SAIC, Textron Among Those Getting Pentagon Contracts

Over the past two in-sequester days, the Pentagon has awarded a total of 42 separate contracts to various contractors, worth well over $4 billion in aggregate. Among them:

  • Privately held Marine Hydraulics International won a $7 million contract modification, under which the company will perform maintenance, alterations, and modernizations on the guided missile destroyer USS Cole. Work on the ship should be completed by June 2013.
  • Science Applications International Corp. (UNKNOWN: SAI.DL  ) was awarded a $21.2 million firm-fixed-price contract to perform "preventive and corrective maintenance" on software and equipment used by the Anti-Terrorism Force Protection Ashore Program Systems at 66 military installations worldwide.¬†Initial work on the project should be complete by March of next year, but the contract contains the possibility of up to five one-year options for extension which, if exercised, would increase the contract's value to $74.4 million in aggregate.
  • Alliant Techsystems (UNKNOWN: ATK.DL  ) won a $9.2 million firm-fixed-price contract modification for the company to upgrade the TS-04 control units on its Spider munitions to the TS-09 version. This contract will be complete by Jan. 31, 2014.
  • Computer Sciences Corp (NYSE: CSC  ) subsidiary DynCorp International will be paid $14.2 million on a cost-plus-award-fee incrementally funded contract to extend logistics support services to the U.S. Army's Directorate of Logistics through Sept. 30, 2013.
  • Textron's (NYSE: TXT  ) Marine & Land Systems unit scored a huge win -- a $113.4 million firm-fixed-price contract to supply Mobile Strike Force vehicles to the Afghan National Security Forces. Completion date: Feb. 28, 2014.


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