Progeny Systems has won a potential seven-year, $186.5M contract to update a common broadband advanced sonar system for the U.S. Navy.
The company will provide detail design, engineering development models andÂ proof-of-design, manufacturing and low-rate initial production units for the Mk 48 mod 7 CBASS heavyweight torpedo program, the Department of Defense said Friday.
The Navy received three offers forÂ the contract, which includes a $115.7M base value andÂ covers the provision of factory test equipment andÂ engineering andÂ hardware repair services.
Work is initially scheduled to conclude inÂ February 2024 and would extendÂ through August 2026 if the military service exercises all options.
Naval Sea Systems Command will initially obligateÂ $5.8M in fiscal 2019Â research, development, test and evaluation funds at the time of award.