The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic.
DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business, W International, Weber Metals and American Woolen.
Austal USA will maintain and expand domestic shipbuilding and maintenance capacity under a $50M agreement with the Pentagon.
GE Aviation received a $55M investment from DoD to sustain the production of engine components used on F-16 and U-2 aircraft and retain more than 225 jobs.
W International will help strengthen the shipbuilding industrial base and protect jobs under a $55M contract with the department.
Weber Metals secured a $25M agreement from DoD to retain employees and sustain manufacturing capacity for die forging used in various weapon systems.
American Woolen will help the Pentagon sustain the production of poly/wool blend fabric used in Army uniforms under a $2M contract.
