SAIC awarded $136.43M Navy contract modification

SAIC (SAIC) was awarded a $136.43M firm-fixed-price, cost-plus-fixed-fee, and cost-only modification to a 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 contract combines purchases to support the Navy, the Royal Australian Navy, and the Foreign Military Sales program. Work is expected to be completed by May 2028. The Naval Sea Systems Command is the contracting activity.