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Contract Type
contract
Description
General Dynamics Mission Systems has secured a potential $807.6 million contract from the U.S. Navy to provide support for the MK 54 Lightweight Torpedo Program. The contract covers the production of MK 54 MOD 1 lightweight torpedo kits, related items, engineering, and hardware support, with a possibility to extend to December 2033. The contract will be performed in multiple locations across the United States.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months