the Mediterranean and Levant in the sixteenth through nineteenth centuries. It was known primarily for being small, fast and efficient – characteristics that translate to a lean, mean, training machine, perhaps?
The USN Training Systems IV indefinite delivery/indefinite quantity (ID/IQ) contract vehicle enables the Navy to procure a range of training systems and services under this contract through 2027. Xebec was one of 10 small businesses selected as a prime contractor, along with 13 large businesses. CAE USA was also selected as a large business prime contractor under the same contract.
“Establishing Xebec, a contract Joint Venture with a strong partner like CAE USA, provides Pinnacle with an unparalleled opportunity to further develop our already strong simulation and training system development capabilities,” commented Pinnacle Solutions President & CEO, Mike Durant. “The Navy Training Systems Contract (TSC) IV contract award to Xebec expands Pinnacle’s portfolio and further strengthens our partnership with CAE, one of the most respected names in the industry.”
“We are delighted to partner with Pinnacle in the formation of Xebec as part of the Small Business Administration’s Mentor-Protégé programme, and pleased the Navy has selected Xebec as one of the small businesses eligible to pursue opportunities under the Training Systems Contract,” added CAE USA President and General Manager, Ray Duquette. “The US Naval Air Systems Command is an important customer for CAE USA, and we will now have the opportunity to pursue Navy training and simulation programmes in full and open competitions as well as small-business set-asides.”
@CAP: Ray Duquette, President & General Manager, CAE USA. (Photo: CAE)
@CAP: Mike Durant, President & CEO, Pinnacle Solutions. (Photo: Pinnacle Solutions)