Siemens Government Technologies Lands Major $107.45 Million U.S. Navy Contract

Tuesday, 23 July 2024, 05:42

Siemens Government Technologies, a division of Siemens (SIEGY) based in Arlington, Virginia, has been awarded a contract modification valued at up to $107.45 million by the U.S. Navy. This firm-fixed-price modification is linked to a previously awarded contract, signifying Siemens' continued partnership with the military sector. The funds will be utilized for various technological advancements and services that enhance naval capabilities. This substantial contract underscores the company's growth and commitment to supporting national defense initiatives.
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Siemens Government Technologies Lands Major $107.45 Million U.S. Navy Contract

Siemens Government Technologies Lands Major $107.45 Million U.S. Navy Contract

Siemens Government Technologies, a division of Siemens (SIEGY), has secured a significant contract modification with the U.S. Navy.

Contract Details

The not-to-exceed $107.45 million firm-fixed-price modification is an addition to a previously awarded contract.

Significance

  • Strengthens Siemens position in the military sector.
  • Supports various technological advancements.
  • Enhances naval capabilities and defense initiatives.

This contract exemplifies Siemens' commitment to contributing to national security and its role in the defense industry.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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