Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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UncategorizedEarnings News & Notes
Analogic [ALOG] 2Q16 2Q15 Sales $127.9M $133.9M Net Inc. ($3.0M, 0.24) $9.8M, 0.78 Analogic swung to a loss due to a $13.3 million pre-tax accrual associated with an ongoing […]
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UncategorizedConstruction Joint Venture Leads DHS Prime Contractor Awardees in FY ’15
The Department of Homeland Security awarded total contract funds of $13.5 billion in FY ’15, with the construction joint venture of McCarthy Mortenson topping the list of prime contractor recipients […]
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UncategorizedTSA Plans Full Implementation this Year of FBI Rap Back for Aviation Workers
In April the Transportation Security Administration (TSA) will begin pilot projects at two airports to vet aviation employees against FBI criminal databases and if all goes well the Rap Back […]
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UncategorizedBriefing
U.S. Citizenship and Immigration Services is awarding incumbent contractor MorphoTrust a potential six-month contract to continue maintaining 660 TouchPrint 4100 livescan fingerprint capture devices at 138 Application Support Centers. The […]
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Defense Watch
Defense Watch
New Investment Adviser. Jim McNerney, the retired chairman and CEO of Boeing, has joined the New York-based investment bank Clayton, Dubilier & Rice as senior adviser. The firm says that […]
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BudgetHAC-HS Democrat Suggests Increasing Coast Guard’s FY ’17 Acquisition Budget
House appropriators will “address” a shortfall in the Coast Guard’s budget request for its acquisition account in FY ’17, a Democrat on the committee said on Thursday. Rep. David Price […]
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Business/FinancialEngility Swings To Loss In Fourth Quarter, Full Year On Impairment Charge
A hefty charge related to declines in its stock price this year and declines in its defense business caused Engility [EGL] to record a nearly $300 million non-cash goodwill charge […]
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Business/FinancialGD Increases Dividend, Share Repurchase Authority
General Dynamics [GD] on Wednesday said it is increasing its quarterly dividend and boosting its share repurchase program. The new quarterly dividend of 76 cents per share, payable to shareholders […]
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Business/FinancialFormer Defense Official O’Keefe Sees Bid Protest Environment Influencing Negative Behaviors
The prospect of losing out in a major competition and the fear of acquisition officials of protests by losing bidders is influencing a number of aspects of the acquisition process […]
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Business/FinancialHoneywell Quits Chase Of UTC
Honeywell [HON] on Tuesday said it has given up its pursuit of acquiring United Technologies Corp. [UTX] given UTC’s strong objections to the potential combination. Dave Cote, chairman and CEO […]