26 May 2010

Quick Roundup of Large Contract Awards

Excerpts from a recent article about government contract awards.

Lockheed Martin (NYSE: LMT) was awarded a $325,485,969 contract which will provide for the development, integration and delivery of 35 mid-life upgrade kits for the Foreign Military Sales Pakistan Block 15 F-16A/B aircraft, and 18 retrofit kits for the Block 52 F-16C/D aircraft.

BAE Systems is being awarded a maximum $131,430,290 firm-fixed-price contract for modular lightweight load-carrying equipment items.

Raytheon (NYSE: RTN) is being awarded a $10,838,944 contract modification to increase the ceiling amount to previously awarded contract N00024-07-C-5454 for the rebaselining of the system design and development of the Block 2 upgrade to the Rolling Airframe Missile (RAM) guided missile weapon system.

General Dynamics (NYSE: GD) is being awarded a $9,831,278 firm-fixed-price, cost-plus-fixed-fee contract for the procurement of 30 M61A2 20mm lightweight gatling gun systems for the F/A-18E/F aircraft.

That's a lot of coin...

By: Brant

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