SAIC wins potential $1.11B Navy contract
Reston contractor will provide submarine-launched anti-surface torpedo parts
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) won an up to $1.11 billion contract with the U.S. Navy, the U.S. Department of Defense announced last week.
Under the fixed-price incentive, firm-fixed-price and cost-plus-fixed-fee $123.68 million contract, SAIC will provide MK 48 Mod 7 heavyweight afterbody/tailcones and warshot fuel tank torpedo equipment and support. The afterbody/tailcone of a torpedo controls the torpedo’s propulsion, starts it and applies the necessary power for it to reach its target. If all options are exercised, the cumulative value of the contract would be $1.11 billion.
Work will be performed in Bedford, Indiana, and Middletown, Rhode Island, and is expected to be completed by July 2025. If all options are exercised, work will continue through January 2033.
The contract combines purchases for the Navy and the governments of Australia and Taiwan under the Foreign Military Sales program, which will provide $22.5 million of the funding.