The U.S. Army says it’s awarded Costa Mesa-based defense company Anduril Industries a contract worth up to $20 billion to consolidate the procurement and management of the company’s commercially available technologies.
“This strategic move will streamline operations, reduce administrative costs, and accelerate the fielding of critical capabilities to warfighters and other stakeholders across the U.S. government,” the Army said on its website.
The Army added: “The 10-year contract includes a five-year base period and five-year optional ordering period which allows the Army to extend the contract beyond the base period. The contract has a total estimated value of up to $20 billion. This amount represents the maximum potential value, not an obligated amount.”
