Pentagon Issues $1.5 Billion Worth of Contracts

On Monday, the Department of Defense awarded 19 contracts, which added up to just under $1.5 billion in total value. The largest award went to a private company to pay for "full line food distribution" in Okinawa. But even so, there were a few contracts worth noting, going to publicly traded companies:

  • Kratos Defense & Security Solutions (NASDAQ: KTOS  ) subsidiary Gichner Shelter Systems won a $25.5 million fixed-price, indefinite-delivery/indefinite-quantity contract to provide "up to" 400 mobile facility production units for use in testing, repair, and operation of avionics and other equipment by the Marine Corps and Navy in training and expeditionary scenarios. Delivery is due July 2018.
  • URS (NYSE: URS  ) Technical Services was awarded a $14.2 million option exercise on its contract to support the Air Combat Command's Unmanned Aircraft System Operations Center -- and in particular, its MQ-1 Predator and MQ-9 Reaper aircraft. DOD says the cumulative face value of this contract now exceeds $124.6 million and will conclude on June 30, 2014.
  • Sanofi (NYSE: SNY  ) Pasteur won a maximum $14.2 million firm-fixed-price contract to supply flu vaccines to the U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies through Sept. 30, 2013.
  • Similarly, Novartis (NYSE: NVS  ) Vaccines and Diagnostics was awarded a contract worth up to $14.1 million to supply flu vaccines to the Army, Navy, Air Force, and Marine Corps by the same delivery date.
  • Finally, EADS (NASDAQOTH: EADSY  ) North America was awarded a $12.9 million increase to a previously awarded firm-fixed-price, option-filled contract to provide logistics services for the Army's aviation assets.

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