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L3Harris Secures New Navy Submarine Production Contract
L3Harris Technologies has secured a firm-fixed-price and cost-plus-fixed-fee contract worth over $20 million for the production and engineering support of universal modular masts for new construction submarines. The contract, which could reach $147.5 million if all options are exercised, specifies work primarily in Bologna, Italy, and Northampton, Massachusetts, with completion expected by April 2031. This award was not competitively procured, and initial funding of $19.7 million will be obligated from fiscal year 2025 shipbuilding and conversion (Navy) funds.