& #8226; OSI Systems Inc.
informed the Securities and Exchange Commission that it would be late filing its form 10-K for the fiscal year ended June 30 because it is in the process of finalizing its audited financial statements. The Hawthorne-based security and inspection systems manufacturer said in its SEC filing that it intends to file by Sept. 28.
& #8226; eCost.com Inc.
announced that Elizabeth Murray, the company’s executive vice president and chief financial officer, has resigned to pursue other business opportunities. The Torrance-based online discount retailer said its search for a new CFO is in process. Brent Hirokawa, the vice president of accounting and controller, will act as interim principal financial officer until a successor CFO is named. eCost said Murray’s resignation was not related to its accounting practices or financial statement disclosures.
& #8226; Jacobs Engineering Group Inc.
announced that it received two contracts worth nearly $155 million. The Pasadena-based technical and construction services company won a $125 million engineering contract to increase a refinery’s capacity to process heavy crude in Rosemount, Minn., for Flint Hills Resources. The project is expected to be completed in the second quarter of 2007, pending environmental permit approvals.
Also, a subsidiary of Jacobs received a 5-year, $30 million contract from the U.S. Air Force to provide threat representation and validation services. The effort includes developing software that replicates hostile warfare situations for training purposes.
& #8226; Northrop Grumman Corp.
was awarded nearly $131 million in contracts from the U.S. Navy. The first was a $124.5 million mine-detection contract for the Navy’s Airborne Laser Mine Detection System. Operating from a helicopter, the system uses a light and laser to detect and classify near-surface, moored and floating sea mines. The initial contract was for $45.5 million and has options totaling $79 million for various manufactured devices, training and logistics support for the system.
L.A.-based Northrop was also chosen to develop a system for the Navy’s shipboard protection system under a $6 million contract. The system would allow ships to counter terrorist threats while anchored to a pier or during restricted maneuvering. Under the agreement, Northrop will supply amphibious ships and aircraft carriers with a sensor analysis and response system. In the first phase of the contract, which will be completed by March 2006, Northrop will provide system design, hardware, software and components. The second phase, to be completed during its fiscal year 2007, will incorporate swimmer- and diver-detection capabilities.
& #8226; Jamdat Mobile Inc.
launched its Jamdat Bowling 3D in South America, available on Latin American wireless carrier VIVO. L.A.-based Jamdat said the game allows players to transform their mobile phones into virtual bowling alleys with three dimensional graphics. The company said the launch is part of its continuing effort to bring advancements in wireless game-play to subscribers worldwide.
& #8226; Siderean Software
named Robert Petrossian as its new chief executive officer. As CEO, Petrossian will oversee the development and operations of the El Segundo-based provider of search and navigation software. Before joining Siderean, Petrossian was chief operating officer of Irvine-based software firm Integrien Corp. and vice president of strategy and business development at Edison, N.J.-based I-Many Inc.
