The Department of Defense awarded only nine defense contracts in its Tuesday evening announcement of contract awards. The total value of contracts awarded was $426.4 million.

Among the publicly traded companies winning awards, two British oil and gas firms won contracts to supply the Defense Logistics Agency with fuel "blendstock" used for oxygenate blending with gasoline. BP (NYSE:BP) won a contract to supply DLA with up to $25.7 million worth of reformulated blendstock through Sept. 1. Royal Dutch Shell (NYSE:RDS-A) won a contract to supply DLA with up to $12.5 million worth of conventional blendstock, also through Sept. 1.

Separately, Jacobs Engineering (NYSE:JEC) was awarded an $18.2 million cost-plus-fixed-fee and cost-reimbursable contract modification to provide engineering and technology acquisition support services to the U.S. Air Force through April 30, 2015.

Meanwhile, the Bell-Boeing Joint Project Office, a joint venture between Textron (NYSE:TXT) and Boeing (NYSE:BA), was awarded a $14.6 million delivery order to perform research and engineering work on, and technical analysis of, new capabilities for their jointly produced V-22 Osprey tiltrotor aircraft. Work under this contract will continue through June 2019.

OPEC is absolutely terrified of this game-changer
Imagine a company that rents a very specific and valuable piece of machinery for $41,000 per hour. (That's almost as much as the average American makes in a year!) And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click here to uncover the name of this industry-leading stock for free, and join Buffett in his quest for a veritable landslide of profits!

Ospreys in flight. Photo: Wikimedia Commons.

Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Textron. 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.