March 18, 2013
The Department of Defense announced a series of small (in defense contracting terms) contract awards to multiple publicly traded companies Monday. Among them were the following:
- The smallest award went to L-3 Communications' (NYSE: LLL ) Fuzing and Ordnance Systems unit, which was awarded $7.5 million to procure M734A1 fuzes, used to detonate mortar rounds upon collision or upon reaching a certain proximity to target. The completion date on this contract is Feb. 28, 2015.
- Atmos Energy Marketing, a subsidiary of Atmos Energy (NYSE: ATO ) , won a fixed-price with economic-price-adjustment contract worth up to $30.8 million to supply natural gas to Army, Navy, Air Force, and federal civilian agencies located in Texas through April 30, 2015.
- Science Applications International (NYSE: SAI ) won a pair of contracts. The larger one, worth at least $9.5 million, is a cost-plus-fixed-fee contract to perform research and development work on "configurable technology" for anti-submarine warfare surveillance in deep ocean areas. The 15-month contract has an optional six-month extension attached to it, which, if exercised, would raise the contract value to $10.1 million and extend performance through Dec. 17, 2014.
- SAIC's other contract, worth $8.6 million, is another cost-plus-fixed-fee contract. This one requisitions unspecified "information technology support services" from the company. Its estimated completion date is March 15, 2014.
- Finally, General Dynamics' (NYSE: GD ) National Steel and Shipbuilding division won an $18.7 million modification to a previously awarded contract to conduct post-shakedown work on the newly built landing platform/dock USS Anchorage (LPD 23). The Anchorage, which was built by Huntington Ingalls (NYSE: HII ) and christened in May 2011, is due to be commissioned in May. General Dynamics should complete its work on her by December 2014.