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Navy Awards $5 Billion Contract to Speed Shipbuilding | JQJO

Navy Awards $5 Billion Contract to Speed Shipbuilding

Navy Awards $5 Billion Contract to Speed Shipbuilding

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The Defense Logistics Agency awarded a $5 billion contract to six companies to expedite US Navy ship manufacturing. The indefinite-delivery/indefinite-quantity contract, potentially reaching $10 billion, aims to reduce procurement lead times. Companies like SupplyCore will supply parts for various vessels, including submarines and carriers. This initiative addresses the Navy's urgent need to accelerate shipbuilding and modernize repair methods, employing technologies like AR and 3D printing to improve efficiency.

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