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  • Wednesday, April 24, 2024

BAE Secures $175M Navy Guided Missile Cruiser Modernization Contract

Jeff Brody

BAE Systems' ship repair business in Norfolk, Va., has been awarded a potential $175.1M contract to help the U.S. Navy modernize a Ticonderoga-class guided missile cruiser.

The firm-fixed-price contract covers the provision of workers and facilities needed to address USS Vicksburg modernization requirements for fiscal year 2020, the Department of Defense said Thursday.

Naval Sea Systems Command received one offer for the project via a solicitation conducted within the East and Gulf coasts.

The service branch obligated $175M at the time of award from its FY 2020 operation, maintenance and other procurement funds.

DoD expects contract work to conclude by March 2021.

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