3 Firms Win Contracts to Help Modernize Navy Landing Craft Air Cushion Fleet

An L3 Technologies (NYSE: LLL) subsidiary and two small businesses have won contracts to support post-service life extension and post-shakedown availability efforts for the U.S. Navy‘s fleet of landing craft air cushion boats.

The Defense Department said Friday the service branch will award up to $37.9 million in contract funds to L3 Unidyne, $34.1 million to Epsilon Systems Solutions, and $35.3 million to Walashek Industrial and Marine under the Landing Craft, Air Cushion/Fleet Modernization program.

Contractors will also provide ship maintenance, repair and modernization services to the Navy’s Mid-Atlantic Regional Maintenance Center in Norfolk, Virginia.

DoD noted it expects the project to finish by December 2018 and the Navy will provide $266,667 as a minimum guarantee per contract.

The branch received five offers for the indefinite-delivery/indefinite-quantity contracts via an “unrestricted” procurement process on the FedBizOpps website.

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