The Department of Defense said Friday the cost-plus-fixed-fee contract covers software development, payload integration and sustainment support for the MCM USV.
The initial contract is valued at $30 million and runs through December 2025. If all option periods are exercised, the cumulative value reaches $100 million, while the period of performance is extended until December 2027.
The company will perform 60 percent of the work at its Hunt Valley, Maryland facility. The remaining work will be done in Panama City, Florida and Arlington, Virginia.
The Naval Sea Systems Command in Washington, D.C. will allocate $4.7 million from the Navy’s fiscal 2025 research, development, test and evaluation funds at the time of award. The initial fund will remain available at the end of the fiscal year.
Stockholders of semiconductor foundry SkyWater Technology have approved the company’s merger with quantum computing company IonQ. Quantum computing and post-quantum…
Kris Levin-Snow, area vice president within AT&T‘s national security group, will now oversee the company’s defense industrial base portfolio in addition…
Rocket Lab has signed a definitive agreement to acquire California-based Motiv Space Systems, adding space robotics and precision spacecraft mechanism…
