Pentagon Awards $731 Million in Defense Contracts

KBR, URS, Hologic, and TransDigm all win awards.

Jun 20, 2014 at 9:26AM

The Department of Defense awarded 14 defense contracts in its Thursday evening announcement of contract awards, with a total value of $731.2 million. Among the publicly traded companies winning contracts:

  • KBR (NYSE:KBR) was awarded a $56.6 million contract modification exercising option year one on a support-services contract to run public safety (security operations, emergency management, and fire/emergency services), ordnance, supply, laundry, food services, housing, facility support, and other operations at the U.S. Navy's base at Camp Lemonnier, Djibouti, through June 2015.
  • Hologic (NASDAQ:HOLX) won a contract to supply the U.S. Army, Navy, Air Force, and Marine Corps with up to $32 million worth of ThinPrep pap test kits and related supplies through Sept. 30, 2019.
  • URS Corporation (NYSE:URS) was awarded a $10.8 million task order to perform recapitalization on a seawater reverse osmosis treatment plant at Naval Station Guantanamo Bay. URS will replace four of the six existing reverse osmosis process units at the Windward Desalination Plant, the primary water source for Naval Station Guantanamo Bay. This work should be completed by July 2016.
  • Airborne Systems North America of California, which, according to S&P Capital IQ, is a subsidiary of TransDigm Group (NYSE:TDG), won an $8.1 million foreign military sales contract to supply 37 T-11 personnel parachute systems, eight T-11 spare parts packages, 825 MC-6 personnel parachute systems, and eight MC-6 spare-parts packages to customers in India, Jordan, Moldova, and Romania. Multiple orders are expected to be placed and delivered through June 16, 2016.

Discover a top stock pick for 2014
Every year, The Motley Fool's chief investment officer handpicks one stock with outstanding potential. Just click here to download your free copy of "The Motley Fool's Top Stock for 2014" today.

Rich Smith has no position in any stocks mentioned. The Motley Fool recommends TransDigm Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.


Compare Brokers