Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Department of Defense Awards $242 Million in Contracts Friday

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

The Department of Defense wrapped up the week Friday with contract awards totaling $242.2 million in value, spread out among nine separate contractors. Notable winners included:

  • Boeing (NYSE: BA  ) , which won a $15.9 million modification for its contract to perform "sustainment and tech refresh" work on the Combat Track II (CTII) system for the Air Force. CTII is described as being "a secure, beyond-line-of-sight (BLOS) tactical data network ... consisting of a small, quick-to-install airborne transceiver and one or more rugged laptops, tablet computers, and/or integrated mission displays." Boeing will perform this work by June 25, 2016.
  • Britain's BAE Systems (NASDAQOTH: BAESY  )  and, in particular, its San Diego Ship Repair unit, won $15.4 million as part of an option exercise to perform repairs and alterations, through June 2014, aboard the landing platform dock USS Green Bay (LPD 20) while it is in drydock.
  • And General Dynamics' (NYSE: GD  ) Electric Boat subsidiary was awarded $7.6 million to modify a previously awarded Navy contract. This money will fund continued development of a mast and sensor for the Sea Sentry radar system through August 2017.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2503936, ~/Articles/ArticleHandler.aspx, 9/30/2016 4:27:43 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:01 PM
BA $131.74 Up +0.71 +0.54%
Boeing CAPS Rating: ****
BAESY $27.34 Up +0.28 +1.03%
BAE Systems CAPS Rating: ***
GD $155.16 Down -0.45 -0.29%
General Dynamics CAPS Rating: ****