Top 5 Defense Contracts from March 13

Better sit down for this one, folks. Raytheon and Leidos are making Army blimps great again -- for $4.2 billion.

Author

Rich Smith
March 13, 2025

Today’s top 5

Advanced Technology Systems Co.; Elevated Technologies LLC; Leidos; Mission Solutions Group Inc.; QinetiQ; Raytheon; Skyship Services Inc.; TCOM; Thunderbolt; Tyonek Technical Services
Stock Tickers: LDOS, RTX 
Contract Amount: $4,193,327,540
Contracting Branch: Army
Project: Production of lighter than air systems, tethered systems, and elevated sensors (which all sounds a lot like JLENS).
Delivery Due Date: March 12, 2035

Lockheed Martin Missiles and Fire Control
Stock Ticker: LMT
Contract Amount: $1,925,877,406
Contracting Branch: Air Force Project:
JASSM Production Lot 23, LRASM Production Lot Nine, and economic order quantity for JASSM Lot 24 and LRASM Lot 10
Delivery Due Date: July 31, 2029

BAE Systems Land and Armaments L.P.
Stock Ticker: BAESY
Contract Amount: $356,672,832
Contracting Branch: Army
Project: Armored Multi-Purpose Vehicles
Delivery Due Date: May 31, 2028

Northrop Grumman Systems Corp.
Stock Ticker: NOC
Contract Amount: $267,165,000
Contracting Branch: Navy
Project: Production and delivery of Navy MQ-4C Triton unmanned air systems
Delivery Due Date: October 2028

Robotic Research Opco LLC-Forterra
Contract Amount: $92,851,555
Contracting Branch: Army
Project: Sandhills robotic breaching systems
Delivery Due Date: March 12, 2025