L-3 Communications [LLL] this week introduced its financial guidance for 2008, saying its net earnings will grow faster than the company's organic sales. Earnings per share (EPS) in 2008 are expected to be between $6.41 and $6.55, representing about 10 percent growth over the company's expectations for 2007. Organic sales are expected to grow by about 3 percent next year, down from about 8 percent forecast for 2007. The guidance has upside if L-3 receives further extensions to its linguist…
Contract Updates
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
M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…
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…