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Earnings News & Notes

Cal Biesecker By
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OSI Systems [OSIS] 2Q19                      2Q18 Sales                      $303.2M               $277.5M Net Inc.                 $19.1M, 1.03      ($47.0M, $2.47) Sales increased 9% to a record primarily due to a 10% increase at the Rapiscan Systems division, which achieved a record $188.7 million in revenue, and a double-digit gain at the Optoelectronics and Manufacturing segment. Rapiscan benefited from higher sales of cargo and vehicle inspection systems, Real Time Tomography (RTT)explosives detection systems, and related maintenance, which more than offset…

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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

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Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

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