After a long holiday weekend, the Department of Defense finally got back to work Wednesday, awarding 19 separate defense contracts worth $449.3 million in combined value. Among the publicly traded companies winning contracts:
- Lockheed Martin (NYSE:LMT) was awarded a $33 million contract modification to continue providing essential, highly specialized services to the U.S. Missile Defense Agency in support of Ballistic Missile Defense System flight tests through Dec. 31.
- Bell Helicopter Textron (NYSE:TXT) was awarded $13.5 million cost-plus-fixed-fee delivery order to repair/overhaul five unspecified "high priority items" on U.S. Marine Corps UH-1Y Venom utility helicopters and AH-1Z Viper attack helicopters by January 2017.
- Elbit Systems (NASDAQ:ESLT) subsidiary EFW was awarded an $11.7 million option exercise instructing it to supply nine helmet display tracker system, or HDTS, kits and 29 Helmet kits for use aboard Marine Corps AH-1W Super Cobra helicopters, and to install 54 of these HDTS systems. Work on this contract should be completed in December.
- Airbus' (OTC:EADSY) EADS-NA subsidiary was awarded a $9.4 million contract modification to support logistics related to U.S. Army UH-72 Lakota utility helicopters through Dec. 31.