Modeling the Future: PTC Inc.’s $8.3M Option for Naval Production Enhancement

PTC Inc. of Boston, Massachusetts is awarded an $8,309,113 contract modification to a previously awarded contract (N00024-20-C-6121) to exercise and fund an option for provisioned item orders in support of model-based production support. Work will be performed in Boston, Massachusetts, and is expected to be completed by December 2024. Fiscal 2024 shipbuilding and conversion, Navy, funding in the amount of $8,309,113 will be obligated at the time of award and will not expire at the end of the fiscal year. Naval Sea Systems Command, Washington Navy Yard, Washington, D.C., is the contracting activity.