This Other Transaction Agreement contract was awarded in FY2024 on Dec 12, 2023 to ROBOTIC RESEARCH LLC by PdM Robotic and Autonomous Systems. There have been $4.6M in obligations to date with a ceiling value of $26.2M, showing a 17% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 2 year duration with ultimate completion date of Dec 11, 2025.
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