The U.S. Department of Defense has awarded a more than $10 million contract to Indianapolis-based Laibe Corp. The contract calls for the company to provide three water well drilling systems, including support, storage and transportation, for the U.S. Army.
Laibe Corp. manufactures the Versa-Drill brand of water well, geothermal, exploration, shallow oil/gas drilling rigs and equipment, according to its website. Work for the contract will be performed in Indianapolis and is expected to be complete by November 2020.
The Army Contracting Command in Michigan is the contracting activity.