The IMT Group‘s defense segment has won a potential five-year, $99M contract to produce smoke projectile bodies for the U.S. Army.
The Army Corps of Engineers received two bids for the fixed-price with economic price adjustment contract and will determine funds and work location with each order, the Department of Defense said Wednesday.
DoD expects the company to complete work by March 31, 2025.
IMT offers projectile bodies in the 25mm-155mm calibre range and components for ground armored vehicles in the North American defense market.