RTX [RTX] on Tuesday posted strong sales although net income rose marginally due to various accounting adjustments and a customer insolvency and the company also disclosed an issue in its commercial aircraft engine business that led it to lower free cash flow guidance for the year by $500 million. The engine issue at Pratt has to do with microscopic contaminants in powdered metal used to manufacture turbine discs in PW1100G-JM engines that could reduce the life of the discs. The…
UPDATE: Affirmative Solutions LLC,** Cheyenne, Wyoming (SPE2DE-26-D-0003, $49,500,000) has been added as an awardee to the multiple award contract for medical and surgical supplies for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DE-22-R-0017/SPE2DE-26-R-0003 and awarded Sept. 28, 2023.
BL Harbert International LLC, Birmingham, Alabama, was awarded a $171,506,091 firm-fixed-price contract for the conversion of existing administrative space to a data center, laboratories, and updated administrative space. Bids were solicited via the internet with three received. Work will be…
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…
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