The Department of Defense awarded 14 separate defense contracts Wednesday, worth $2.25 billion in total. Among the publicly traded companies winning contracts:
- L-3 Communications (NYSE:LLL) won a $58.5 million indefinite-delivery requirements contract to provide logistics services and materials needed for maintenance work on U.S. Navy T45TS jet training systems and T-45 Goshawk jet training aircraft through July.
- Rolls-Royce (NASDAQOTH:RYCEY) was awarded a $39.6 million contract modification paying for 26,495 flight hours' worth of maintenance work on V-22 Osprey tiltrotor aircraft, and also for 26 low power MV-22 repairs through February 2015.
- Olin Corp.'s (NYSE:OLN) Winchester Division was awarded a $28.7 million option exercise to supply the U.S. Army with an unspecified amount of .50 caliber and 5.56mm ammunition through Sept 30, 2016.
- Raytheon (NYSE:RTN) won a cost-plus-fixed-fee contract worth up to $33.7 million to design, fabricate, test, and deliver to the U.S. Air Force a space-flight ready instrument capable of conducting hypertemporal imaging from a geosynchronous earth orbit. Delivery is due January 2017.
- United Technologies (NYSE:UTX) was awarded a $10.2 million foreign military sales contract modification to begin acquiring long-lead components, parts, and materials necessary for the Low-Rate Initial Production of eight Lot VIII F135 Conventional Take-Off and Landing propulsion systems for F-35 fighter jets destined for the governments of Japan (six) and Israel (two). Delivery is due September 2016.
Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of L-3 Communications Holdings and Raytheon Company. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.