Gold bars to be exempt from tariffs, White House clarifies
Investing.com -- Kongsberg Defence & Aerospace AS has been awarded a $47,387,518 contract to support the Navy/Marine Corps Expeditionary Ship Interdiction System (NMESIS) Launcher.
The firm-fixed-price/cost-plus-fixed-fee/cost contract covers contract logistics support, engineering services, and prototype hardware and software development for the Weapon Control System and Fire Control System subsystems of the NMESIS Launcher.
The Norwegian defense contractor will also provide Block 2 hardware and software to support these subsystems under the agreement.
Work will be performed primarily in Kongsberg, Norway (85%), with additional operations in Johnstown, Pennsylvania (10%), various Department of Defense installations within the U.S. (3%), and various locations outside the continental U.S. (2%).
The project is scheduled for completion by September 7, 2027.
At the time of the award, the Marine Corps obligated $18,976,972 in fiscal 2025 research, development, test, and evaluation funds; $15,330,970 in fiscal 2025 procurement funds; and $38,000 in fiscal 2025 operation and maintenance funds. The operation and maintenance funds will expire at the end of the current fiscal year.
The contract was not competitively procured, being awarded under Title 10 U.S. Code 3204(a)(1) and Federal Acquisition Regulation 6.302-1(a)(2). Marine Corps Systems Command in Quantico, Virginia, is serving as the contracting activity.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.