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Raytheon : Federal Contracts Awarded to Companies in Massachusetts (March 24)

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03/24/2017 | 07:40pm CET

by Marlyn Vitin Targeted News Service

WASHINGTON, March 24 -- The following federal contracts were announced by federal agencies as having been awarded to companies operating in Massachusetts.

***

MILITARY $31.36 Million Federal Contract Awarded to Raytheon

ABERDEEN PROVING GROUND, Md., March 24 -- Raytheon Co., Marlborough, Massachusetts, was awarded a $31,357,013 federal contract by the U.S. Army Contracting Command for AN/TPN-31 air traffic navigation, integration and coordination system and AN/FPN-67 fixed base precision approach radar support services. The place of performance will be in Marlborough, Massachusetts.

DODBT

***

MILITARY $725,439 Federal Contract Awarded to 2Is

RICHMOND, Va., March 24 -- 2Is Inc., Walpole, Massachusetts, won a $725,438.50 federal contract from the Defense Logistics Agency for aircraft safety belts.

Agency contact: Frances Wilhelm, 804/279-5959, frances.wilhelm@dla.mil.

***

MILITARY $668,184 Federal Contract Awarded to Physical Sciences

ABERDEEN PROVING GROUND, Md., March 24 -- Physical Sciences Inc., Andover, Massachusetts, won a $668,183.53 federal contract from the U.S. Army Contracting Command for defense-related R&D on electronics and communication equipment.

Agency contacts: Denise Svezzese, 443/861-4650; or Nina M. Bushnell, 443/861-4649. CLASSA;

***

MILITARY $189,361 Federal Contract Awarded to Caton Connector

PHILADELPHIA, March 24 -- Caton Connector Corp., Kingston, Massachusetts, won a $189,361 federal contract from the U.S. Naval Supply Systems Command (NAVSUP) Weapon Systems Support for high voltage cable assemblies.

Agency contact: Peggy L. Trimiew, 215/737-3937, peggy.trimiew@dla.mil.

***

MILITARY $36,440 Federal Contract Awarded to General Electric

HUNTSVILLE, Ala., March 24 -- General Electric Co., Lynn Massachusetts, won a $36,440.25 federal contract from the U.S. Army's Defense Logistics Agency Detachment for unmounted anti-friction bearings.

Agency contacts: Dania K. Finley, 256/876-1962; or Efrain Y. Acevedo Santiago, 256/842-3160.

***

MILITARY $33,144 Federal Contract Awarded to C.C. Metals Engineering

COLUMBUS, Ohio, March 24 -- C.C. Metals Engineering Inc., West Boylston, Massachusetts, won a $33,144 federal contract set aside for small business from the Defense Logistics Agency for six-port fluid pin swivels.

Agency contact: Alan Searfoss, 614/692-2049, alan.searfoss@dla.mil.

***

MILITARY $9.86 Billion Federal Contract Awarded to Torden

FORT BELVOIR, Va., March 24 -- Torden LLC, New Bedford, Massachusetts, was awarded a share of a $9.86 billion federal contract set aside for small business by the U.S. Army Intelligence and Security Command for foreign language training services for the defense language interpretation translation enterprise program.

DODBT

***

$9.32 Million Federal Contract Awarded to Cashman Dredging & Marine Contracting

CONCORD, Mass., March 24 -- Cashman Dredging & Marine Contracting Co. LLC, Quincy, Massachusetts, was awarded a $9,319,000 federal contract by the U.S. Army Corps of Engineers for mechanical dredging for the Housatonic River. The place of performance will be in Madison, Connecticut.

DODBT

***

$72,789 Federal Contract Awarded to East Baking

EDGEFIELD, S.C., March 24 -- East Baking Co., Holyoke, Massachusetts, won a $72,788.80 federal contract from the U.S. Department of Justice's Bureau of Prisons for the supply of breads for the Federal Correctional Institution-Edgefield.

Agency contacts: Randolph Middlebrook, 803/637-1777, rmiddlebrook@bop.gov; or John C. Wilson, 803/637-1341, jcwilson@bop.gov. CIV5FCA5.

***

$42,847 Federal Contract Awarded to American Plant Maintenance

WASHINGTON, March 23 -- American Plant Maintenance LLC, Woburn, Massachusetts, won a $42,847 federal contract from the U.S. Department of Agriculture's Agricultural Research Service for steam trap survey and repair services.

Agency contact: Connie M. Faulkner, 701/239-1213, connie.faulkner@ars.usda.gov. CIV5FCA5. CLASSJ;

***

$26,750 Federal Contract Awarded to East Baking

MEMPHIS, Tenn., March 23 -- East Baking Co., Holyoke, Massachusetts, won a $26,750 federal contract set aside for small business from the U.S. Department of Justice's Bureau of Prisons for breads.

Agency contact: Joshua Hassler, 901/384-5531, jhassler@bop.gov. CIV5FCA5.

***

$15,500 Federal Contract Awarded to New England Food Brokerage

TERRE HAUTE, Ind., March 24 -- New England Food Brokerage Inc., Stoughton, Massachusetts, won a $15,500.46 federal contract set aside for woman-owned small business from the U.S. Department of Justice's Bureau of Prisons for fish items.

CIV5FCA5.

Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://www.targetednews.com

-1298380

(c) 2017 Targeted News Service, source News Service

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Financials ($)
Sales 2017 25 080 M
EBIT 2017 3 328 M
Net income 2017 2 169 M
Debt 2017 1 748 M
Yield 2017 2,03%
P/E ratio 2017 20,66
P/E ratio 2018 18,38
EV / Sales 2017 1,86x
EV / Sales 2018 1,77x
Capitalization 44 858 M
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Number of Analysts 20
Average target price 169 $
Spread / Average Target 10%
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Thomas A. Kennedy Chairman & Chief Executive Officer
Anthony F. O'Brien Chief Financial Officer & Vice President
Mark E. Russell VP-Engineering, Technology & Mission Assurance
Michael C. Ruettgers Independent Director
William R. Spivey Independent Director
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