American Science and Engineering [ASEI] 3Q11 3Q10 Sales $76.6M $54.9M Net Inc. $11.8M, 1.28 $5.8M, 0.64 Net income more than doubled on a 40% increase in sales and higher margins, which improved due to product mix and cost reductions. Sales increased in each of AS&E's product lines except parcel, which was relatively flat from a year ago. The company put out strong free cash flow, $15.8 million, and repurchased $8.1 million worth of its shares. The sales breakout by product…
Contract Updates
R&M Government Services (Las Cruces, New Mexico) – $23,894,784
R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…
L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947
L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…
Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…
Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794
Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…