The Department of Defense issued $312.5 million worth of new contract awards Monday. Notable winners included subsidiaries of two major defense contractors, FLIR Systems (NASDAQ:FLIR) and General Dynamics (NYSE:GD).
FLIR subsidiary Agentase LLC won a $12.1 million contract to perform research into a Dynamically Responsive Chemical/Biological Agent Defense System for the U.S. Defense Threat Reduction Agency. Its work is expected to be complete by April 2018.
Meanwhile, two General Dynamics subsidiaries won contracts:
- GD's Bath Iron Works shipbuilding unit was awarded $12.6 million as an option extension for work on Littoral Combat Ship (LCS) Class Design Services. The company will provide necessary engineering, program, and technical support for LCS Class ships, and specifically for the planned LCS 6 and subsequent vessels. Its work should be complete by June 2014.
- GD subsidiary American Overseas Marine Corp. was awarded a similar $14.5 million option on a pre-existing contract. This one extended by one year (to April 2014) AOMC's responsibility for operating and maintaining seven large, medium-speed, roll-on/roll-off transport ships for the U.S. Military Sealift Command.
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