Exhibit 31
2. The parties wish to make certain changes to the Existing Agreement to reflect the developments in the nature of the deal.
DISTIL analysis
- Original teaming agreement established exclusive relationship for 1000 K-8 drone sale to Ukraine
- Amendment reduced commission from 10% to 8% for sales through non-Fairwinds channels, capped at 1000 units
- Actual deliveries totaled 2000 drones valued at $58.7M by mid-2025
- Cyberlux calculated $2.3M commission owed to Fairwinds based on 8% of first 1000 units
- Multiple delivery trucks documented with DD Form 250s from April-June 2025
Extracted text
29 pages · 58487 charactersFAIRWINDS TECHNOLOGIES
First Amendment
This First Amendment (the "Amendment Agreement"), dated May 4, 2023, amends the Teaming Agreement (the "Existing Agreement"), executed on October 3, 2022, between Fairwinds Technologies LLC ("Company") and Cyberlux Corporation ("Cyberlux).
Accordingly, the parties agree as follows:
1.1) Paragraph 4 of the Existing Agreement, which deals with submissions to the Government, is amended by inserting the words "for which Fairwinds is acting as mutually agreed upon either Prime or Reseller to" immediately after the word "Government" at the end of the sentence.
1.2) Paragraph 8 of the Existing Agreement, which specifies the level of exclusivity of the deal, is amended by deleting it in its entirety and inserting int its place the following:
"Exclusive Agreement. This is an exclusive agreement, meaning that Fairwinds shall only support Cyberlux, and none of Cyberlux' competitors on the capture of this Ukrainian Government drone request for 1000 Model-K8 drones and any continuation orders and derivative drone orders, and Cyberlux shall not enter into any agreements that would prohibit it from meeting the obligations promised to Fairwinds, should an award be made to Cyberlux for the support of Ukrainian drone
services, except that Cyberlux can enter in any agreements necessary should Fairwinds not be in a position to offer mutually agreed prime or reseller services. Should this occur, Fairwinds is entitled to 8% of the Contract value for up to a total cumulative number of 1000 drone units, as defined in the amended Exhibit A - Statement of Work."
1.3) Exhibit A of the Existing Agreement, which specifies the payment to Fairwinds if the drones were sold through a party other than Fairwinds, is amended by deleting "10%" and inserting in its place "8%". Also, replacing in the same sentence the words "1000 variants" with "a total of 1000 units from the total cumulative awarded units."
To evidence the parties' agreement to this Amendment Agreement, they have signed, executed, and delivered it as shown below.
Signature: Amber Hutchinson
By: Amber Hutchinson Title: IDIQ Director
Date: 6/6/2023
Cyberlux Corporation
Document 175-33 Filed 04/15/26
Page 4 of 29 PageID#
Signature:
Mark. D. Schmidt
By: Mark Schmidt
Title: President & CEO
Date: 06/06/2023
STRATEGIC BUSINESS DEVELOPMENT, SERVICE AND SUPPLY TEAMING AGREEMENT
Relating To IDENTIFICATION AND QUALIFICATION OF BUSINESS OPPORTUNITIES, SUPPORT OF BUSINESS DEVELOPMENT, AND SOLUTIONS DELIVERY
Between FAIRWINDS TECHNOLOGIES LLC And CYBERLUX CORPORATION
This Strategic Business Development, Service, and Supply Teaming Agreement, and all attached appendices, hereinafter referred to as the ("Agreement"), dated May 4, 2023 is entered into and made between Fairwinds Technologies LLC, a Delaware limited liability company ("Fairwinds"), with an address of 920 Melvin Road, Annapolis MD 21403, and Cyberlux Corporation, existing under the laws of Nevada (hereinafter referred to as "Cyberlux"), with offices located at 800 Park Offices Drive, Suite 3209, Research Triangle, NC 27709. Both Fairwinds and Cyberlux are hereinafter also referred to individually and collectively as "Party", or "Parties" respectively.
WHEREAS, Fairwinds is a US-based technology company that is actively engaged in military sales around the world through a variety of relationships, including the DSCA, USASAC, DLA COCOM's, and embassies, and
WHEREAS, Cyberlux has a substantial product portfolio of drone technology, and wishes to grow their portfolio and sales opportunities through military and private contracts, and
WHEREAS, the Parties, have previously entered into a Teaming Agreement executed on 10/3/2022, that established the following business relationship:
WHEREAS, the Parties wish to expand their relationship in an effort to secure new business opportunities, new sales opportunities, improve upon their existing products and services, and collaboratively develop new products and services, and
WHEREAS, the parties may evaluate forming a joint venture or other business structure to pursue the design and development of the Next Generation Radio Technology and Products.
WHEREAS, the Parties intend to collaboratively pursue Drone Technology opportunities, current Generation Communication Product opportunities, Next Generation Radio Design and Product opportunities, and any other new business opportunities contemplated by the Parties, and
WHEREAS, the Parties intend to collaborate on a 'Best Efforts, Exclusive, Right of First Refusal" basis where each Party shall endeavor with best efforts to work exclusively with the other, where opportunities are offered by each Party to jointly pursue, with each Party providing the other the first opportunity to collaborate and pursue the specific opportunity, which can be refused by the other party after evaluation by either for strategic fit, and
WHEREAS, Section 6.1 of the Teaming Agreement executed on 10/3/2022 between the Parties sets forth an expiration upon notice by the US government of the final rejection of the proposal or an award of the contract to a firm other than Fairwinds, and
WHEREAS, where the Parties now wish to enter into this Strategic Business Development, Service, and Supply Teaming Agreement.
Now Therefore, the Parties acknowledge consideration in the form of the mutual covenants and promises set forth herein, and agree to be governed under the following terms:
2.1 In the event of termination, all outstanding fees owed from one party to the other for previously or substantially completed and delivered opportunities worked on under this agreement shall be paid within thirty (30) days of the receipt of such payment from said opportunity.
3.1 Under this agreement, both Parties shall seek to secure sales opportunities documented by additional agreements for specific opportunities and orders.
3.2 .There are no exclusive agreements or arrangements except for the following:
3.2.1 Where Fairwinds is already a dealer or representative of items used in Cyberlux drone products , Fairwinds has the exclusive right of first refusal for supplying those items to Cyberlux. Fairwinds shall also have the exclusive right of first refusal for supplying any DTC (Domo Tactical) product, and Agile 5G radio card technology. Despite the previous sentence, if Cyberlux and Agile enter into any agreement that results in any merger, acquisition, shared ownership, or ownership exchange between the two companies, then Fairwinds shall no longer have the exclusive right of first refusal for supplying Agile 5G radio card technology to Cyberlux.
3.2.2 Cyberlux has the exclusive right of first refusal for supplying drone platform types that are manufactured by Cyberlux to Fairwinds. If Cyberlux does not currently manufacture or have the ability to manufacture a specific drone platform type (Non-Cyberlux Drone) that is needed by Fairwinds, then Cyberlux has the right of first refusal to supply the Non Cyberlux Drone to Fairwinds at the same competitive pricing.
3.3 In accordance with section 5.1 of the Agreement and the existing Teaming Agreement between the parties, if the US Government requires Cyberlux to execute K-8 Drone sales through an entity other than Fairwinds, then Cyberlux shall pay to Fairwinds a fee of 8% of the first 1000 K-8 variant Drones that are sold as consideration for the consulting services and business support that has been provided.
3.4 Further details on the responsibilities and roles of each party are contained in the attached Appendix A
4.1 Invoicing and Payment Schedule. Except as otherwise agreed to in writing, any amount owed by one Party to the other in relation to this agreement, or any subsequent contract awards resulting from this Agreement, shall be paid within thirty (30) days of receipt of funds.
5.1 Bona Fide Commercial Selling Agency. Pursuant to the Teaming Agreement between the parties, executed 10/3/2022, Fairwinds continues to support Cyberlux as a bona fide commercial selling agency in accordance with FAR 52.203-5. Fairwinds is contracted by Cyberlux in accordance with federal law.
5.1.1 No fees paid to Fairwinds by Cyberlux are inequitable or exorbitant when compared to the services performed. The fees are considered customary for similar services related to commercial business.
5.1.2 Fairwinds has adequate knowledge of Cyberlux' product and business, as well as the other necessary qualifications to sell the products or services on their merits.
5.1.3 Cyberlux and Fairwinds have a continuing relationship and are involved in projects other than the sale of the aforementioned original 1000 K-8 Drones.
5.1.4 Fairwinds is a regular and well-established business that has existed for 8 years doing business as a commercial selling agency, contractor, business consultant, and government relations specialist.
5.1.2 Fairwinds agrees that, in the performance of the services contemplated by the Agreement, it shall neither exert nor propose to exert improper influence, as the term is defined in FAR 52.203-5.
5.1.3 The support and services provided by Fairwinds in Cyberlux' contract negotiations with US Government prime contractors or United States Contracting Officers include but are not limited to:
a) Reviewing and providing input to contract drafts.
b) Reviewing of FAR/DFAR flow downs.
c) Reviewing of commercial Terms and Conditions.
d) Providing consultation services through subject matter experts that include Fairwinds officers and employees with over 100 years combined commercial acquisition experience and former Government employees with acquisition training and certification during their Government civilian careers.
6.1 For the duration of this Agreement and the three (3) years immediately following its termination, each party shall keep and procure to be kept secret and confidential all secret or confidential commercial, financial, and technical information, know how, trade secrets, inventions, computer software, and other information whatsoever and in whatever form or medium, whether disclosed orally or in writing, together with all reproductions in whatsoever form and any part or parts of it "confidential information" which relates to either party. This Agreement and its contents are confidential and proprietary.
7.1 Both Parties grant the other a perpetual, irrevocable, worldwide, royalty-free, license- free, license to use, modify, further develop, adapt, exploit, and commercialize any of the Intellectual Property of the other only to the extent that such a license is necessary for the other to fully perform its obligations and role under this document or any future agreements stemming from this document.
7.2 Both Parties agree that the other's Intellectual Property shall not be used in any resulting product solution unless approved by both Parties in writing.
7.3 Except as expressly authorized herein or in writing, neither party shall attempt to reverse engineer, analyze or disassemble, or cause to be reverse engineered, analyzed or disassembled any product, formulation, process technology, sample or other technology provided by the other party, either directly or indirectly. Likewise, neither party shall provide a sample of any product or technology provided to them by the other party to any third party or entity, including but not limited to, any type of lab facility.
Fairwinds Point of Contact:
ATTN:
Jim Sprungle,
Annapolis MD, 21403
james.sprungle@fairwinds-tech.com
703-472-1940
Or
Document 175-33 Filed 04/15/26
Matt Jones, matthew.jones@fairwinds-tech.com
Cyberlux Point of Contact:
Research Triangle Park, NC 27709
919-434-6608
ATTN:
Mark Schmidt
Mshmidt@cyberlux.com
Entire Agreement. The Parties acknowledge that this Agreement expresses the entire understanding between the Parties, and furthermore supersedes any prior agreements or understandings with respect to the subject matter contained herein.
SIGNATURE AND AUTHORIZATION
EACH PARTY REPRESENTS THAT IT HAS READ THIS DOCUMENT IN ITS ENTIRETY AND AGREES TO PERFORM IN ACCORDANCE WITH THE TERMS AND CONDITIONS CONTAINED HEREIN.
IN WHITNESS WHEREOF, the Parties hereto have caused this agreement to be signed, delivered, and executed by their duly authorized signatories on the dates set forth below.
FAIRWINDS TECHNOLOGIES
BY: Amber Hutchinson
NAME: Amber Hutchinson TITLE: IDIQ Director
DATE: 06/07/2023
CYBERLUX CORPORATION
BY:
Mark D. Schmidt
NAME: Mark Schmidt
TITLE: President and CEO
DATE: June 7, 2023
APPENDIX A Scope of Work
The Parties shall perform their responsibilities and roles as detailed below.
Fairwinds shall:
a. Fairwinds shall provide pre-sales support for reimbursement of travel expenses at cost with detailed receipt backup
b. Fairwinds shall provide radio customer support FSRs as needed
c. Fairwinds shall provide test event and lab evaluation support
d. Other pre-sales support as assigned
e. Fairwinds shall provide Competitive Technical Market Research and whitepaper development for the Cyberlux Drone business and DATRON acquisition, as required
f. Insight into Future Product Recommendations to address discovered radio market gaps
g. Produce System Concept of Operations and Customer Systems Requirements Development for DATRON, as required.
a. Defense Security Cooperation Agency
b. United States Army Special Operations Command
c. NAVAIR
d. Naval Surface Warfare Center
e. United States Army Security Assistance Command
f. Secretary of the Air Force, International Affairs
g. Special Operations Command Europe
h. United States Central Command
i. Department of State
j. US Embassies and Consulates abroad, as required.
k. Coordination with various Office of Defense Cooperation (ODC) and Liaison Officer (LNO) personnel as required to support US Foreign Military Financed (FMF) and Foreign Military Sales (FMS) as required.
l. Others, as required from time to time.
APPENDIX A (continued)
Cyberlux shall:
FAIRWINDS TECHNOLOGIES
TEAMING AGREEMENT Fairwinds Technologies LLC - Cyberlux Corporation
THIS TEAMING AGREEMENT and all exhibits attached hereto or referenced herein (hereinafter referred to as the "Agreement"), is made and entered into this 26th day of September 2022 between Fairwinds Technologies LLC., a company existing under the laws of Delaware (hereinafter referred to as "Fairwinds") with offices at 920 Melvin Road, Annapolis MD 21403, and Cyberlux Corporation, existing under the laws of Nevada (hereinafter referred to as "Cyberlux") with offices at 800 Park Offices Drive Suite 3209, Research Triangle, NC 27709. Fairwinds and Cyberlux are referred to collectively herein as the "Parties" and individually as a "Party."
WHEREAS, Cyberlux has a substantial product portfolio of drone technology, including their Model- K8 Aircraft which provides infantry units with an offensive and defensive weapon system capable of precision threat neutralization at ranges, that meet the requirements for the current theater of operations; and
WHEREAS, Fairwinds is actively engaged in foreign military sales around the world involving military technology through a variety of relationships, including the DSCA, USASAC, DLA TLS, COCOM's, and embassies, and
WHEREAS, The Government of Ukraine, because of its ongoing defense efforts, has directly contacted Cyberlux by letter and requested international aid in the form of a large shipment of Model K-8 Aircraft, and
WHEREAS, Fairwinds has directly coordinated meetings with representatives of the US Government, Ukraine LNO, DATT, and Partner Nations, and
WHEREAS, the Parties wish to collaborate and leverage their unique skill sets to successfully secure payment through existing funding opportunities for the shipment of said Model K-8 Aircraft, and
WHEREAS, the Parties wish to enter into this Agreement to set forth more fully the terms and conditions pursuant to which the Parties shall enter into any contract(s) resulting therefrom.
NOW, THEREFORE, in consideration of the foregoing, and in reliance on the mutual promises and obligations contained herein, the Parties hereby agree as follows:
6.1 This Agreement shall expire upon the happening of one of the following events, whichever shall occur first:
6.1.1 Written notice from the Client that it will not award a contract.
6.1.2 Written notice from the Client of Client's final rejection of the Proposal or award of a contract for the Project to a firm other than the Parties.
6.1.3 The expiration of 24 months from the date of this Agreement; provided, however, this Agreement shall be extended for one additional year if the Proposal has been submitted and the Client has not provided written notice as to contract award within the 24-month period.
6.1.4 The insolvency, bankruptcy, reorganization under the bankruptcy laws, or assignment for the benefit of creditors of either Party to the extent that there is a reasonable doubt that such Party lacks the resources or ability to properly perform its obligations hereunder.
6.1.5 Mutual agreement of the Parties to terminate this Agreement.
6.1.6 Suspension or debarment or either Party, or any other circumstance that renders Party ineligible for participation in the project.
6.2 Upon a material breach of this Agreement by either Party, the non-breaching Party may terminate this Agreement if such breach remains uncured fifteen (15) days after the breaching Party's receipt of notice of the breach and take such other action in law or equity as such non- breaching Party elects.
Fairwinds
Cyberlux
Name:
Michael Bristol
Name:
Mark Schmidt
Title:
Executive VP
Title:
CEO
Address:
Address:
City, State, Zip
Annapolis MD 21403
City, State, Zip
Research Triangle, NC 27709
Phone:
703-472-1940
Phone:
914-434-6608
E-mail:
Michael.bristol@Fairwinds- tech.com
E-mail:
mschmidt@cyberlux.com
IN WITNESS WHEREOF, the Parties represent and warrant that this Agreement is executed by duly authorized representatives of each Party as set forth below on the date first stated above.
Company: Fairwinds Technologies LLC Company: Cyberlux Corporation
Amber Hutchinson 10/3/2022
Mark D. Schmidt 10/03/2022
Signature
Date
Signature
Date
Name:
Amber Hutchinson
Name:
Mark Schmidt
Title:
Director of Contract Management
Title:
CEO
Address:
Address:
Annapolis MD 21403
Research Triangle Park, NC 27709
Phone:
843-344-6581
Phone:
919-434-6608
E-mail:
amber.hutchinson@fairwinds-
E-mail:
mschmidt@cyberlux.com
tech.com
Cyberlux has received an initial request from the Armed Forces of Ukraine for one thousand (1000) Model K-8 Aircraft valued at a total of $38,704,000.00. Fairwinds has agreed to assist in securing a US government contract vehicle for the shipment of these and follow up drone requests.
Facilitate meetings and assist in the securing of payment through a DLA TLS contract vehicle for the shipment of the initial one thousand (1000) drones.
Work with Cyberlux to negotiate an IDIQ with CECOM SAM-D, EUCOM SAM-D, (or additional COCOM as appropriate) for additional drone requests by the Armed Forces of Ukraine.
Act as Reseller for the final shipment of any drones requested through this agreement and its resulting contract vehicles.
Work with Cyberlux to trigger a facility clearance via Sub-contracted task, as appropriate.
Work in good faith to complete a follow-up, strategic agreement, whereby Fairwinds provides Cyberlux with a MIL- waveform, sufficiently hardened for their theaters of operation.
Sole developer and supplier of the Model K-8 Aircraft.
Cyberlux will develop and supply enhancements, variants and changes as requested.
Add Fairwinds as Licensee to their ITAR, DSP, and associated export compliance authorizations Assist in securing contract vehicle for shipment of initial one thousand (1000) drones.
Assist in securing IDIQ with CECOM SAM-D2 ;- , EUCOM SAM-D, (or additional COCOM as appropriate) contract vehicles for additional drone requests by the Armed Forces of Ukraine.
Provide any requested drone orders to Fairwinds, who will act as Reseller, at a discounted rate of twenty (20) percent below MSRP.
If an order is placed and financed by parties unrelated to the US Government and/or any of the entities that Fairwinds is supporting Cyberlux with, Cyberlux will act as Reseller.
In the event that the US Government or International Donation Coordination Center requires direct contract, or orders via another prime contract vehicle where Fairwinds is not acting as Reseller, then Cyberlux will pay Fairwinds 10% of the contract value in lieu of the resulting award, up to 1000 K-8 variants.
Work in good faith to complete a follow-up, strategic agreement, whereby Fairwinds provides Cyberlux with a MIL- waveform, sufficiently hardened for their theaters of operation.
Dantin, Joanna
From:
Jim Sprungle <james.sprungle@fairwinds-tech.com>
Sent:
Tuesday, July 8, 2025 6:09 PM
To:
Robert Miller; Toby Wirth
Subject:
FW: Commission calculation
Attachments:
Fairwinds Commission Calculation.xlsx; PNWA9432056002AXX DD Form 250 (pg. 1) - Cyberlux - Signed.pdf; PNWA9432056002BXX DD Form 250 (pg. 1) - Cyberlux - Signed.pdf; PNWA9432056002CXX DD Form 250 - Cyberlux - Signed.pdf; PNWA9432056002CXX DD Form 250 2 - Cyberlux - Signed.pdf; Invoice for Truck 1 Final.pdf; Truck 1 Signed DD250s_corrected_05212025.pdf; Invoice for Truck 2 Final.pdf; Truck 2 Signed DD250s.pdf; Truck 3 - Signed DD250s.pdf; Truck 3 - Signed Invoice.pdf; Truck 4 - DD250s_05062025.pdf; Truck 4 - Invoice - Signed.pdf
Thoughts on next steps? I will send a revised invoice tomorrow for $2.3M.
Jim Sprungle CEO 443.223.0301 fairwinds-tech.com
From: Mark Schmidt <mschmidt@cyberlux.com>
Sent: Tuesday, July 8, 2025 7:01 PM To: Jim Sprungle <james.sprungle@fairwinds-tech.com> Cc: Loren Buck <lbuck@cyberlux.com>
Subject: Fw: Commission calculation
WARNING - EXTERNAL EMAIL - This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.
(This is a resend due to size. I put the rest of the invoices and DD250s in a second email.)
Jim, please find the attached spreadsheet on the applicable 1000 drone shipment commission. I've included all the applicable invoices and the DD250s for all the drone shipments for transparency. With the SWO and ultimate contract modification, there are a few elements to the calculation. Loren and I are available to answer any questions and to step through the spreadsheet as you'd like.
V/R - Mark
Mark Schmidt | President and CEO
mschmidt@cyberlux.com 919-434-6608
CYBERLU
® Harnessing the Future Visit our Website
From: postmaster@fairwinds-tech.com <postmaster@fairwinds-tech.com>
Sent: Tuesday, July 8, 2025 5:49 PM To: james.sprungle@fairwinds-tech.com <james.sprungle@fairwinds-tech.com>
Subject: Undeliverable: Commission calculation
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From: Mark Schmidt <mschmidt@cyberlux. com> To: "james . sprungle@fairwinds-tech . com" <james . sprungle@fairwinds-tech. com>
CC: Loren Buck <1buck@cyberlux.com>
Subject: Commission calculation
Thread-Topic: Commission calculation
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Date: Tue, 8 Jul 2025 21:47:43 +0000
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$ -
INVOICE SUMMARY
Cumulative
CLIN 0001 Accounting
Truck
Invoice #
Ship Date
CYBL Amount
Total Amount
Cumulative
$ 22,776,605.40 Due CYBL
To USG
$ 22,776,605.40
CLIN
Total
CYBL
USG "Credit"
CLIN 0002 Cost
20230829-HII-1012
$ 1,353,669.18
$ 1,353,669.18
$ -
$ (22,776,605.40)
CLIN 0003 Cost
20230829-HII-1013
$ 1,403,585.21
$ 2,757,254.39
$ -
$ (22,776,605.40)
CLIN 0001
Truck1
20230829-HII-1014
4/25/25
$ 1,994,110.32
$ 4,751,364.71
$ 7,121,822.57
$ 7,121,822.57
$ (15,654,782.83)
$ 7,121,822.57
$ 1,994,110.32
$ 5,127,712.25
CLIN 0001
Truck2
20230829-HII-1015
4/28/25
$ 1,978,756.15
$ 6,730,120.86
$ 7,066,986.24
14,188,808.81
$ (8,587,796.59)
$ 7,066,986.24
$ 1,978,756.15
$ 5,088,230.09
CLIN 0001
Truck3
20230829-HII-1016
5/2/25
$ 2,104,910.92
$ 8,835,031.78
$ 7,517,539.00
21,706,347.81
$ (1,070,257.59)
$ 7,517,539.00
$ 2,104,910.92
$ 5,412,628.08
CLIN 0001
Truck4
20230829-HII-1017
5/5/25
$ 2,104,910.92
$ 10,939,942.70
$ 7,517,539.00
29,223,886.81
$ 6,447,281.41
$ 7,517,539.00
$ 2,104,910.92
$ 5,412,628.08
CLIN 0001
Truck5
20230829-HII-1018
5/8/25
$ 2,688,510.06
13,628,452.76
$ 4,423,916.96
$ 33,647,803.77
$ 10,871,198.37
$ 4,423,916.96
$ 2,688,510.06
$ 1,735,406.90
CLIN 0001
Truck6
20230829-HII-1019
5/12/25
$ 3,138,629.76
16,767,082.52
$ 3,138,629.76
$ 36,786,433.53
$ 14,009,828.13
$ 3,138,629.76
$ 3,138,629.76
$ -
CLIN 0001
Truck7
20230829-HII-1020
5/28/25
$ 2,759,934.81
$ 19,527,017.33
$ 2,759,934.81
$ 39,546,368.34
$ 16,769,762.94
CLIN 0001
Truck8
20230829-HII-1021
6/3/25
$ 4,212,791.47
$ 23,739,808.80
$ 4,212,791.47
$ 43,759,159.81
$ 20,982,554.41
CLIN 0004
20230829-HII-1024
$ 1,615,972.07
$ 25,355,780.87
CLIN 0002 Profit
20230829-HII-1022
$ 203,050.38
$ 25,558,831.25
CLIN 0003 Profit
20230829-HII-1023
$ 210,537.78
$ 25,769,369.03
Due:
CLIN 0001
$ 20,982,554.41
CLIN 0002/0003 Cost
$ 2,757,254.39
CLIN 0004
$ 1,615,972.07
CLIN 0002/0003 Profit
$ 413,588.16
Total Due
$ 25,769,369.03
Original Contract Shipments DD250s
Qty
Unit Price
CYBL Amount
PNWA9432056002AXX K8-1 Drone
$40,500.00
$972,000.00
K8-2 Drone
$36,900.00
$1,771,200.00
PNWA9432056002BXX K8-1 Drone
$40,500.00
$1,944,000.00
K8-2 Drone
$36,900.00
$2,656,800.00
PNWA9432056002CXX K8-1 Drone
$40,500.00
$1,620,000.00
K8-2 Drone
$36,900.00
$3,247,200.00
PNWA9432056002CXX K8-1 Drone
$40,500.00
$972,000.00
K8-2 Drone
$36,900.00
$1,771,200.00
$14,954,400.00
Commission Calculation
Drones
Payment
$ 14,954,400
Original Contract
$ 43,759,160
Closeout Modification
$ 58,713,560
$ 29,357
Per unit average
$ 29,356,780
$ 2,348,542
8% Commission
Notes: CLIN 0001 is the shipping of drones in closeout modification. Other CLINs related to expense reimbursements related to closing out the contract
Original source file
- File
- ip-hii-edva-00483-doc-0175-exhibit-33.pdf
- Source UID
- source:51c51e6c9bfbb082a208f01bcf1d0e5548c3b62df712c774b126ddf3a761d6bf
- Full SHA-256
- 51c51e6c9bfbb082a208f01bcf1d0e5548c3b62df712c774b126ddf3a761d6bf