Navy Picks Chicago Contractor For $488 Million Cherry Point Warplane Depots
Only two firms bid on the Cherry Point deal, which could reach $658 million if the Navy exercises every option by 2030.
- Walsh Federal LLC of Chicago beat the lone rival bidder for contract N40085-26-C-0016 via SAM.gov.
- The Navy obligated $288,421,624 in fiscal 2025 and 2026 military construction funds at signing.
- Construction builds an F-35 Aircraft Sustainment Center and a CH-53K Composite Repair Facility, due May 2030.
Why it matters: Half a billion dollars changed hands on two bids: that is what passes for competition in war contracting.
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