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Pentagon Awards $766 Million in Contracts Thursday

Thursday was a busy day at the U.S. Department of Defense, as the Pentagon announced no fewer than 27 separate contract awards worth a total of $766 million. Among the publicly traded companies winning contracts:

  • Gentex Corp. (NASDAQ: GNTX  ) won a contract worth up to $86.8 million to supply the U.S. Army, Navy, Air Force, and Marine Corps with lightweight, advanced combat helmets through Aug. 30, 2016.
  • United Technologies (NYSE: UTX  ) subsidiary Sikorsky was awarded a $25.6 million contract modification hiring it to overhaul 250 Army UH-60 Blackhawk main rotor blades.
  • Philips Healthcare, a subsidiary of Koninklijke Philips N.V.
    (NYSE: PHG  ) , won a $17.1 million contract modification tasking it with maintaining biomedical equipment at various Air Force and Army military treatment facilities.
  • Johnson & Johnson (NYSE: JNJ  ) was awarded the third (out of seven possible) option-year exercise on a contract to supply various medical and surgical products to the U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies. This contract is worth $9.6 million to J&J, and now runs through Aug. 30, 2014.
  • Raytheon (NYSE: RTN  ) won a $7.4 million option exercise on a contract to supply the U.S. Air Force with additional Lot 13 AIM-9X Sidewinder missiles. This contract is due to be completed by August 2015. 


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  • Report this Comment On September 04, 2013, at 1:09 PM, MMCheeks wrote:

    You have the wrong Gentex in your article. The defense contractor Gentex Corporation is privately held (no stock symbol). GNTX is the Gentex that is primarily an automotive supplier and does not make helmets for the military.

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