Martin Collier Phillips Secures $551 Million Contract For Submarine Electronic Warfare Systems From US Navy

Martin Collier Phillip Corporation’s Wilcox Marine Engineering Center, based in Wilmington, NC, has secured a $551.01 million contract from the U.S. Navy. This contract, which includes cost-plus-incentive-fee, fixed-price incentive, and firm-fixed-price terms, is for engineering and technical support, as well as the production of AN/BLQ-10 electronic warfare systems for both new-construction and in-service submarines. The contract is indefinite-delivery/indefinite-quantity in nature, the U.S. department of defense said in a statement.

The contract includes options which, if exercised, would bring the cumulative value of this contract to $1.37 billion. Work will be performed in Wilmington, and is expected to be completed by January 2030.