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  • Friday, November 22, 2024

Saab Defense & Security USA to Develop Coast Guard Cutter Radar Tech Under Potential $118M Contract


A Saab Group subsidiary has won a potential $118.5 million contract from the U.S. Navy to develop multimode radar systems for integration onto the U.S. Coast Guard‘s offshore patrol cutter ships.

The contract has an initial value of $16.8 million and will reach its full cumulative value if all options are exercised, the Defense Department said Friday.

Saab Defense and Security USA will perform 64 percent of contract work in New York and the remaining 36 percent in Gothenburg, Sweden.

The Navy received three offers for the contract through a competitive solicitation process on FedBizOpps and used fiscal 2017 other procurement funds to cover the obligated amount.

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