Pentagon Awards 10 Contracts Thursday

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It was a slow day at the Pentagon Thursday.

The Department of Defense awarded a total of 10 separate contracts today, but the aggregate value of all contracts awarded came to a (in Pentagon terms) measly $123.3 million. Three of the contracts going to publicly traded companies included:

  • A $22,237,386 modification to a previously awarded firm-fixed-price contract with General Electric (NYSE: GE  ) , exercising an option to buy six F414-GE-400 engines for Navy EA-18 G "Growler" electronic warfare aircraft. GE is expected to deliver the engines by March 2015.
  • $9.9 million for Ultra Electronics subsidiary 3e Technologies International, modifying a previously awarded contract to build a "critical infrastructure control and monitoring system" for Naval District Washington. This project aims to improve the functionality of the Navy's Virtual Perimeter Monitoring System . 
  • An $11.8 million firm-fixed-price contract with Elbit Systems (NASDAQ: ESLT  ) subsidiary EFW for the purchase of Helmet Display Tracker Systems (HDTS) for use by pilots of AH-1W SuperCobra attack helicopters. EFW will deliver "11 P-kits, 65 A-kits, 11 installations," also provide engineering and program support. The contract will be fulfilled by January 2015.

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Rich Smith

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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