Army Award | W15QKN239C001 | INCREMENTAL FUNDING FOR TASKS 1 AND 4

W15QKN239C001 - INCREMENTAL FUNDING FOR TASKS 1 AND 4

Federal Contract Award Search » Other Transaction IDV Award

This Other Transaction IDV contract was awarded in FY2023 on Nov 8, 2022 to Textron by PM Close Combat Systems. There have been $77.9M in obligations to date with a ceiling value of $162M, showing a 48% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Nov 1, 2027.

Textron is a contractor located in RI, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Navy. The company receives $2.2B annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

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Contract Number
W15QKN239C001
Obligations to Date
$77.9M
Ceiling Value
$162M
Award Date
11/08/2022
Contract Type
Other Transaction IDV

Buying Agency/Office
Army»Assistant Secretary for Acquisition, Logistics and Technology»JPEO Armaments & Ammunition»PM Close Combat Systems


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