L3 Wins Multi-Year Order

L3 Technologies said pre-market Thursday it has received an initial $89.2 million firm-fixed-price contract award from the U.S. Army. L3 said it will supply M783 Point Detonating/Delay (PD/DLY) Mortar Fuzes and M734A1 Multi-Option Fuze for Mortars (MOFM).

This is a multi-year contract with a base award and four option years, which, if fully exercised, has the potential to exceed $230 million. The M783 and M734A1 fuzes are the U.S. Army’s next-generation, NATO-standard electronic fuzes for mortars.

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