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Investing.com -- Booz Allen (NYSE:BAH) Hamilton has been awarded a $96,076,412 contract for civilian mariner wireless network installation and sustainment services.
The contract, issued by Military Sealift Command in Norfolk, Virginia, is structured as a firm, fixed price and time and material letter contract. This was a sole-source acquisition following Defense Federal Acquisition Regulation Supplement guidelines for other transaction prototype projects.
The McLean, Virginia-based company will perform the work worldwide with completion expected by June 15, 2027. The Navy has already obligated $30,351,258 in working capital funds for fiscal 2025, which will expire at the end of the fiscal year.
The agreement is currently an undefinitized contract action and will be finalized according to Federal Acquisition Regulation 16.603-2(a).
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