Tag Archives: Science Applications International Corp

Pentagon Doles Out $42.1 Million in Navy Contracts

By Rich Smith, The Motley Fool

Filed under:

The Department of Defense announced a series of new defense contracts benefiting the U.S. Navy on Wednesday, with publicly traded companies reaping more than $42 million in awards, including:

  • Raytheon was awarded a $14.9 million firm-fixed-price delivery order against a previously issued basic ordering agreement. Raytheon will supply 103 Pod Adapter Units and 103 NavFLIR Surrogates for use in attaching Advanced Targeting Forward Looking Infrared (FLIR) pods to Navy F/A-18 E/F fighter jets. The work should be completed by November 2015. 
  • Science Applications International Corp. won a $12.7 million modification to a previously awarded firm-fixed-price contract to do IT work in support of the Marine Corps Enterprise Information Technology Services (MCEITS) Operations Capability and Enterprise IT Center Operational Support Services (MOC/EITC) and Systems Integration Environment. This contract runs through March 27, 2017.
  • British contractor BAE Systems was awarded $8 million under a Foreign Military Sales contract to procure and repair Common (Identification Friend or Foe) Digital Transponder (CXP) hardware for the governments of Saudi Arabia, Thailand, South Korea, and Denmark, and also for the U.S. Army and Navy. Completion date: August 2015.
  • CACI won $6.5 million in a six-month option extension of a contract to provide “worldwide logistics services in support of Military Sealift Command fleet operations and readiness” through October 2013.

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The article Pentagon Doles Out $42.1 Million in Navy Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon Company. 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.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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SAIC, Textron Among Those Getting Pentagon Contracts

By Rich Smith, The Motley Fool

Filed under:

Over the past two in-sequester days, the Pentagon has awarded a total of 42 separate contracts to various contractors, worth well over $4 billion in aggregate. Among them:

  • Privately held Marine Hydraulics International won a $7 million contract modification, under which the company will perform maintenance, alterations, and modernizations on the guided missile destroyer USS Cole. Work on the ship should be completed by June 2013.
  • Science Applications International Corp. was awarded a $21.2 million firm-fixed-price contract to perform “preventive and corrective maintenance” on software and equipment used by the Anti-Terrorism Force Protection Ashore Program Systems at 66 military installations worldwide. Initial work on the project should be complete by March of next year, but the contract contains the possibility of up to five one-year options for extension which, if exercised, would increase the contract’s value to $74.4 million in aggregate.
  • Alliant Techsystems won a $9.2 million firm-fixed-price contract modification for the company to upgrade the TS-04 control units on its Spider munitions to the TS-09 version. This contract will be complete by Jan. 31, 2014.
  • Computer Sciences Corp subsidiary DynCorp International will be paid $14.2 million on a cost-plus-award-fee incrementally funded contract to extend logistics support services to the U.S. Army’s Directorate of Logistics through Sept. 30, 2013.
  • Textron‘s Marine & Land Systems unit scored a huge win — a $113.4 million firm-fixed-price contract to supply Mobile Strike Force vehicles to the Afghan National Security Forces. Completion date: Feb. 28, 2014.

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The article SAIC, Textron Among Those Getting Pentagon Contracts originally appeared on Fool.com.

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

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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