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ATK, Booz Allen, General Dynamics and Leidos to Split $300 Million Defense Contract

The Department of Defense awarded 11 defense contracts in its Wednesday evening announcement of contract awards. The total value of contracts awarded was $447.2 million.

The day's biggest award, accounting for two-thirds of the funds on offer, was split among several recipients. The $300 million contract to supply materials and services to meet the Armament, Research, Development, and Engineering Center's mission requirements through July 9, 2019, was awarded to:

  • Alliant Techsystems (NYSE: ATK  )
  • Booz Allen Hamilton (NYSE: BAH  )
  • General Dynamics (NYSE: GD  )
  • Leidos (NYSE: LDOS  )
  • Privately held Concurrent Technologies
  • The Battelle Memorial Institute

Separately, the Pentagon awarded contracts to:

  • BAE Systems (NASDAQOTH: BAESY  ) : a $15.9 million contract modification to perform maintenance work and upgrades on the guided-missile destroyer USS Decatur (DDG 73) while it's in dry dock in San Diego through February 2015.
  • Boeing (NYSE: BA  ) : a $10.1 million contract modification extending through July 9, 2016, the period during which the U.S. Air Force may order repairs on 23 B-1B Aircraft Secondary Structural Components.
  • Kaman (NYSE: KAMN  ) : an $8.5 million contract modification to supply 3,069 state-of-the-art fuze systems to the U.S. Air Force, and also to the governments of Morocco and Singapore by September 2016.
  • Lockheed Martin (NYSE: LMT  ) : an $8.1 million contract modification funding repair work under the C-5 Reliability Enhancement and Re-Engining Program, to be completed by Sept. 15, 2015.

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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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