DoD Awards BAE Systems $204M for USS Iwo Jima (LHD 7) FY26 Ship Repair

Contract Overview

Contract Amount: $204,160,189 ($204.2M)

Contractor: BAE Systems Maritime Solutions Norfolk Inc.

Awarding Agency: Department of Defense

Start Date: 2026-08-24

End Date: 2028-02-25

Contract Duration: 550 days

Daily Burn Rate: $371.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: USS IWO JIMA (LHD 7) FY26 SRA

Place of Performance

Location: NORFOLK, NORFOLK CITY County, VIRGINIA, 23523

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $204.2 million to BAE SYSTEMS MARITIME SOLUTIONS NORFOLK INC. for work described as: USS IWO JIMA (LHD 7) FY26 SRA Key points: 1. Significant contract value for a major naval vessel. 2. BAE Systems is a key player in maritime solutions. 3. Potential for cost overruns or schedule delays in complex ship repair. 4. Spending falls within the broader Defense sector, specifically shipbuilding and repair.

Value Assessment

Rating: good

The contract value of $204M for a 550-day duration appears reasonable for a complex naval vessel like the USS Iwo Jima. Benchmarking against similar large-scale ship repair contracts would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method is expected to drive price discovery and potentially achieve a fair market price.

Taxpayer Impact: Taxpayer funds are being used for essential maintenance of a naval asset, ensuring its operational readiness.

Public Impact

Ensures the operational readiness of a critical naval asset. Supports jobs within the shipbuilding and repair industry. Contributes to national defense capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for scope creep during extensive repairs.
  • Reliance on a single contractor for a large portion of the work.
  • Schedule slippage impacting fleet readiness.

Positive Signals

  • Awarded under full and open competition.
  • Firm Fixed Price contract type limits cost risk.
  • Clear end date for the contract.

Sector Analysis

This contract falls under the shipbuilding and repair sector, a critical component of the defense industrial base. Spending benchmarks for similar large-scale naval vessel overhauls are typically in the hundreds of millions.

Small Business Impact

While the prime contractor is BAE Systems, the contract does not indicate specific set-asides for small businesses. Subcontracting opportunities may exist, but direct small business participation is not evident from this data.

Oversight & Accountability

The Department of the Navy is responsible for overseeing this contract. Standard oversight mechanisms for large defense contracts should be in place to monitor performance, cost, and schedule.

Related Government Programs

  • Ship Building and Repairing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Complexity of naval vessel repair.
  • Potential for schedule delays.
  • Reliance on a single large contractor.
  • Scope creep risk.
  • Availability of skilled labor for specialized repairs.

Tags

ship-building-and-repairing, department-of-defense, va, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $204.2 million to BAE SYSTEMS MARITIME SOLUTIONS NORFOLK INC.. USS IWO JIMA (LHD 7) FY26 SRA

Who is the contractor on this award?

The obligated recipient is BAE SYSTEMS MARITIME SOLUTIONS NORFOLK INC..

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $204.2 million.

What is the period of performance?

Start: 2026-08-24. End: 2028-02-25.

What is the historical performance of BAE Systems Maritime Solutions Norfolk Inc. on similar naval repair contracts?

Historical performance data for BAE Systems Maritime Solutions Norfolk Inc. on comparable naval repair contracts is crucial for assessing reliability and potential risks. Reviewing past project completion times, adherence to budget, and quality of work would provide valuable insights into their capabilities and potential challenges in executing the USS Iwo Jima (LHD 7) FY26 SRA effectively.

How will potential unforeseen issues discovered during the repair process be managed under the Firm Fixed Price contract?

Under a Firm Fixed Price contract, the contractor is generally responsible for unforeseen issues unless specific contract clauses allow for equitable adjustments. The Department of the Navy will need robust change order management processes to evaluate any proposed modifications to the scope or price, ensuring taxpayer funds are protected while necessary repairs are completed.

What are the key performance indicators (KPIs) being used to measure the success of this repair contract?

Key performance indicators for this contract likely include adherence to the schedule (550 days), completion of all specified repair tasks to Navy standards, and maintaining the structural and operational integrity of the USS Iwo Jima (LHD 7). Quality assurance inspections and final acceptance trials will be critical in verifying successful completion and overall effectiveness.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTNON-NUCLEAR SHIP REPAIR

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0002425R4405

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Ball Corporation

Address: 750 W BERKLEY AVE, NORFOLK, VA, 23523

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $240,879,128

Exercised Options: $204,160,189

Current Obligation: $204,160,189

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2026-08-24

Current End Date: 2028-02-25

Potential End Date: 2028-02-25 00:00:00

Last Modified: 2026-01-08

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