The Department of Defense issued 19 new contracts on Thursday worth a combined $911.7 million. Of these, the largest contract went to privately held Nomad Global Communication Solutions -- a $382.5 million contract to purchase commercial fire and emergency vehicles. No publicly traded companies won anything quite as lucrative, but they weren't left totally out in the cold, either:
- Government contractor CACI (NYSE:CACI) won a $74.8 million contract modification to provide medical logistics and "non-personal services support" to the U.S. Air Force's Expeditionary/Contingency Medical Material program at locations within the continental United States.
- Rolls-Royce Corp (NASDAQOTH:RYCEY) won a $48.9 million firm-fixed price contract to activate depots for AE3007H aircraft turbofan engines. Rolls has an expected completion date of 2015 on this contract.
- Lockheed Martin (NYSE:LMT) was awarded a $42.4 million contract modification to begin collecting "non-recurring engineering" and long-lead materials needed to build satellites Nos. 5 and 6 for the space-based infrared systems (SBIRS) missile warning program. This contract runs through June 19, 2016.
- SAIC (NYSE:SAI) won a $35.8 million cost-plus-incentive-fee contract to perform software engineering, hardware, integration, technical support, and training for the Integrated Strategic Planning and Analysis Network through Sept. 30, 2018.
- And finally, Air Methods (NASDAQ:AIRM) won a $9.3 million firm-fixed-price, non-option-eligible, non-multiyear contract to supply the U.S. Army with 61 Interim Medical Evacuation Mission Support System kits.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Air Methods and owns shares of Lockheed Martin. 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.
More from The Motley Fool
IBM Struggled With the Tax Man in the 4th Quarter
A long-awaited return to actual sales growth was overshadowed by a $5.5 billion one-time tax charge.
1 Big Improvement That Apple Needs to Bring to the New iPhone SE
It's time for a new display.
Sears Holdings' Store Closures: No Problem for Seritage Growth Properties
Seritage Growth Properties gets most of its rent from Sears and Kmart. But the numerous store closures at both chains won't hurt Seritage as it works to increase its rental income and diversify its tenant base.