Sunday, April 28, 2013

$225 Million in Pentagon Contracts Awarded Thursday

The Department of Defense awarded a dozen separate contracts Thursday, worth more than $225 million in aggregate. Notable winners (among publicly traded companies) included:

CACI International (NYSE: CACI  ) , which was awarded a $20.2 million modification to a previously awarded contract to provide program management, acquisition, technical and engineering, business and financial management, and logistics support to the Program Executive Office Littoral Combat Ships through Oct. 2013. Bell Helicopter Textron (NYSE: TXT  ) , recipient of a $14.4 million firm-fixed-price, sole-source contract to supply main rotor blades to the U.S. Navy. This contract should be complete by Dec. 31, 2015. Tetra Tech (NASDAQ: TTEK  ) , which won $13.2 million as a firm-fixed-price contract modification increasing the maximum dollar value of a task order to perform soil cover restoration at the now-closed Alameda Point Naval Air Station in California. Tetra Tech's work on this contract should be complete by Feb. 2014. PerkinElmer's (NYSE: PKI  ) Genetics division, which won a maximum $9.7 million modification extending its one-year base contract to perform newborn screening services for members of the U.S. Army, Navy, Air Force, and Marine Corps by one year (out of a potential four one-year extensions). Raytheon's (NYSE: RTN  ) Space and Airborne Systems division, which was awarded $9 million to exercise an option on a previously awarded firm-fixed-price contract. Raytheon will supply 26 integrated multi-platform launch controllers (IMPLCs) for installation on Navy F/A-18 aircraft. The IMPLC is a component of the AN/ALE-50(V) countermeasures decoy dispensing set, used to defend the F/A-18 against hostile missiles. Raytheon's completion date on this contract is Nov. 2015.

No comments:

Post a Comment