Complex sentence: On 28 January 2005, the Department of Defense announced that it had selected the US101, and awarded the US101 team a US $1.7 billion contract for the VXX system development and demonstration (SDD) phase.
Split into simpler sentences: On 28 January 2005 the Department of Defense announced that it had selected the US101 for the VXX program. The US101 team was awarded a US $1.7 billion contract for the VXX system development and demonstration (SDD) phase.