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US Navy awards $14.7 million contract modification to IrvinGQ for MK-59 decoy production.

Sep 21, 2026about 2 hours ago

Contract Type

contract

WalesManufacturingNational Security

Description

The US Navy has awarded a contract modification valued at $14.7 million to IrvinGQ for the continued production of the MK-59 Floating Decoy System. Most of the work will be carried out in the UK, with completion expected by March 2028.

Company Information

Company

IrvinGQ

Location

Wales, United Kingdom

About

IrvinGQ is a British defense company specializing in the production of decoy systems and other defense solutions. They are known for their innovative products such as the MK-59 Floating Decoy System. The company is headquartered in Llangeinor, Bridgend, UK and plays a significant role in enhancing military capabilities.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.