With the government shutdown over, the nation's defense contracting machine sputtered back to life Thursday as the Department of Defense awarded a total of four new defense contracts worth $154.1 million in total value. Without further ado, the winners:
- Privately held DynCorp International: won a $72.3 million foreign military sales contract modification to provide "mentoring and training services" to the Afghanistan National Army.
- Privately held General Atomics: won a $52 million "order" issued under a previously issued Basic Ordering Agreement to supply Advanced Arresting Gear equipment to be used for troubleshooting landing gear that will eventually be installed on the new Navy aircraft carrier USS Gerald R. Ford (CVN-78). Delivery is due October 2016.
- Raytheon : won a $17.3 million foreign military sales contract modification to repair and return to sender certain PATRIOT missile parts to governmental customers in Israel, Japan, Korea, Kuwait, the Netherlands, Saudi Arabia, Taiwan, and the United Arab Emirates.
- And BAE Systems : its San Francisco Ship Repair unit won a $12.5 million firm-fixed-price contract to perform 59 calendar days' worth of repair and upgrade work on dry cargo/ammunition ship USNS Amelia Earhart (T-AKE 6). This contract contains options to extend its duration, which, if exercised, could increase the contract's value to $14.5 million and extend its duration past the anticipated February 2014 completion date.
The article Pentagon Resumes Awarding Defense Contracts Thursday originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon. 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.
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