![]() This contract was a competitive acquisition and three offers were received. Work will be performed in Santa Rosa, California, and is expected to be complete by March 18, 2024, for the first Radio Frequency Threat Simulator, and March 20, 2024, for the second Radio Frequency Threat Simulator. This contract provides for the procurement of two Radio Frequency Threat Simulators with sustainment support consisting of patch management, field engineer support, non-critical spare parts, critical spare parts, and storage. Keysight Technologies Inc., Santa Rosa, California, has been awarded an $18,507,313 definitive contract for Radio Frequency Threat Simulators. The Air Force Test Center, Edwards Air Force Base, California, is the contracting activity (FA15). Fiscal 2022 research, development, test and evaluation funds in the amount of $20,512,596 are being obligated at time of award. The contract was a sole-source acquisition. Work will be performed at Broomfield, Colorado, and is expected to be completed by Oct. This contract provides for leveraging the test data from the first Phase III Small Business Innovation Research component and integrated breadboard engine test to develop flight-weight engine component designs. Sierra Space Corp., Broomfield, Colorado, has been awarded a $22,605,083 firm-fixed-price contract for the maturation of the Advanced Upper Stage Engine (VR35K-A). The Air Force Nuclear Weapons Center, Hill Air Force Base, Utah, is the contracting activity (FA8204-23-F-0028). Fiscal 2023 research, development, test, and evaluation funds in the amount of $13,000,000 are being obligated at time of award. ![]() This contract was a sole-source acquisition. Work will be performed in Laurel, Maryland, and is expected to be completed July 23, 2026. This contract provides for procurement of engineering, systems engineering for complex systems, research, and development of specialized functions. This task order is from a previously awarded contract (FA8204-21-D-0001), and provides for continuing the strategic partnership between government and JHU/APL. Johns Hopkins University Applied Physics Laboratory, Laurel, Maryland, was awarded a $165,914,899 task order for Sentinel support. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. But until the company can turn around its financial performance and swing to a profit, investors should expect that this stock will remain in the penalty box. How bad things ultimately get for Unity Software’s stock remains to be seen. Shareholders of U stock are in for a painful day as the share price craters on news of a weak outlook. Year to date, the technology heavy Nasdaq is down 25%, putting it into a bear market. Investors and analysts are increasingly looking beyond growth to the fundamentals of companies and punishing those that fall short of expectations. The steep selloff in U stock year to date, along with today’s big drop, is yet another example of how unprofitable technology stocks are getting battered in the current market. Unity Software has also placed nine products into open beta and more than 54,000 game developers signed up to test the service. ![]() Last autumn, the company advertised Unity Gaming Services (UGS) as a suite of tools and services that can simplify developer’s ability to create, host and manage video games. “Short-term, we are laser-focused on accelerating growth…” “We remain focused on the massive opportunity we see in front of us long-term,” said CEO John Riccitiello, in a written statement. Unity Software said it had $1.2 billion of cash on hand as of March 31 this year. The company, which is best known for Unity, a licensed game engine that developers use to create video games, said that 1,083 customers each generated more than $100,000 of revenue in the first quarter compared to 837 a year earlier. In addition to lowering its Q1 guidance, Unity Software also lowered its full-year revenue guidance to $1.35 billion to $1.425 billion from an earlier estimate of $1.485 billion to $1.50 billion. ![]()
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