:

Business/Financial

SAIC Ends Fiscal Year With Solid Fourth Quarter

By Cal Biesecker

Tuesday, March 31st, 2015

SHARE:

SAIC Ends Fiscal Year With Solid Fourth Quarter

SAIC CEO Tony Moraco

Science Applications International Corp. [SAIC] on Tuesday posted solid fourth quarter results with net income and sales both higher than a year ago even though the federal government is still taking longer to make awards.Net income increased 9 percent to $36 million, 75 cents earnings per share (EPS), from $33 million (66 cents EPS), topping consensus estimates by four cents per share. The increase was due to higher operating margins and lower tax expense due to the retroactive reinstatement of…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]