Latest news with #AmphibiousCombatVehicles
Business Insider
05-08-2025
- Business
- Business Insider
BAE Systems awarded $181.11M Navy contract modification
BAE Systems (BAESY) was awarded a $181.11M firm-fixed-price modification to a previously awarded contract for Amphibious Combat Vehicles. The total value of the contract, if all options are exercised, is $3.85B. This contract modification provides for the exercise of options for the procurement of 31 full rate production ACV medium caliber cannon mission role variants and associated production, fielding and support costs, and spares. Work has an expected completion date of September 2027. Marine Corps Systems Command is the contracting activity. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Business Insider
03-05-2025
- Business
- Business Insider
BAE Systems awarded $172.29M Navy contract modification
BAE Systems (BAESY) was awarded a $172.29M firm-fixed-price modification to a previously awarded contract for Amphibious Combat Vehicles. The total value of the contract, if all options are exercised, is $3.84B. This contract modification provides for the exercise of options for the procurement of 30 full rate production ACV medium caliber cannon mission role variants and associated production, fielding and support costs, and spares. Work has an expected completion date of June 2027. FY25 procurement funds in the amount of $172.29M will be obligated at the time of award and will not expire at the end of the current fiscal year. Marine Corps Systems Command is the contracting activity. Protect Your Portfolio Against Market Uncertainty
