Science Applications International Corporation,
) recently secured a prime contract from
LSB Industries, Inc
) for approximately $118 million to provide engineering,
procurement, and construction (EPC) services to construct an
ammonia plant at an LSB subsidiary's site in El Dorado, Arkansas.
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LSB manufactures and sells chemical products for agriculture,
industrial, mining, quarry, and construction sectors. It also
manufactures and sells a broad range of heating, ventilation, and
air conditioning products that are used in commercial,
institutional, and residential buildings. The EPC services
provided by SAI will facilitate LSB to serve the markets in an
The contract entails SAI to provide EPC services including
foundations, structural steel, electrical, and instrumentation;
cost control and scheduling, and quality control of the ammonia
plant. The overall project construction and design of the ammonia
plant will be done by SAI. The plant will provide feedstock for
other units at the facility with excess production used to supply
an ammonia pipeline.
SAI has a large pipeline of new projects and continues to win
deals at regular intervals. The contract wins are key catalysts
that are likely to augment the company's revenues.
Since its inception in 1969, SAI has utilized its vast domain
knowledge to solve critical problems of the country in areas such
as national security, energy and the environment, critical
infrastructure, and health. Headquartered in McLean, Va., the
company presently has an employee strength of approximately
40,000, serving customers in the U.S. Department of Defense, the
intelligence community, the U.S. Department of Homeland Security,
other U.S. Government civil agencies and selected commercial
SAI currently has a Zacks Rank #2 (Buy). Other stocks that look
promising and are worth considering now are
Booz Allen Hamilton Holding Corporation
), carrying a Zacks Rank #1 ( Strong Buy), and
ICF International Inc
), carrying a Zacks Rank #2 (Buy).