The Department of Defense awarded 13 defense contracts Friday, worth a total of up to $590.4 million. Among the defense companies winning contracts:
- Engility (NYSE:EGL) won a $40 million indefinite-delivery/indefinite-quantity, partial-foreign military sales contract to perform electronic warfare (EW) weapons systems modifications on U.S. Navy and Australian EA-6B Prowler, EA-18G Growler, E-2C Hawkeye, and P-8A Poseidon aircraft, MH-60R Seahawk helicopters, and Broad Area Maritime Surveillance (BAMS) and other unmanned aerial vehicle drones. Modifications will also be made to flight simulators, training systems, and other advanced electronics. All work under this contract should be completed by February 2019.
- Lockheed Martin (NYSE:LMT) was awarded a $23.6 million contract modification to perform maintenance work on U.S. Navy littoral combat ships through September 2014.
- Britain's BAE Systems (OTC:BAES.Y) (LSE: BA) was awarded a $19.2 million option exercise to supply hardware for, and perform engineering work on, U.S. Navy Advanced Gun Systems. BAE will provide mounts for magazine upper pallet hoists, gun cooling assemblies, and centerline hoists, and will perform engineering work thereon. Work on this contract will be completed by January 2018.