Northrop Grumman [NOC] on Wednesday said its net income rose in the second quarter on pension adjustment as sales fell but the company’s overall performance was better than expected and it raised earnings expectations for the year. Net income increased 5 percent to $511 million, $2.37 earnings per share (EPS), from $488 million ($2.05 EPS) a year ago, beating Wall Street estimates by 15 cents per share. Free cash flow was $456 million. Northrop Grumman said the quarter benefited from…
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, 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, 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, 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…
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