By Calvin Biesecker Cross Match Technologies yesterday said it has decided to go forward with an Initial Public Offering (IPO) of common stock two months after the biometric technology company postponed plans for a stock offering amid turmoil in the financial markets. Now the company says the markets are calm and yesterday it amended its original IPO filing with the Securities and Exchange Commission to take the company public. Cross Match originally filed with SEC to go public in May…
Contract Updates
Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000
Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…
M1 Support Services LP (Denton, Texas) – $68,822,271
M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…
Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144
Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…
Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598
Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches. This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…