Northrop Grumman [NOC] on Thursday posted strong sales in its second quarter but like some of its peers, earnings tumbled. Net income fell 14 percent to $812 million, $5.34 earnings per share (EPS), from $946 million ($6.06 EPS) a year ago, nipping analysts’ expectations by a penny. Sales were strong, up 9 percent to $9.6 billion from $8.8 billion a year ago. Pension headwind knocked $160 million ($1.01 EPS) off the bottom-line and overall segment operating income contracted 2 percent.…
ICF Mercantile LLC,* Warren, New Jersey, has been awarded a maximum $150,000,000 firm-fixed-price delivery order (SP8000-26-F-0008) issued against an indefinite-delivery/indefinite-quantity contract (SP8000-26-D-0005) for aerospace grade rayon fiber. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as…
Lockheed Martin Corp., Orlando, Florida, was awarded a ceiling of $328,500,000 undefinitized contract action issued as a letter contract for Department of Defense and Foreign Military Sales (FMS) Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting Infrared…
Zapata Black & Veatch JV LLC, Charlotte, North Carolina, was awarded a $29,000,000 firm-fixed-price contract for planning, design, construction, and operation services. Bids were solicited via the internet with six received. Work locations and funding will be determined with each…
Burns & McDonnell Engineering Co. Inc., Kansas City, Missouri, was awarded a $49,000,000 firm-fixed-price contract for planning, design, construction, and operation services. Bids were solicited via the internet with four received. Work locations and funding will be determined with each…
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