Leidos [LDOS] on Tuesday reported a slight increase in earnings in its third quarter led by its Health and Civil segment while sales growth was solid. Net income edged up 2 percent to $369 million, $2.82 earnings per share (EPS), from $362 million ($2.68 EPS) a year ago. Operating margin fell 30 basis points to 8.3 percent. Excluding acquisition and restructuring costs, asset impairment costs, interest and income expenses and other discrete items, adjusted earnings of $3.05 per share surged…
SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…
Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…
JRC Integrated Systems LLC, Washington, D.C., is being awarded a $10,708,589 cost-plus-fixed-fee term contract (including option years) (N0003026C3031) for Trident II D5 Strategic Weapon System programs and Dreadnought programs. Tasks to be performed include operator and operational knowledge and expertise…
Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…
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