The Pentagon has awarded a $40 million worth contract for production of MK54 Mod 1 lightweight torpedo kits and support services, the Department of defense announced Wednesday.
“Progeny Systems Corp.,* Manassas, Virginia, is awarded a $40,601,413 cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee contract for the production of MK54 Mod 1 lightweight torpedo kits and related test equipment, spares, and engineering and hardware support services,” the release states.
The awarded contract has the cumulative value of $303 million if the options are exercised. This contract combines purchases for the United States Navy; and the governments of Canada, the commonwealth of Australia, the United Kingdom, and Taiwan under the Foreign Military Sales (FMS) program, the statement said.
Work will take place in multiple US locations and is expected to be completed by August 2022.
Fiscal 2018 weapons procurement (Navy) funding in the amount of $21,690,207; fiscal 2017 weapons procurement (Navy) funding in the amount of $18,550,183; and FMS funding in the amount of $361,023 will be obligated at time of award and will not expire at the end of the current fiscal year, the statement added.
The United States Defense Security Cooperation Agency (DSCA) has approved a possible Foreign Military Sale to the Netherlands of 106 MK 54 conversion kits for an estimated cost of $169 million. The DSCA delivered the required certification notifying Congress of this possible sale today
Raytheon is being awarded a $35 million modification contract for the procurement of Mk 54 lightweight torpedo common parts kits. The contract also includes Mk 54 Mod 0 lightweight torpedo kits; and Mk 54 exercise fuel tanks, spares, production support material and related engineering and hardware repair services for the torpedo kits, the US department of defense said in a statement Wednesday
Northrop Grumman is being awarded an $18.6 million modification contract for the production of MK54 Mod 0 lightweight torpedo (LWT) array kits for the US Navy, UK and Thailand
Northrop Grumman has won a contract by the U.S
Raytheon Company has received a $19.3 million U
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