BAE Systems ’ land and armaments business will manufacture an additional 30 amphibious combat vehicles for the U.S. Marine Corps after the service branch exercised full-rate production contract options worth $153.7 million.
The options are part of a modification that will also cover the costs of fielding and support services and will put the cumulative face value of the contract at $2.07 billion, the Department of Defense said Wednesday.
A BAE-Iveco Defence Systems partnership was named the winner of a competition in June 2018 to build up to 204 new USMC vehicles for approximately $1.2 billion.
The industry team delivered the first batch of ACVs in November 2020.
USMC expects work under the modified contract to be completed in December 2024.
Anduril Key Facts Founded: 2017 CEO and founder: Palmer Luckey Ownership: Privately held, investors include Founders Fund Current valuation: $90…
DSA executive Mike Donovan has been named COO-elect as the firm promotes Mike Emerle to CFO and splits its intelligence…
Andy McEnroe previously spent nearly 20 years advising defense technology and government services companies in investment banking.
The all-cash deal adds infrared thermal imaging and laser optics for land, air, sea and uncrewed defense platforms to TTM's…
TechnoMile VP Tim Brett, a GovCon Expert, examines how agentic AI is transforming federal capture into continuous, autonomous systems.
Enlighten IT Consulting will support edge data analytics, storage and transport within the Integrated Defensive Cyber System.
Maximus has agreed to acquire Agile Defense for $660 million to expand its presence in the defense and national security…
NexTech Solutions bought Halcyon Days Consulting, a Maryland firm whose tactical mission networks serve U.S. and allied forces.
The MQ-25A Stingray entered low-rate initial production after Milestone C approval in May and its first flight test in April.
Factory has named Connor Maloney, formerly vice president of federal at Rubrik, head of federal to drive its public sector…
The Air Force has awarded three small businesses spots on a $5.4 billion IDIQ for adversary air and close air…
USCIS has detailed a $50M–$100M follow-on contact center contract requiring AI, cloud-based services and automated customer support.
You’ve already read all related articles.
VIDEO