Jan. 22 (UPI) -- The U.S. Navy has issued a multiple-award contract to Epsilon Systems Solutions, Walashek and L-3 Unidyne to provide services to support the Landing Craft, Air Cushion, or LCAC, fleet modernization program.
The deal, announced Friday by the Department of Defense, falls under the terms of a fixed-price, multiple award indefinite-delivery, indefinite-quantity contract.
The three companies will provide support for post-service life extension, post-shakedown availability in support of the Navy's LCAC fleet modernization program.
The Navy's maintenance and repair support funds from fiscal 2018 to 2022, which will cover ship repair, maintenance, and modernization, of more than $34 million have been awarded to Epsilon Systems Solutions.
Walashek will be awarded more than $35.3 million, and L-3 Unidyne will be awarded more than $37 million each, the Pentagon said. Options built into the contract, if exercised, could bring the cumulative ceiling value to $37.9 million.
Work on the contract will occur in Little Creek, Va., and is expected to be completed by December 2018.