Contract Award: Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales program. Work will be performed in York, Pennsylvania (85%), Panama City, Florida (5%), Norfolk, Virginia (5%), and Busan, Korea (5%), and is expected to be completed by June 2030. FMS (Korea) funds in the amount of $13,631,598 will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1) and Federal Acquisition Regulation 6.302-1 (only one responsible source and no other supplies or services will satisfy agency requirements). Naval Surface Warfare Center, Panama City, Florida, is the contracting activity (N61331-26-C-0001).