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The Department of Defense awarded 19 separate defense contracts Thursday, worth $6.64 billion in total. The biggest award by far was a $5.79 billion multiple-award, indefinite-delivery/indefinite-quantity (ID/IQ) contract for Network-Centric Solutions-2 (NETCENTS-2) network operations and infrastructure solutions, parceled out to a dozen federally defined small businesses, all privately held defense contractors. But publicly traded companies landed a few contract wins, as well. Among them:
- Exelis was awarded a $17.8 million contract modification to continue post-production maintenance support of Joint Service Explosive Ordnance Disposal Counter Radio Controlled Improvised Explosive Device Electronic Warfare (JSEOD CREW) devices aimed at jamming the signals used to detonate roadside IEDs. This contract will now continue in force through March 2015.
- Cardinal Health was awarded an option exercise (the second of four possible) worth up to $16.8 million, to continue supplying U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies with "various laboratory supplies" through April 12, 2015.
- United Technologies' Sikorsky Aircraft Corp division received a $14.9 million cost-plus-fixed-fee delivery order to redesign the cabin on the VH-3D In-Service Presidential Helicopter (aka "Marine One"), aiming to reduce the vehicle's total gross weight so as to improve lift capability. This work should be completed in July 2016.
- FLIR Systems subsidiary ICx Technologies was awarded a $12.3 million contract modification to supply the U.S. Army with 12 "dismounted reconnaissance sets, kits, and outfits army configuration systems" by March 25, 2015.
The article Pentagon Awards $6.64 Billion in Defense Contracts Thursday originally appeared on Fool.com.Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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