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Earnings News & Notes

Cal Biesecker By
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American Science and Engineering [ASEI]                                    4Q16               4Q15               FY ’16             FY ‘15Sales                            $24.2M            $31.2M            $103M             $126.8MNet Inc.                       ($2.7M, 0.38)  $877K, 0.12    ($3.2M, 0.45)  $979K, 0.13Sales in the quarter fell 22% on declines in cargo and mobile cargo inspection systems, and in service revenues, which were partially offset by increases in parcel and personnel inspection systems. The company swung to a loss on a $1.3 million charge related to cost cutting actions, and for charges to write-off inventory for a project with…

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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

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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…

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