Quality Engineering Career News by UQSI

Associated Press

HARTFORD, Conn. –

An analyst cut her 2009 earnings estimates Wednesday for Barnes Group Inc., a day after the aerospace and industrial-components manufacturer withdrew its guidance for the year because of the recession and uncertainty in transportation markets.

Analyst Yvonne M. Varano of Jefferies & Co. cut her estimate to 80 cents per share from $1.24 per share.

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WASHINGTON, June 10 (UPI) — The U.S. space agency has awarded a $200 million contract to Jacobs Technology Inc. of Tullahoma, Tenn., for aerospace testing at the Ames Research Center.

The National Aeronautics and Space Administration two-year contract has three one-year options and begins July 1. The company will provide support for aerospace tests and facilities maintenance and operations at the Moffett Field, Calif., NASA facility.

The Ames center supports a wide variety of testing requirements for NASA and other government agencies, including the Department of Defense, Department of Energy and Department of Homeland Security. Ames researchers also provide testing services for industry and other non-government entities, NASA said.

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