Airborne Systems has been awarded a $99 million contract to purchase the RA-1 Advanced Ram air parachute system and spare parts.
The contract is scheduled with an estimated completion date of April 12, 2016, the US Department of Defense said in a statement Tuesday.
Bids were solicited via the Internet with one received. Funding and work location will be determined with each order. Army Contracting Command, Natick, Massachusetts, is the contracting activity.