Hello, Guest!
  • Friday, November 22, 2024
Image Title: Amphibious Combat Vehicle Source: BAE Systems

USMC Exercises $154M Option in BAE’s Amphibious Combat Vehicle Production Contract

BAE Systems’ land and armaments business will manufacture an additional 30 amphibious combat vehicles for the U.S. Marine Corps after the service branch exercised full-rate production contract options worth $153.7 million.

The options are part of a modification that will also cover the costs of fielding and support services and will put the cumulative face value of the contract at $2.07 billion, the Department of Defense said Wednesday.

A BAE-Iveco Defence Systems partnership was named the winner of a competition in June 2018 to build up to 204 new USMC vehicles for approximately $1.2 billion.

The industry team delivered the first batch of ACVs in November 2020.

USMC expects work under the modified contract to be completed in December 2024.

Video of the Day

Related Articles

BAE Receives $104M in USMC Contract Modifications for Amphibious Combat Vehicle Production Contract Awards

BAE Receives $104M in USMC Contract Modifications for Amphibious Combat Vehicle Production

BAE Systems has secured a pair of contract modifications worth $104 million combined to build additional amphibious combat vehicles for the U.S. Marine Corps. The company said Monday it will produce and deliver production representative test vehicles to support government testing of the ACV’s recovery variant in 2025 under a $79 million contract modification. The

BAE Books $182M Marine Corps Contract Option for Amphibious Combat Vehicle Production Contract Awards

BAE Books $182M Marine Corps Contract Option for Amphibious Combat Vehicle Production

A BAE Systems business segment has received a potential $181.9 million contract modification to manufacture and deliver additional amphibious combat vehicles to the U.S. Marine Corps. With the modification, Marine Corps Systems Command exercised options for full-rate production of 34 ACV personnel variants and related fielding, test equipment and support costs, the Department of Defense

BAE Lands $77M IDIQ for Interim USMC Amphibious Combat Vehicle Support Contract Awards

BAE Lands $77M IDIQ for Interim USMC Amphibious Combat Vehicle Support

BAE Systems has received a potential five-year, $77.5 million contract to perform interim support work on amphibious combat vehicles built for U.S. Marine Corps’ ship-to-shore deployment operations. The company’s land and armaments business will provide spare parts and test equipment to USMC repair vehicle components under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday.