L3Harris Technologies was recently awarded a $45.8 million modification to a previously awarded U.S. Navy contract to establish and exercise an option for Navy equipment, components, engineering services, and other direct costs. This fixed-price-incentive-fee, cost-plus-fixed-fee, and cost-only modification includes additional options. If exercised, those options would bring the cumulative value of this contract action to […]
L3Harris Technologies was recently awarded a $45.8 million modification to a previously awarded U.S. Navy contract to establish and exercise an option for Navy equipment, components, engineering services, and other direct costs.
This fixed-price-incentive-fee, cost-plus-fixed-fee, and cost-only modification includes additional options. If exercised, those options would bring the cumulative value of this contract action to nearly $104.5 million, according to a Sept. 6 U.S. Department of Defense contract announcement. Work will be performed in Millersville, Maryland (57 percent); Liverpool (40 percent); and Ashaway, Rhode Island (3 percent), and is expected to be completed by July 2025. If all options are exercised, work will continue through September 2026.
Fiscal 2022 other procurement (Navy) funds totaling almost $36.5 million (80 percent); fiscal 2021 shipbuilding and conversion (Navy) funds of $6.25 million (13 percent); and fiscal 2020 shipbuilding and conversion (Navy) funds totaling $3.1 million (7 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, per the Department of Defense announcement.
L3Harris is a global aerospace and defense technology company with more than $17 billion in annual revenue and 47,000 employees.
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