As the clock ticks down toward the end of the Pentagon's fiscal year, Department of Defense acquisitions specialists have thrown caution to the wind -- and awarded a simply mind-boggling 113 separate contract awards on Friday. Worth a combined $10.92 billion, this single day's spending came close to equaling two weeks' worth of contract awards at any other time of the year.
Of these, Northrop Grumman (NYSE: NOC ) took home the most awards by far -- 10 defense contracts, or nearly 9% of all contracts awarded. Some of its wins were pretty significant, too. For example, Northrop landed:
- A $795.9 million contract modification to provide logistics support to Air Mobility Command aircraft at several stateside airbases through Sept. 30, 2015.
- A new $226.7 million cost-plus-incentive-fee contract to design, develop, build, assemble, integrate, furnish, test, evaluate, support, and document an In-flight Refueling-Capable E-2D Advanced Hawkeye airborne early warning aircraft for the U.S. Navy by January 2019
- Another new contract, worth $114.2 million, to purchase long-lead items needed to build three Low Rate Initial Production Lot 11 Block 30 Global Hawk drones by Feb. 28, 2015.
Other awards were less valuable, but still sizable:
- $36.8 million: a contract modification to continue running on-orbit operations and sustainment for Missile Defense Agency Space Tracking and Surveillance Systems -- Demonstrator satellites from October of this year through March 2015.
- $28 .1 million: a firm-fixed-price contract to supply the Air Force with aircraft aft deck structural supports by Nov. 30, 2017.
- $26.4 million: a firm-fixed-price, IDIQ contract to support the C-130 Direct Sales Public-Private Partnership by repairing 28 "national stock numbers" by Sept. 26, 2014.
- $19.3 million: a contract modification to support Defense Support Program spacecraft and sensors in orbit, as well as to support and give in-depth missile threat analysis on-site to the Space and Missile Systems Center's 2nd Space Warning Squadron through Sept. 30, 2014.
- $17.5 million: a contract modification to provide engineering and software sustainment services, including Littoral Combat Ship suitability follow-on testing, to the U.S. Navy in support of Navy MQ-8B Fire Scout unmanned helicopters through June 2014.
- $7.3 million: a firm-fixed-price contract to support the AN/TYQ-23(V)4 Tactical Air Operations Module, AN/TYQ-87(V)2 Sector Anti-Air Warfare Facility, Tactical Air Operations Module Interface Group, Multi-Radar Tracker, Multi-Channel Interface Unit, and critical components of the AN/TSQ-269 Mobile Tactical Air Operations Module, support software, and provide other support services to the U.S. Marine Corps through Sept. 26, 2014.
- And $7 million: a delivery order to maintain and upgrade AN/APG-68 radar systems on Air Force Block 30 F-16 fighter aircraft.