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Earnings News & Notes

Cal Biesecker By
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OSI Systems [OSIS]                                    1Q17               1Q16Sales                            $220.9M          $200.1Net Inc.                       $677K, 0.53    $22.4M, 0.03Net income dove precipitously on a swing to a loss in the Healthcare division and various restructuring and impairment charges while sales increased 10% to a record on a jump in revenue at the Rapiscan Systems security segment. Sales at Rapiscan rose 28% to a record $123.7 million with half of the gain organic and the other half related to the acquisition of American Science & Engineering in early…

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Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

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Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

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