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Investing.com -- BAE Systems (LON:BAES) Land & Armaments L.P. has been awarded a $48,035,288 firm-fixed-price modification to a previously awarded contract for MK 41 Vertical Launching System canister and ancillary equipment production.
The contract combines purchases for the United States (78%), Australia (21%), and Japan (1%) under the Foreign Military Sales program.
Work will be performed primarily in Aberdeen, South Dakota (90%) with the remaining portion in Minneapolis, Minnesota (10%). The project is expected to be completed by February 2028.
Funding for the contract comes from multiple sources, including fiscal 2025 weapons procurement Navy funds totaling $27,451,753 (57%), Foreign Military Sales funds for Australia amounting to $10,048,768 (21%), fiscal 2024 weapons procurement Navy funds of $9,917,436 (20%), fiscal 2024 Defense-wide procurement funds of $411,554 (1%), and Foreign Military Sales funds for Japan totaling $205,777 (1%).
The Naval Sea Systems Command in Washington, D.C. is serving as the contracting activity for this modification to contract N00024-24-C-5324.
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