United States, March 3 -- Seemann Composites LLC, Gulfport, Mississippi, is awarded a $97,883,811 cost-plus-fixed-fee and cost-plus-incentive-fee, indefinite-delivery/indefinite-quantity contract for design, development, manufacturing demonstration, evaluation, and production scale-up of advanced material (including composites), and multi-material prototype propulsor, shafting, and bearing components. Work will be performed in Gulfport, Mississippi, and is expected to be completed by March 2030. Fiscal 2025 research, development, testing and evaluation funds in the amount of $27,227 will be obligated at time of award. This is a sole source contract and was not procured via the Federal Business Opportunities website. The contract will be awa...