Tag Archives: Science Applications International

Pentagon Issues Navy Contract Worth Up to $900 Million

By Rich Smith, The Motley Fool

Filed under:

On Wednesday, the Department of Defense awarded a series of indefinite-delivery/indefinite-quantity contracts to 15 separate companies, giving each the right to compete for future task orders valued at $180 million initially.

The awards have been issued to the following companies, which will compete on a case-by-case basis as task orders are issued: 

  • Booz Allen Hamilton Engineering Services and Booz Allen Hamilton, — both subsidiaries of McLean, Va.-based Booz Allen Hamilton Holding Corporation
  • CACI
  • Computer Sciences Corp. 
  • Engility Corp. 
  • Honeywell 
  • Lockheed Martin (NYSE: LMT)
  • ManTech
  • Science Applications International
  • Britain’s Qinetiq North America
  • Privately held Centurum Information Technology, Glotech, M.C. Dean, Scientific Research Corp, Sotera Defense Solutions.

These contracts provide for the procurement of “Decision Superiority support services” to the Navy’s Space and Naval Warfare Systems Center Atlantic, which services will encompass an “entire spectrum of non-inherently governmental services and solutions.”

The contracts contain provisions for extending them in four, successive, one-year “option year” increments. If all options are exercised, the contracts could ultimately reach $899.8 million in total value, and could run through March 2018.

The article Pentagon Issues Navy Contract Worth Up to $900 Million originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin and ManTech International. 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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Pentagon Spends $75.7 Million on Miscellaneous Projects

By Rich Smith, The Motley Fool

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The Department of Defense announced a series of small (in defense contracting terms) contract awards to multiple publicly traded companies Monday. Among them were the following:

  • The smallest award went to L-3 Communications‘ Fuzing and Ordnance Systems unit, which was awarded $7.5 million to procure M734A1 fuzes, used to detonate mortar rounds upon collision or upon reaching a certain proximity to target. The completion date on this contract is Feb. 28, 2015.
  • Atmos Energy Marketing, a subsidiary of Atmos Energy , won a fixed-price with economic-price-adjustment contract worth up to $30.8 million to supply natural gas to Army, Navy, Air Force, and federal civilian agencies located in Texas through April 30, 2015.
  • Science Applications International won a pair of contracts. The larger one, worth at least $9.5 million, is a cost-plus-fixed-fee contract to perform research and development work on “configurable technology” for anti-submarine warfare surveillance in deep ocean areas. The 15-month contract has an optional six-month extension attached to it, which, if exercised, would raise the contract value to $10.1 million and extend performance through Dec. 17, 2014.
  • SAIC‘s other contract, worth $8.6 million, is another cost-plus-fixed-fee contract. This one requisitions unspecified “information technology support services” from the company. Its estimated completion date is March 15, 2014.
  • Finally, General Dynamics‘ National Steel and Shipbuilding division won an $18.7 million modification to a previously awarded contract to conduct post-shakedown work on the newly built landing platform/dock USS Anchorage (LPD 23). The Anchorage, which was built by Huntington Ingalls and christened in May 2011, is due to be commissioned in May.  General Dynamics should complete its work on her by December 2014.

The article Pentagon Spends $75.7 Million on Miscellaneous Projects originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of General Dynamics, Huntington Ingalls Industries, and L-3 Communications Holdings. 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.

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

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Pentagon Awards $45.5 Million in Miscellaneous Defense Contracts

By Rich Smith, The Motley Fool

Filed under:

On Friday, the Department of Defense announced a number of smallish (in defense industry terms) contracts awarded to several publicly traded companies.

  • The largest award went to gas and electric utility Integrys Energy , which won a fixed-price with economic-price-adjustment contract for the direct supply of a maximum of $14.9 million worth of “pipeline quality natural gas” to Army, Navy, Marine Corps, Coast Guard, and federal civilian agency customers in the northeast region. This contract runs through March 31, 2015.
  • L-3 Communications was awarded a $12.4 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to supply spare parts for AN/PVS-15, AN/PVS-18, and AN/PVS-31 model night vision goggles. This contract funds delivery of goggles as ordered through March 2018.
  • The Air Force awarded privately held Sierra Nevada Corp. a $10.1 million cost-plus-fixed-fee contract for work on operational systems for “the functional development model.” The contract notification contains no more details than this. It is unclear whether the contract has anything to do with the disputed Sierra Nevada/Embraer contract to supply the Air Force with Super Tucano fighter planes for use by the Afghan Air Force.
  • Last, smallest, and most mysterious, Science Applications International won an $8.1 million cost-plus-fixed-fee contract to perform work for the Defense Advanced Research Projects Agency. What kind of work remains a mystery, however, because as the DOD contract specifies: “this effort is classified.”

The article Pentagon Awards $45.5 Million in Miscellaneous Defense Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Embraer and owns shares of L-3 Communications Holdings. 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.

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

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