BAE Systems and four other companies will compete for waterborne surface shaft repair projects under a U.S. Navy contract worth $162 million over five years.
The service branch officially awarded six positions on the multiple-award contract vehicle to include BAE’s ship repair businesses in Virginia and California, according to a Department of Defense notice released Wednesday.
DOD added the branch will obligate $3,000 in working capital funds on the six awards to cover the minimum contract amount.
The other awardees are Erie Forge and Steel, Steel America, Collins Machine Works, Bender
- BAE Systems‘ shipbuilding and repair units BAE Norfolk and BAE San Diego
Each firm will receive $500 for minimum working capital. The Naval Supply Systems Command Weapon Systems Support will allocate additional funding along individual task orders under the firm-fixed-price contract.