Pentagon Announces Multiple USAF Contracts

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The Department of Defense issued 17 new contracts worth $831 million on Tuesday and expanded the scope of an 18th -- a massive $7 billion Power Purchase Agreement for the supply of alternative energy. Several of today's contracts benefited the U.S. Air Force in particular, including awards for:

  • $71.7 million: allocated to Computer Sciences Corporation's (NYSE: CSC  ) Applied Technologies subsidiary as a contract modification to provide base operating support and aircraft maintenance for T-38C/T-1A/T-6 training aircraft based at Vance Air Force Base in Oklahoma and used for undergraduate pilot training . This contract has a completion date of Sept. 30, 2014.
  • $8 million: awarded to General Dynamics' (NYSE: GD  ) Armament and Technical Products division under an indefinite-delivery/indefinite-quantity contract to do engineering work on medium-caliber aircraft guns and ammunition handling systems. This contract should be completed by Sept. 16, 2014.
  • And finally, British defense contractor BAE Systems (NASDAQOTH: BAESY  ) (LSE: BA  ) was awarded a $7.3 million option exercise on a contract to provide "non-personal services to operate, maintain, and support the perimeter acquisition radar attack characterization system and site" at Cavalier Air Force Station in North Dakota. Completion date: Sept. 30, 2017. 

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