L3Harris Technologies was recently awarded a $39.3 million adjustment to a previously awarded U.S. Navy contract to exercise options for the procurement of production hardware in support of new construction and in-service class submarines. Work on this cost-plus-incentive-fee and firm-fixed-price modification will be performed in Northampton, Massachusetts (72 percent) and Syracuse (28 percent). It is […]
L3Harris Technologies was recently awarded a $39.3 million adjustment to a previously awarded U.S. Navy contract to exercise options for the procurement of production hardware in support of new construction and in-service class submarines.
Work on this cost-plus-incentive-fee and firm-fixed-price modification will be performed in Northampton, Massachusetts (72 percent) and Syracuse (28 percent). It is expected to be completed by July 2027, according to an Aug. 21 contract announcement from the U.S. Department of Defense.
Fiscal 2022 other procurement, Navy funds of more than $861,000 (2 percent); fiscal 2023 other procurement, Navy funds totaling almost $22.8 million (58 percent); and fiscal 2023 shipbuilding and conversion, Navy funds of nearly $15.7 million (40 percent), will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command in Washington, D.C. is the contracting authority.
L3Harris is a global aerospace and defense technology company with more than $17 billion in annual revenue and over 50,000 employees.
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