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  • Saturday, November 23, 2024

Progeny Secures $98M Navy Systems Engineering Contract


Jeff Brody

Progeny Systems has won a potential eight-year, $98M contract to help the U.S. Navy engineer systems. The contract has a $25.7 million base value and would reach its potential value if the military service exercises all options, the Department of Defense said Tuesday.

Naval Sea Systems Command received one offer via a competitive procurement on FedBizOpps. The service branch will initially obligate $800,000 in fiscal 2019 research, development test and evaluation funds.

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