By Calvin Biesecker Raytheon [RTN] yesterday posted double-digit increases to its top and bottom lines in its fourth quarter, which was marked by improved performance and broad strength across most of its business segments. The company's Network Centric Systems and Technical Services segments led the way for Raytheon, posting double-digit sales and earnings gains driven by work on various Army programs, including operational training support in the United States and overseas. Space and Airborne Systems, Missile Systems and Integrated Defense…
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…