The U.S. Navy has awardedÂ CGIÂ (NYSE: GIB) and DRS Technologies business segments positions on an eight-year, $2.5 billion contractÂ to provide production units of the Consolidated Afloat Networks and Enterprise Services system.
The Defense Department said Thursday thatÂ CGI Federal and DRS Laurel Technologies can compete for task orders under theÂ indefinite-delivery/indefinite-quantity contract alongside five other companies.
The Navy hasÂ already named BAE Systems, General Dynamics‘ (NYSE: GD) C4 systems business, Globe Technical Systems, Northrop GrummanÂ (NYSE: NOC) and Serco‘s U.S. armÂ as contractors on the programÂ in August.
According to DoD, CANES works to convergeÂ shipboard tacticalÂ networks forÂ communications and information exchange across IT platforms, users and applications.
The contractors will perform work through August 2022 at sitesÂ in South Carolina and Pennsylvania.