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Pentagon Awards $492 Million in Defense Contracts Friday

By Rich Smith – Feb 1, 2014 at 5:45AM

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General Dynamics, Harris, and Booz Allen all win contracts.

The Department of Defense awarded 18 defense contracts Friday, worth $491.7 million in total. Among the publicly traded companies winning contracts:

  • General Dynamics (GD 0.47%) won a $72.7 million firm-fixed-price contract to supply the U.S. Army with 12 M1A2 System Enhanced Package v2 main battle tanks. Delivery is expected by Dec. 31, 2015.
  • Booz Allen Hamilton (BAH 0.31%) won a $16.1 million cost-plus-fixed fee contract to develop, implement, and deploy an integrated personnel and pay system for the U.S. Army by Jan. 31, 2015.
  • Harris (LHX 0.65%) was awarded a contract modification worth $13.7 million in payment for exercising an option to have Harris continue providing uninterrupted contractor logistic support for the Space and Missile Systems Center's Space Superiority Operational Offensive Counterspace and Defensive Counterspace ground-based systems, through Jan. 31, 2015.

Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of General Dynamics. 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.

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Stocks Mentioned

L3Harris Technologies Stock Quote
L3Harris Technologies
LHX
$227.08 (0.65%) $1.47
Booz Allen Hamilton Stock Quote
Booz Allen Hamilton
BAH
$106.40 (0.31%) $0.33
General Dynamics Stock Quote
General Dynamics
GD
$252.39 (0.47%) $1.17

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