BAE Systems Land & Armaments Awarded $137.7 Million Contract for Virginia-Class Submarine Propulsors
United States, Sept. 29 -- BAE Systems Land & Armaments L.P., Minneapolis, Minnesota, is awarded a $137,658,562 firm-fixed-price, fixed-price with economic-price-adjustment, cost-plus-fixed-fee completion and term, and cost no fee definite quantity contract for Virginia-class submarine propulsors.Additionally, this acquisition provides material required to manufacture propulsor subassemblies, associated engineering services, sparing and other manufacturing and support services. Work will be performed in Louisville, Kentucky, with an ordering period up to five years and is expected to be completed by September 2032.Fiscal 2026 shipbuilding and conversion (Navy) funds in the amount of $26,000,000 will be obligated at time of award and will no...
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