SAIC awarded $102.48M Navy contract modification

SAIC was awarded a $102.48M firm-fixed-price and cost-plus-fixed fee modification to previously awarded contract to exercise options for the production, spares, production support material, engineering support and hardware repair of components for MK 48 Heavyweight Torpedo All Up Round. This modification is in support of the MK 48 Mod 7 Heavyweight Torpedo program. This contract combines purchases to support the Navy, the Royal Australian Navy, and the government of Taiwan under the Foreign Military Sales, or FMS, program. Work is expected to be completed by January 2026. FY22 weapons procurement in the amount of $29.9M and FY23 weapons procurement in the amount of $26.3M will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.