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Earnings News & Notes

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OSI Systems [OSIS]                                     2Q13               2Q12               Sales                            $194M             $188M Net Inc.                       $12.4M, 0.60   $12.3M, 0.61 Net income edged up less than a percent on a 3% increase in sales, which were a new quarterly record, but the results were hindered by a $2.7 million (0.10 EPS) charge related to the recent termination by the Transportation Security Administration (TSA) of the company’s contract to develop automated threat recognition software for its body imagers that the agency has already deployed at…

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Contract Updates

ICF Mercantile LLC (Warren, New Jersey) – $150,000,000

ICF Mercantile LLC,* Warren, New Jersey, has been awarded a maximum $150,000,000 firm-fixed-price delivery order (SP8000-26-F-0008) issued against an indefinite-delivery/indefinite-quantity contract (SP8000-26-D-0005) for aerospace grade rayon fiber. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as…

Lockheed Martin Corp. (Orlando, Florida) – $328,500,000

Lockheed Martin Corp., Orlando, Florida, was awarded a ceiling of $328,500,000 undefinitized contract action issued as a letter contract for Department of Defense and Foreign Military Sales (FMS) Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting Infrared…

Zapata Black & Veatch JV LLC (Charlotte, North Carolina) – $29,000,000

Zapata Black & Veatch JV LLC, Charlotte, North Carolina, was awarded a $29,000,000 firm-fixed-price contract for planning, design, construction, and operation services. Bids were solicited via the internet with six received. Work locations and funding will be determined with each…

Burns & McDonnell Engineering Co. Inc. (Kansas City, Missouri) – $49,000,000

Burns & McDonnell Engineering Co. Inc., Kansas City, Missouri, was awarded a $49,000,000 firm-fixed-price contract for planning, design, construction, and operation services. Bids were solicited via the internet with four received. Work locations and funding will be determined with each…

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