The Department of Defense issued a grand total of five contracts on Friday, three of which concerned securing "food and beverage" services for the troops. Of the remaining two contracts, both went to foreign contractors:
Britain's BAE Systems (NASDAQOTH:BAESY) won a $110.8 million undefinitized contract modification to perform work on the landing helicopter dock USS Wasp (LHD 1) while it is in drydock from 2013 through May 2014.
A subsidiary of Germany's Fresenius SE & Co. was awarded a $67.8 million first-year option exercise (out of seven option years that may be exercised) for supplying "various" pharmaceutical products to the U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies. Fresenius's contract runs through July 29, 2014.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.