This federal contract award N0025319D0004|N0025324F5506, valued at $790,056.85, was issued by the Naval Sea Systems Command (NAVSEA) to Laurel Technologies Partnership, doing business as DRS Laurel Technologies, to provide USN TI-20 production, surge, and spare parts. Laurel Technologies is a subsidiary of the Italian aerospace and defense firm Leonardo SPA Aircraft Division. The contract is a cost plus incentive delivery order with no set-aside designation.
As a major supplier to the U.S. Navy, Laurel Technologies holds several significant indefinite-delivery, indefinite-quantity (IDIQ) contracts, including a $4.1 billion CANES contract to provide IT hardware, software, and network infrastructure across naval fleets. For this specific award, Laurel Technologies has subcontracted a portion of the work to Arnold Magnetics Corporation, a manufacturer of custom power supplies and converters with a strong history of federal contract work, particularly with naval agencies.