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BAE Systems bags $319M defense contract

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BAE Systems Information and Electronic Systems Integration (OTCPK:BAESY) (OTCPK:BAESF) was awarded a non-competitive single award, ID/IQ, firm-fixed-price contract for Army MPE-M Cards (DAPS and MAPS) and incidental software updates.

The contract ceiling is ~$319M and the minimum guarantee is for 50 MPE-M Cards.

The period of performance is a two year base with three one year options.

Performance will be at the contractor’s facility until the M-Code Cards are delivered to the U.S. government.

The total value of delivery order 1 is $494,270, funded by fiscal 2023 other procurement, Army; and research, development, test and evaluation funds.

The period of performance for the base period is Sept. 30, 2023 – Sept. 29, 2025. If all options are exercised, the contract performance will end Sept. 29, 2028.

The Defense Information Technology Contracting Organization is the contracting activity.

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