The company won a multi-million-dollar 'contract' to build a new courthouse. = The company was awarded a multi-million-dollar 'contract' to build a new courthouse.
The company 'contracted out' its manufacturing jobs. [=the company paid another company to do its manufacturing jobs instead of doing them itself]
If he breaks the 'contract' [=if he does not abide by the agreement], he will get sued.
(..) Up ahead was Pandora. You grew up hearing about it, but I never figured I'd be going there. Your brother represented a significant investment. We'd like to talk to you about taking over his contract. And since your genome is identical to his, you could step into his shoes, so to speak. Very good. (..)2009 Avatar