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BAESF - BAE Systems secures $183.84M Navy contract modification
BAE Systems plc
BAE Systems (BAESF) has been awarded an ~$183.84M fixed-price incentive (firm target) modification to previously awarded contract for Amphibious Combat Vehicles. The total cumulative face value of the contract is ~$3.3B.Modification provides for the exercise of options for the procurement of 36 full rate production ACVs and associated production and fielding and support costs.Work is expected to be completed in April 2023.