According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a modification to decrease contract N00024-07-C-6119, CLIN 0004, by $72, 306, 105 from $229, 900, 477 to a new total value of $157, 594, 372. The modification is to reduce the quantity of Standard Missile-3 Block IA missiles manufactured from 24 to 18. The remaining work will be performed in Tucson, Ariz. The performance period is from March 2011 through April 2012. The Missile Defense Agency is the contracting activity.”
Leonardo DRS has been awarded a five-year, $250M contract to replace the U.S. Army's satellite communications terminals designed for tactical users. The contractor will help the Army replace the terminals that are set for decommissioning in fiscal year 2025, the Department of Defense said Wednesday.
Leidos (NYSE: LDOS) has received a potential five-year, $960M blanket purchase agreement to develop software to support the Customs and Border Protection’s traveler vetting procedures.