L3 Wins Multi-Year Order

L3 Wins Multi-Year Order

L3 Technologies said pre-market Thursday it has received an initial $89.2 million firm-fixed-price contract award from the U.S. Army. L3 said it will supply M783 Point Detonating/Delay (PD/DLY) Mortar Fuzes and M734A1 Multi-Option Fuze for Mortars (MOFM). This is a multi-year contract with a base award and four option years, which, if fully exercised, has the potential to exceed $230 million. The M783 and M734A1 fuzes are the U.S. Army’s […]

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Novartis Gets European Approval for Kisqali

Novartis Gets European Approval for Kisqali

Novartis AG said Friday the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending approval of Kisqali in combination with an aromatase inhibitor to treat postmenopausal women with hormone receptor positive, human epidermal growth factor receptor-2 negative (HR+/HER2-) locally advanced or metastatic breast cancer as initial endocrine-based therapy. The CHMP recommendation of combining Kisqali with any aromatase inhibitor means […]

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OSI Wins Order

OSI Wins Order

OSI Systems shares gained more than 1% shortly after the open of trading Wednesday after it said pre-market that its security division has been awarded a contract valued at $23 million from an unidentified European airport group to provide multiple units of its RTT 110 explosive detection systems. The RTT employs an approach to provide high-resolution 3-D imaging, and its design allows for the inspection of hold baggage and air […]

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Jacobs Engineering Group Wins Contract

Jacobs Engineering Group Wins Contract

Jacobs Engineering Group said Tuesday it has won a ten-year, multi-million dollar contract from the Pennsylvania Department of Transportation to design a long-range, comprehensive, multi-modal transportation management solution to improve travel along the Interstate 76 (Schuylkill Expressway) corridor in the Philadelphia metro area. Under the terms of the contract, Jacobs will provide systems engineering and alternatives analysis, preliminary engineering, final design, right-of-way acquisition services and construction consultation to provide improvements […]

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Upland Software Prices Share Offer

Upland Software Prices Share Offer

Upland Software, a provider of cloud-based enterprise work management software, said early Wednesday it priced an underwritten public offering of 1.9 million shares of its common stock at $21.50 per share, equal to a 2.5% discount relative to the stock’s Tuesday closing price. The aggregate offering size, before deducting the underwriting discounts and commissions and other offering expenses, is expected to be approximately $40.0 million. The offering is expected to […]

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