Textron awarded $312.39M Navy contract modification

Textron was awarded a $312.39M cost reimbursable, not-to-exceed modification to a previously awarded contract for the procurement of material and recurring and non-recurring activities for up to nine future ship to shore connector landing craft air cushion craft. Work is expected to be completed by October 2025. FY24 shipbuilding and conversion funds in the amount of $163.54M; FY22 shipbuilding and conversion funds in the amount of $43.99M and fiscal FY23 shipbuilding and conversion funds in the amount of $30.55M, 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.