Multiple Instrument Companies Receive Pentagon Orders

A few days ago, the US Department of Defense once again announced six new contracts signed by the Navy. According to incomplete statistics, the total value of these contracts was as high as 132 million U.S. dollars. Among them, AMETEK (NYSE:AME), the world's leading manufacturer of electronic instruments and electric motors, obtained a fixed-price contract with a value of approximately US$13.1 million for five years, mainly providing filling devices in sonar systems.

Previously on August 1, the US Department of Defense announced a defense contract with a total value of 1.499 billion U.S. dollars, of which Bruker Detection won a fixed-price padding option contract valued at 37.9 million U.S. dollars. Under the contract, Bruker will provide the US military with an improved chemical spot detection system and a car kit. At the same time, ITT Excis, defense and information company ITT Corp.’s split company, was the biggest winner, receiving US$463.2 million worth of cost plus bonuses and years of padding options. Under the contract, ITT Exelis will provide operational and security support services to the U.S. troops stationed in Kuwait’s base.

At the end of April this year, Thermo Fisher Scientific's subsidiary TFS won a huge procurement contract for equipment and equipment from the US Department of Defense. Under the agreement, Thermo Fisher Scientific will serve as a distributor for laboratory supplies and tools for the U.S. Army, Navy, Air Force, Marine Corps, and federal private institutions that use laboratory electronic catalogs. According to this, Thermo Fisher Scientific can obtain a maximum of 233.6 million US dollars.