Friday - June 26, 2026

HYLIION Awarded Up to $16 Million Contract

Copyright © Targeted News Service 2024
2024-09-10
WASHINGTON, Sept. 10 -- The U.S. Navy issued the following high-value contract information through the Pentagon on Sept. 4, 2024. HYLIION INC., Cedar Park, Texas, was awarded a cost-plus-fixed-fee contract (N0001424C1305) for the High Efficiency/Low Maintenance 250-kW Power Source 60-day test profile and evaluation effort. The total cumulative value of this contract, including a 24-month base period with no options, is $15,973,055. This contract provides for building and demonstrating the 250 kW . . .

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