Pentagon Awards $2.79 Billion in Defense Contracts

The Department of Defense awarded 13 defense contracts Tuesday, worth $2.79 billion in combined value. Among the companies winning contracts:

  • Granite Construction (NYSE: GVA  ) and five other, privately held companies were jointly awarded a construction contract to work on airfield paving and heavy-duty paving projects at various locations within the Naval Facilities Engineering Command Southwest Area Of Responsibility through perhaps April 2019. Initially for a one-year base term, this contract has four potential option years built into it, and a combined five-year estimated value of up to $99 million. Granite will compete with the other five companies to win task orders to perform work up to the maximum dollar value.
  • iRobot (NASDAQ: IRBT  ) was awarded a $59.2 million contract modification to supply Man Transportable Robotic Systems, plus spare parts, accessories, repair services, training, engineering enhancements, and configuration management, to the U.S. Navy's Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division. Delivery of these bomb disposal robots should be effected by April 2015.
  • Allison Transmission (NYSE: ALSN  ) was awarded a $51.4 million contract modification to supply the U.S. Army with 99 X1100-3B transmissions to be installed in M1A2 Abrams main battle tanks. Delivery is due Sept. 30, 2015.
  • AstraZeneca (NYSE: AZN  ) subsidiary MedImmune Biologics was awarded a contract modification worth up to $23.3 million to supply the U.S. Army, Navy, Air Force, and Marine Corps with intranasal influenza vaccine spray through June 26, 2015.
  • Boeing (NYSE: BA  ) subsidiary Insitu was awarded $10.2 million firm-fixed-price delivery order to perform work including initial fielding, logistics support, program planning, management support, field service support, data reporting, and hardware maintenance on Marine Corps RQ-21A "Blackjack" Unmanned Aircraft Systems through April 2015. 

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