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Investing.com -- BAE Systems (LON:BAES) - Jacksonville Ship Repair LLC, based in Jacksonville, Florida, has been awarded a firm-fixed-price contract valued at $108,569,670. The contract is for the maintenance, modernization, and repair of the USS The Sullivans (DDG 68) during its fiscal 2025 Docking Selected Restricted Availability.
The acquisition scope includes all necessary labor, supervision, equipment, production, testing, facilities, and quality assurance to prepare for and carry out the Chief of Naval Operations Availability. This involves critical modernization, maintenance, and repair programs for the vessel.
The contract also includes options that, if exercised, could increase the total value of the contract to $110,360,140. The work will be carried out in Mayport, Florida, and is projected to be completed by March 2027.
The contract will be funded by fiscal 2025 other procurement (Navy) funds amounting to $108,025,929 (99% of the total) and fiscal 2025 operations and maintenance (Navy) funds amounting to $543,740 (less than 1% of the total). The latter amount will be obligated at the time of the award and will expire at the end of the current fiscal year.
The contract was obtained through a competitive process, with full and open competition via the System for Award Management website. Two offers were received for this contract. The contracting activity is managed by the Naval Sea Systems Command, based in Washington, D.C. The contract is identified as N0002425C4421.
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