GDMS inks $800m Deal for US Navy Torpedoes
General Dynamics Mission Systems was awarded a fixed-price-incentive, firm-fixed-price, cost-plus-fixed-fee, and cost-only contract from the U.S. Navy in December for up to $808.6 million to produce MK 54 MOD 1 Lightweight Torpedo Kits and related test equipment, spares, provisioned item orders, engineering support and hardware support for the MK 54 Lightweight Torpedo Program.
Work will be performed in Canonsburg, PA, and is expected to be completed by December 2032.
“Our Progeny Systems employees have been providing advanced torpedo electronics to the U.S. and allied Navies for 18 years. This contract ensures that our surface ships and aircraft will have the most modern and capable torpedoes in the world for many years to come," said Laura Hooks, VP and GM of Maritime and Strategic Systems at General Dynamics Mission Systems.
Progeny Systems was acquired by General Dynamics Mission Systems in 2022. Headquartered in Manassas, Virginia, Progeny Systems provides a wide spectrum of capabilities and lifecycle support services for U.S. submarines and surface ships.
Related News
