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Report: October Pentagon Contracts Hit $17B

PentagonThe Defense Department awarded more than 180 contracts in October with a combined value of more than $17 billion, DoD Buzz reported Tuesday.

Brendan McGarry writes that figure represents less than a third of the total value of contracts the Pentagon announced in September.

Raytheon won the month’s largest award, a potential $1.6 billion contract to develop missile defense radar systems for the U.S. Navy’s Arleigh Burke-class destroyers in 2016.

That company won $2.5 billion in defense contracts during September, the largest portion of any company, McGarry reports.

Septembers second-largest award went to Lockheed Martin and Boeing’s joint venture United Launch Services LLC, which won $939 million to help the U.S. Air Force launch Atlas and Delta rockets that carry military and spy satellites, according to the report.

Fifteen companies will share up to $900 million under the month’s third-largest contract, which covers information technology tools and services for the Navy.

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