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Archives :: Market Sectors :: Financial
Displaying 1 - 20 of 88 stories.
September 5, 2008
By Calvin Biesecker SAIC [SAI] on Wednesday posted solid second quarter results led by strong organic growth and record sales and a modest increase in income from continuing operations, which was hindered by non-recurring charges related to a civil judgment...http://www.defensedaily.com/sectors/financial/3879.html August 29, 2008
By Emelie Rutherford Vice presidential nominee Sen. Joe Biden (D-Del.) brings to the Democratic ticket a reputation on Capitol Hill for questioning foreign-military sales, advocating for arms control, and calling for caution in developing missile-defense...http://www.defensedaily.com/sectors/financial/3806.html August 26, 2008
By Calvin Biesecker The O'Gara Group, a security firm specializing in night vision equipment, training services, and armored vehicles for civil markets, last Friday filed plans with the Securities and Exchange Commission for an initial public offering (IPO)...http://www.defensedaily.com/sectors/financial/3766.html August 21, 2008
Registered Traveler (RT) service provider Verified Identity Pass yesterday said it has secured $44.4 million in venture funding from new and existing investors for use in furthering its membership growth and expanding its fast pass lanes at airport security...http://www.defensedaily.com/sectors/financial/3722.html August 20, 2008
ManTech International [MANT] yesterday said that it has agreed to acquire Emerging Technologies Group (ETG), a woman-owned, service disabled veteran owned small business specializing in computer forensics and network analysis. Terms of the acquisition, which...http://www.defensedaily.com/sectors/financial/3711.html August 20, 2008
By Calvin Biesecker General Dynamics [GD] yesterday said that it has agreed to acquired Switzerland-based Jet Aviation, in a $2.3 billion cash deal that significantly boosts its capabilities as a business jet services provider and gives it a global presence...http://www.defensedaily.com/sectors/financial/3717.html July 30, 2008
SI International [SINT] yesterday said that its net income fell 24 percent in the second quarter despite strong sales growth as delays in several programs crimped margins. The company also announced this week that its planned $25 million acquisition of...http://www.defensedaily.com/sectors/financial/3469.html July 30, 2008
By B.C. Kessner ROME--The American Eurocopter subsidiary of European Aeronautic Defence and Space Co. (EADS) North America said late last week it was awarded a contract worth up to $150 million by the Department of Homeland Security to provide U.S. Customs...http://www.defensedaily.com/sectors/financial/3471.html July 30, 2008
By Calvin Biesecker Northrop Grumman [NOC] yesterday reported solid increases in net income and sales although the higher earnings were driven by lower corporate and pension expenses as three of the company' operating segments saw their income decline despite...http://www.defensedaily.com/sectors/financial/3473.html July 25, 2008
L-3 Communications [LLL] yesterday reported solid second quarter earnings and sales aided in part by some one-time gains and to a lesser extent some acquisitions. Net income increased 48 percent to $278 million, $2.24 earnings per share (EPS), from $188...http://www.defensedaily.com/sectors/financial/3419.html July 25, 2008
By Calvin Biesecker Raytheon [RTN] yesterday reported strong second quarter financial results driven by strong earnings at its missiles, and mission and training support businesses coupled with improved operating performance, lower pension expenses and growth...http://www.defensedaily.com/sectors/financial/3425.html July 24, 2008
By Calvin Biesecker Streaking along so far this year, General Dynamics [GD] yesterday reported strong second quarter financials driven by higher earnings, sales and margins at each of its operating segments. The strong results, coupled with an equally...http://www.defensedaily.com/sectors/financial/3408.html July 24, 2008
By Calvin Biesecker Boeing [BA] yesterday posted weak second quarter financial results, driven in part by a previously disclosed charge on an international military aircraft program but also on an unexpected dip in commercial aircraft profits as company wide...http://www.defensedaily.com/sectors/financial/3411.html July 23, 2008
By Calvin Biesecker Lockheed Martin [LMT] yesterday posted strong second quarter earnings due to big gains at its Space and Information Systems segments and the world's largest defense contractor raised its profit forecast for the year due to previous land...http://www.defensedaily.com/sectors/financial/3399.html July 17, 2008
SI International [SINT] yesterday said that it has agreed to acquire veteran-owned Arrowpoint Corp., which provides information technology and professional services primarily to the Defense Department, for $16 million in cash plus the potential for another $9...http://www.defensedaily.com/sectors/financial/3331.html July 15, 2008
By Calvin Biesecker Rockwell Collins [COL] last Friday reported strong third quarter financial results due to improved operating margins and solid sales and the company raised its year-end earnings guidance a nickel. Despite bleak headlines in the energy...http://www.defensedaily.com/sectors/financial/3293.html July 11, 2008
Boeing [BA] yesterday said it would take a $250 million pre-tax charge in its second quarter earnings results due to previously acknowledged delays on an aircraft program it is developing for Australia but the company maintained its earnings guidance for this...http://www.defensedaily.com/sectors/financial/3276.html June 3, 2008
DRS Technologies [DRS] late last Thursday posted higher fourth quarter earnings and sales although it benefited in good measure from a restatement of a hefty charge from the first quarter of fiscal year 2008 to the company's fourth quarter of 2007. An 18...http://www.defensedaily.com/sectors/financial/2875.html June 2, 2008
By Calvin Biesecker Following one failed attempt and another that never really got far, the Department of Homeland Security (DHS) has renewed its efforts to find help from industry in consolidating the legacy financial and asset management systems that are...http://www.defensedaily.com/sectors/financial/2851.html May 9, 2008
By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported a strong end to its fiscal year 2008 led by growth in its civil ammunition, NASA, advanced weapons and composite structures businesses and lower corporate and pension expenses. The lower pension...http://www.defensedaily.com/sectors/financial/2613.html
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