Textron Wins $213M Ship-to-Shore Connector Contract

Textron Inc. (NYSE: TXT) has won a $212, 722, 820 contract to provide the U.S. Navy with ship to shore connector test and training manuals, the Defense Department announced Friday.

Textron will furnish a detail design and construct SSC test and training craft and technical manuals for a SSC Program.

The program intends to replace the existing fleet of air cushion vehicles as the crafts reach the end of their service life.

SSC is an air-cushioned vehicle designed for a 30-year service life with over-the-horizon, sea-to-land operational maneuver capability to transport surface assault elements, and operates from amphibious ships and mobile landing platforms.

The Defense Department said the fixed-priced incentive-fee contract has a ceiling value of $570, 451, 044.

Work will be performed in New Orleans, LA; Camden, N.J.; Indianapolis, IN; St Louis, Mo; Eatontown, N.J.; and Great Britain, with an estimated completion date in February 2017.

Contract funds amounting to $60, 731, 000 will expire at the end of the current fiscal year.

The competitively procured contract was solicited via FedBizOpps website, with three proposals received.

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