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Earnings News & Notes

Cal Biesecker By
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Implant Sciences [IMSC] 4Q14               4Q13               FY14               FY15               Sales                            $1.5M              $2.4M              $8.63M            $12M Net Inc.                       ($5.7M, 0.09)  ($5.5M, 0.10)($21M, 0.35)     ($27.4M, 0.56) Losses in the quarter widened on lower sales, higher operating expenses and increased interest expense, partially offset by a $1.3 million decrease in stock-based compensation expense. Sales fell 36% due to a 40% decline in sales of the QS-B220 desktop explosives trace detector (ETD) and a 21% decline in the number of QS-H150 handheld ETD units sold.…

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Contract Updates

Southeastern Kentucky Rehabilitation Industries (Corbin, Kentucky) – $14,312,903

Southeastern Kentucky Rehabilitation Industries,** Corbin, Kentucky, has been awarded a maximum $14,312,903 modification (P00008) to a five-year contract (SPE1C1-24-D-N017) with no option periods adding various boonie covers via conversion. This is a firm-fixed-price, indefinite-quantity contract. The ordering period end date…

Teradyne Inc. (North Reading, Massachusetts) – $16,723,189

Teradyne Inc., North Reading, Massachusetts, has been awarded a maximum $16,723,189 firm-fixed-price contract for circuit card assemblies. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a one-year…

Ham Produce and Seafood Inc. (Honolulu, Hawaii) – $26,250,000

Ham Produce and Seafood Inc.,* Honolulu, Hawaii, has been awarded a maximum $26,250,000 fixed-price with economic-price-adjustment, indefinite-delivery contract for fresh fruits and vegetables. This was a competitive acquisition with three responses received. This is a five-year contract with no option…

Longbow LLC (Orlando, Florida) – $11,203,243

Longbow LLC, Orlando, Florida, was awarded an $11,203,243 modification (P00017) to contract W58RGZ-22-C-0053 for sustainment of the Apache AH-64D/E Model Fire Control Radar, including depot-level and supply support elements and program management functions. The modification brings the total cumulative face…

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