The Denver Post – Business
Grand Junction defense manufacturer nabs $113 million in military contracts, adds jobs
CAPCO hired by Navy and Army to make equipment all in Grand Junction
By Tamara Chuang | email@example.com | March 23, 2018
Three major contracts won recently by defense contractor CAPCO have helped the Grand Junction company maintain its workers and hire new ones.
The most recent award was a $39.8 million, five-year contract with the U.S. Navy to produce two “impulse cartridges designed to eject flares and chaff” from airplanes. The company is also working on two projects for the U.S. Army to make tripods to stabilize heavy machine guns and build bomb fin assemblies.
The three contracts total $113 million and have helped the company maintain a 300-person workforce — with about 80 new jobs created in the past two years, the company said.
Founded in 1968, CAPCO , which has more than 20 job openings on its careers page, operates a 100,000-square-foot manufacturing facility on 13 acres in Grand Junction, according to the company’s site.