Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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CongressHouse Members To Introduce Bill On DoD Cloud Security
Two Democratic House members are introducing legislation requiring separate assessments of the Defense Department’s cloud computing environment. The Department of Defense Cloud Security Act, which will be introduced by Reps. […]
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Business/FinancialTax Relief, Pension Benefit Boost Raytheon’s First Quarter Earnings
Raytheon [RTN] on Thursday posted strong first quarter net income driven by a tax benefit and pension income, which combined to more than offset lower operating earnings in most of […]
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Business/FinancialNorthrop Grumman Opens Year With Strong Earnings
Benefiting from a favorable tax settlement, pension income, improved operating performance and the repurchase of its stock, Northrop Grumman [NOC] on Wednesday reported a strong financial start to 2014 with […]
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Business/FinancialRetirement Plan Charges Dent Boeing’s Earnings But Core Results Strong
Boeing [BA] on Wednesday reported a double-digit decline in its first quarter net income stemming from previously announced charges related to changes in its retirement plan and higher tax expenses […]
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Business/FinancialAerospace Business Powers GD To Solid First Quarter
Led by its Aerospace segment, General Dynamics [GD] on Wednesday posted a solid first quarter financial results with a modest increase in net income despite a slight decline in sales. […]
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Business/FinancialSI Deal For Most Of QNA Will More Than Double Company’s Size
The SI Organization, a former business unit of defense contractor Lockheed Martin [LMT], said on Tuesday it has agreed to acquire the engineering services business of QinetiQ North America (QNA) […]
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Business/FinancialPension Tailwind, Strong Operating Performance Lift Lockheed Martin’s First Quarter Earnings
Despite a decline in sales, Lockheed Martin [LMT] on Tuesday posted stronger than expected first quarter earnings due to a swing to pension income and higher operating profits at most […]
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UncategorizedBusiness Opportunities
TSA Plans to Continue SESI Follow-on Contract through Three Awards The Transportation Security Administration in May plans to release a draft Request for Proposal (RFP) for a follow-on to its […]
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Uncategorized
Contract Awards
Smiths Detection Nabs X-Ray Award that TSA Withdrew from Rapiscan The Transportation Security Administration (TSA) earlier this month awarded Smiths Detection a $62.9 million contract to supply Advanced Technology (AT) […]