Bechtel Subsidiary Lands Potential $140M Contract Modification for Navy Nuclear Propulsion Component Delivery

Jeff Brody

Bechtel subsidiary has secured a potential $140M contract modification to supply nuclear propulsion parts to the U.S. Navy.

The cost-plus-fixed-fee award has a base value of $121.7M and will reach its full value if all options are exercised, the Department of Defense said Monday.

Naval Sea Systems Command will initially obligate the full base amount of the contract from the Navy's fiscal 2020 other procurement and shipbuilding and conversion funds.

Ninety-three percent of work will take place in Monroeville, Pa., and the remaining 7 percent will occur in Schenectady, N.Y.

Bechtel Plant Machinery Inc. provides components and related services to support the installation of propulsion systems into aircraft carriers and submarines.

Check Also

Sepideh Rowland

K2-FIN Adds Sepideh Behram Rowland to VP Ranks

Sepideh Behram Rowland, a two-decade financial services industry veteran, has assumed a vice president position within the financial crimes risk and compliance practice of K2 Intelligence Financial Integrity Network.

Air Force Issues RFI on Proposed NOVASTAR Intell Analysis Contract Vehicle

The U.S. Air Force has asked information on potential vendors that can provide support services under a proposed contract vehicle that seeks to consolidate 25 intelligence analysis contracts, Bloomberg Government reported Tuesday.