The Department of Defense issued five contracts worth $320.9 million in aggregate Friday. The bulk of the monies awarded went to General Dynamics, to pay for construction work on the third (and possibly final) Zumwalt-class destroyer, the USS Lyndon B. Johnson. But there were a few other contracts worth noting. For instance:
- General Electric (NYSE:GE) won a $24.5 million contract "modification," extending the length of its contract to provide support for unspecified GE aircraft engine lines by eight-and-a-half months, through March 31, 2014.
- Samsung Electronics (NASDAQOTH:SSNLF) subsidiary NeuroLogica Corp was awarded $12 million to exercise the third of seven one-year "options" on an underlying contract to supply the Defense Logistics Agency with radiology systems, subsystems, and components. This contract will now run through (at least) August 4, 2014).
- Finally -- and most curiously -- the U.S. Air Force has contracted with the Royal Jordanian Air Academy in Amman, Jordan, to provide English language and technical training to Iraqi Air Force students. Training will run through August 8, 2014, and the Jordanians will be paid $27.4 million for their services.