According to the Department of Defense, “Siemens Medical Solutions was issued a modification exercising the second option year on current contract SPM2D1-09-D-8314/P00037. Award is a fixed-price with economic price adjustment type with a maximum $267, 000, 000 providing the radiology systems equipment. There are no other locations of performance. Using services are Army, Navy, Air Force, Marine Corps and federal civilian agencies. The date of performance completion is March 31, 2012. The Defense Logistics Agency Troop Support, Philadelphia, Pa., is the contracting activity.”
A partnership between Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has landed a potential four-year, $185.6M contract to manufacture man-portable anti-tank weapon systems for the U.S. Army, Navy and Marine Corps.