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Wednesday, November 06, 2013

Pentagon Announces $14.18 Billion in Defense Contracts Tuesday

E-6B MercuryThe Department of Defense announced 11 new defense contracts on Tuesday. That may not sound like much, but thanks to two multibillion-dollar contracts among them, the total value of contracts awarded on the day could surpass $14.18 billion.

The biggest winner of the day was the Bechtel Group. The privately held construction and engineering firm won a "modification" adding $7.1 billion to the value of its contract to perform naval nuclear propulsion work at the Bettis & Knolls Atomic Power Laboratories. Nine other companies were named winners of slots under the Air Force's $6.9 billion NETCENTS-2 IT equipment contract.

As for the other firms winning defense contracts, they include:

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