June 30 (UPI) -- The U.S. Army has contracted with L3 Technologies to supply M783 Point Detonating/Delay Mortar Fuzes and the M734A1 Multi-Option Fuze for Mortars.
The initial firm-fixed-price contract is worth $89.2 million. It is a multi-year contract with four option years, the company announced Thursday. If the options are fully exercised, the contract has a potential value of more than $230 million, L3 said.