nAVY CONTRACTS (2)

Article Abstract:

Northrop Grumman Corp., Bethpage, N.Y., is being awarded a $7,000,000 fixed-price order for four quick engine kits (QECs) and QEC spare parts (partial kits) used in support of E2C aircraft. Work will be performed in Melbourne, Fla. (45%), Bethpage, N.Y. (40%), St. Augustine, Fla. (11%), Rolling Meadows, Ill. (3%), and Dallas, Texas (1%), and is expected to be completed by June 2002. Contract funds will expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Inventory Control Point, Philadelphia, Pa., is the contracting activity (N00383-97-G-005B) (Order KK01).

New orders received, Pennsylvania, Aircraft Engine Parts, Northrop Grumman Corp., Contract, E2C, QEC, aircraft, aircraft engines

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Roll out the barrel for Selector

Article Abstract:

Selector has seen a drop in orders from Pepsi-Cola which accounted for 70% of the company's sales in 1995. This has led to a profit warning from Selector. The company is becoming less dependent on sales to Pepsi. The company has acquired Galkar, a water purifier concern. Selector may also be successful with Fob Stop which is a device that eliminates waste when kegs of beer are changed. The company's revenue is expected to rise to $9 million in 1997 from $4 million in 1996 and Selector could achive $15 million in 1998.

Food Product Machinery Manufacturing, Food products machinery, Beverage Equip ex Pkg, Management, Beverage dispensing equipment, Beverage processing machinery, Selector

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R-R ready to roll

Article Abstract:

Rolls-Royce has seen a drop in its share price in relation to the market in the five years to July 1995, and five stockbrokers have recommended buying the company's shares. Reasons for this recommendation include an improvement in sales of spare parts and military engines, and an expected rise in the company's profits in the two years from 1995. Research and development costs are set to falland there should be benefits arising from a rationalization program.

Aircraft Engines & Parts, Gasoline Engine and Engine Parts Manufacturing, Auto Gasoline Engines, Aircraft engines, Securities, Automotive gasoline engines, Internal combustion engine industry, Rolls-Royce PLC

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