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Boeing Takes 3 of 10 Pentagon Contracts Awarded Thursday

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It was a slow day at the Pentagon Thursday, but not everyone's complaining.

The Department of Defense awarded a total of 10 separate contracts today and, believe it or not, one single company -- Boeing (NYSE: BA  ) -- took home three of them:

  • An $18.3 million cost-plus-fixed-fee delivery order for supplies and services needed to test and evaluate the serviceability of Navy F/A-18E/F and EA-18G warplanes. This contract runs through February 2014.
  • A $6.9 million modification to a previously awarded firm-fixed-price contract to buy aircraft armament equipment for Boeing F/A-18E/F and EA-18G warplanes, including SUU-78A/A Pylons and well covers. Pylons are the suspension devices on an airplane's wings, to which weapons are attached. Well covers are ... well, covers that cover up a plane's wheel wells. This contract should be completed by January 2016.
  • And finally, an $8.5 million delivery order under a previously awarded indefinite-delivery/indefinite-quantity, cost-plus-fixed- fee foreign military sales contract to upgrade Japanese Air Self Defense Force AWACS mission computers and other electronics. Work on this contract should be complete by Dec. 31, 2014.

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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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5/23/2016 4:01 PM
BA $127.58 Up +0.19 +0.15%
The Boeing Company CAPS Rating: ****