Booz, Northrop, and CSC Win $123.2 Million in USAF Contracts

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The Department of Defense announced a series of new defense contracts benefiting the U.S. Air Force on Friday, with publicly traded companies reaping more than $123 million in awards, including:

  • Booz Allen Hamilton (NYSE: BAH  ) , which was awarded a $59.4 million contract modification to provide "additional systems engineering and integration support for launch test and range system programs" for the U.S. Air Force through Dec. 2.
  • Northrop Grumman (NYSE: NOC  ) , whose Technical Services division won a $47.8 million firm-fixed-price contract to provide follow-on support for DoD C-20 passenger aircraft operated by the Air Force. This work is expected to be completed by June 31.
  • Computer Sciences (NYSE: CSC  ) , whose DynCorp International subsidiary won a $16 million sole-source, short term bridge contract for unspecified "aircraft maintenance support services." Completion date: July 31.

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Rich Smith

I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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5/24/2016 4:02 PM
BAH $28.40 Down -0.61 -2.10%
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