VSE Corp. and a team of contractors can now start working on a potential $1.5 billion foreign military sales contract with the U.S. Naval Sea Systems Command, Washington Technology reported.
The contract, originally awarded in October 2011, has one base year worth $277 million and four one-year options.
Team members include:
- American Systems
- BAE Systems
- Computer Sciences Corp. (NYSE: CSC)
- DRS Technologies
- General Dynamics (NYSE: GD)
- Lockheed Martin Corp. (NYSE: LMT)
- Raytheon (NYSE: RTN)
- SAIC Inc. (NYSE: SAI)
VSE and the naval ship transfer and repair team will help the Navy transfer U.S. ships to foreign buyers.
The N*STAR team will also provide field engineering, design, maintenance, training and configuration management, according to Washington Technology.
The Government Accountability Office recently ruled against a protest of the award, allowing the N*STAR team to begin work.
Last week, the Defense Department formally announced an $11 billion foreign military sale of Boeing F-15s and associated equipment to Saudi Arabia.
The U.S. had agreed in December to sell the jets in December as part of a $29.4 billion agreement.