BAESY - BAE Systems unit bags $256.89M US Navy modification contract
2023-03-09 02:14:26 ET
- BAE Systems Land & Armaments ( OTCPK:BAESY ) is awarded an ~$256.89M firm-fixed-price modification to previously awarded contract M67854-16-C-0006 for Amphibious Combat Vehicles or ACV.
- The total cumulative face value of the contract is ~$2.33B.
- This contract modification provides for the exercise of options for the procurement of 27 full rate production ACV personnel variants, 17 FRP ACV command variants, and associated production, and fielding and support costs.
- Work has an expected completion date of July 2025.
- Marine Corps Systems Command is the contracting activity.
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BAE Systems unit bags $256.89M US Navy modification contract