Sign In
Search
Business/Financial

Orbital Posts Strong Third Quarter Financial Results

Cal Biesecker By
SHARE:
Orbital Posts Strong Third Quarter Financial Results
Orbital Sciences' Antares launch vehicle. Photo: Orbital Sciences

Orbital Sciences Corp. [ORB] on Thursday reported strong third quarter financial results, led by solid operating performance, and the company increased its earnings outlook for the year. Net income jumped 36 percent to $21.2 million, 35 cents earnings per share (EPS), from $15.6 million (26 cents EPS),  beating consensus estimates by 7 cents. The gain in earnings was aided by a significant increase in research and development expenses, $7.5 million versus $23.1 million a year ago, due to completion of…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Pentagon

Trump Admin Releases National Defense Strategy With Homeland Defense As Top Priority

Navy/USMC

Leonardo DRS Opens New Naval Power And Propulsion Facility

Army

Appropriators Don’t Grant Army’s Full Agile Funding Push, ‘Discourage’ Future Requests

Air Force

SSC Eyes Award Of First RG-XX Contracts Next Month Or March

Trending

Appropriators Fund More Multi-Years For Munitions, But Not All Of DoD’s ‘Very Late’ Request
Blue Origin Reveals TeraWave LEO/MEO Constellation For Enterprise, Government Connectivity
Hypersonic Testing Company Stratolaunch Raises New Capital
Appropriators Direct F/A-XX EMD Contract Award While Boosting Funding To Nearly $1 Billion
Minibus That Funds NNSA Passes Senate, Heads To Trump’s Desk

Contract Updates

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

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

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

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume