Contract Awards

L3 Wins Potential $500M USAF Contract to Update C-130H Transport Aircraft Avionics

L3 Technologies (NYSE: LLL) has won a potential $499.6M contract to update the avionics system of C-130H airlifters operated by Air National Guard and Air Force Reserve Command. USAF received six offers for the fixed-price-incentive-firm contract covering production, training and logistics support work on 176 C-130Hs, the Department of Defense said Tuesday.

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Emergent Lands $535M HHS Smallpox Preparedness Support Contract

Emergent BioSolutions (NYSE: EBS) has received a potential 10-year, $535M contract to supply the Department of Health and Human Services with intravenous medications designed to treat patients experiencing adverse events following smallpox vaccination. The company said Monday it will provide Vaccinia Immune Globulin Intravenous products that HHS intends to include in the U.S. Strategic National Stockpile as part of public health preparedness efforts.

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