The U.S. Department of Defense awarded three small (in defense contracting terms) contracts to government contractor Northrop Grumman (NYSE:NOC) on Friday, worth about $32 million combined. In descending order of size, they were:
- $12 million: exercising an option to have Northrop Grumman Technical Services do unspecified work on Air Force LGM-30 Minuteman III intercontinental ballistic missiles at Hill Air Force Base in Utah through Sept. 29, 2014.
- $10.9 million: in the form of a new firm-fixed-price, indefinite-delivery/indefinite-quantity contract to assemble, integrate, and install EA-18G systems emulation laboratory systems, electronic attack unit/communication countermeasures sets/ALQ-99 integration test systems, electronic attack unit/ALQ-99 integration test systems, and also ALQ-218(V)2 integration test systems in a small number of EA-18G Growler airborne electronic warfare aircraft. This contract should be complete by January 2017.
- $9.2 million: as a modification to a foreign military sales contract to perform services -- apparently related to improving counterbattery fire capabilities -- at Forward Operating Base 101 in Afghanistan.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Northrop Grumman. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.