EA Engineering lands $25 million Air Force job

September 09, 1992

EA Engineering, Science and Technology Inc. announced yesterday that it has been awarded a three-year contract to do up to $25 million worth of environmental cleanup work for the U.S. Air Force.

Under the contract, the Air Force will use the Hunt Valley company for various environmental needs, including the installation of chemical systems for treating ground water at hazardous waste sites in the United States and its territories. The contract does not designate the size or dates of such work.

EA Engineering has been working on Air Force projects for five years. The contract will help improve EA Engineering's finances, which have been in the red in recent quarters.

For the nine months that ended May 31, the company lost $1.9 million, or 78 cents a share, compared with a profit of $267,000, or 11 cents a share, for the same period a year ago.

The company blamed the loss on the continuing weakness in the environmental services market and expenses related to its corporate restructuring.

EA Engineering, which has a work force of about 640, does environmental studies, investigates possible pollution at sites and advises companies on environmental regulation. It also designs and does cleanups of contaminated areas.

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