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Earnings News and Notes

Cal Biesecker By
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Earnings News and Notes
U.S. Customs and Border protection uses imaging equipment such as Rapiscan's Z Portal for inspecting trucks for contraband. Photo: OSI Systems

OSI Systems [OSIS] 2Q22                   2Q21 Sales                    $276.7M             $276M Net Inc.               $19.8M, $1.09   $20M, $1.10 Sales barely edged higher as an increase in the Optoelectronics segment and a scant gain in the Security segment was partially offset by a decline in Healthcare. Security revenue in the quarter was $145.9 million versus $145.2 million a year ago. Net income dipped slightly as declines at Security--$18.2 million versus $19.8 million—and Healthcare more than offset an increase at Optoelectronics. The COVID-19 pandemic continues to…

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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…

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