General Atomics Awarded Navy MQ-25 Carrier Drone Risk Reduction Contract

General Atomics™ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for the U.S. Navy™s MQ-25 unmanned carrier aerial system program.

The contractor will develop trade space and refine concepts in support of requirements generation prior to the program™s engineering and manufacturing development phase, the Defense Department said Monday.

General Atomics received the contract a week after the military branch awarded a $43.4 million contract to Boeing (NYSE: BA) and a separate $43.6 million contract to Lockheed Martin (NYSE: LMT) for risk reduction measures in support of the MQ-25 carrier drone program.

General Atomics will perform work under its sole-source, cost-plus-fixed-fee contract in California and Iowa through October 2017.

The Naval Air Systems Command will obligate the full contract amount from the service branch™s fiscal 2016 research, development, test and evaluation funds at the time of award.

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