Looking to smooth out the lumpiness in American Science and Engineering’s [ASEI] revenues and create sustainable growth in the next two to three years, the company’s new chief has outlined two key growth areas. Charles Dougherty, who became AS&E’s president and CEO in April, tells investors that at $250 million to $300 million in annual sales, the company can gain “tremendous leverage” from the business as it scales. “So clearly enhancing our financial profile as we scale the business is…
Contract Updates
SNC Manufacturing LLC (Orocovis, Puerto Rico) – $15,857,625
SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…
Huntington Ingalls Inc. (Newport News, Virginia) – $9,434,758
Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…
JRC Integrated Systems LLC (Washington, D.C.) – $10,708,589
JRC Integrated Systems LLC, Washington, D.C., is being awarded a $10,708,589 cost-plus-fixed-fee term contract (including option years) (N0003026C3031) for Trident II D5 Strategic Weapon System programs and Dreadnought programs. Tasks to be performed include operator and operational knowledge and expertise…
Lockheed Martin Corp. Missiles and Fire Control (Archbald, Pennsylvania) – $23,097,963
Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…