in ,

BAE Unit Receives Army Incentive Fee for Bradley Testing Milestone

BAE Unit Receives Army Incentive Fee for Bradley Testing Milestone - top government contractors - best government contracting event

BAE Unit Receives Army Incentive Fee for Bradley Testing Milestone - top government contractors - best government contracting eventA business unit of BAE Systems has received a $7.9 million “performance incentive fee” from the U.S. Army for the completion of automotive forward speed, acceleration, and slope operation tests on Bradley vehicles.

BAE’s land and armaments business secured the payment through a contract modification for the Bradley engineering change proposal effort, the Defense Department said Monday.

Work under the modification is scheduled to be completed by Sept. 15.

The Army used fiscal 2017 research, development, test and evaluation funds to cover the incentive pay.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Altamira Female Execs Participate in The Women's Center Leadership Conference; Ted Davies Comments - top government contractors - best government contracting event
Altamira Female Execs Participate in The Women's Center Leadership Conference; Ted Davies Comments
PAE to Extend Support for Air Force's 96th Test Wing; John Heller Comments - top government contractors - best government contracting event
PAE to Extend Support for Air Force’s 96th Test Wing; John Heller Comments