Rockwell Collins Wins $64 Million in Pentagon Contracts

The Department of Defense awarded only six defense contracts in its Wednesday evening announcement of contract awards. The total value of contracts awarded was $292.8 million.

Private military contractors captured the bulk of the funds, with SRA International taking home a $96 million contract for work on the U.S. Navy's Integrated Personnel and Pay System, and AM General, maker of the ubiquitous military Humvee, winning a $90.5 million contract to recapitalize up to 760 Army National Guard High Mobility Multi-Wheeled Vehicles of the M1152A1B2 and M1165A1B3 configurations, upgrading them to the Army's current configuration.

As for publicly traded defense contractors, only one won government business Wednesday -- but it won two contracts. Rockwell Collins (NYSE: COL  ) won:

  • A firm-fixed-price contract to deliver to the U.S. Army an unspecified amount of power supply equipment. Extending over three years, through June 11, 2017, this contract is valued at up to $38.7 million.
  • Another firm-fixed-price contract to supply the Army with an unspecified number of digital data computers. Again, this contract will run over three years, also concluding on June 11, 2017. The maximum estimated value of the contract is $25.7 million.


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Rich Smith

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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8/28/2015 4:01 PM
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Rockwell Collins CAPS Rating: ***