SAIC awarded $112.3M Navy contract modification

SAIC (SAIC) was awarded a $112.3M firm-fixed-price, cost-plus-fixed-fee, and cost-only modification to previously awarded contract to exercise options for the production, spares, production support material, engineering support, and hardware repair of components for MK 48 Heavyweight Torpedo All Up Round. This modification is in support of the MK 48 MOD 7 Heavyweight Torpedo program. This contract combines purchases to support the Navy and the Royal Australian Navy, under the Foreign Military Sales program. Work is expected to be completed by April 2029. The Naval Sea Systems Command is the contracting activity. Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

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