Business/Financial
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Business/FinancialTax Benefit Boosts ATK’s Earnings; Initiates First Quarterly Dividend
By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported higher second quarter net income as a result of a favorable tax settlement, as sales and operating profits were flat. Based on […]
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Business/Financial
KEYW To Acquire Small Cyber Solutions Firm Serving Intel Community
Bolstering its platform in the cyber security space, KEYW Corp. [KEYW] on Tuesday said it has agreed to acquire Sycamore US, a small firm offering cyber security solutions to the […]
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Air ForceGOP-Controlled House To Call For Robust Military, Resist Cuts
By Emelie Rutherford Republicans controlling the House next year are expected to place a greater emphasis on missile defense and countering China’s arms buildup while increasing oversight of the Pentagon […]
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Business/Financial
Skelton, Top HASC Dems Lose As GOP Takes Over House
By Emelie Rutherford House Armed Services Committee (HASC) Chairman Ike Skelton (D-Mo.), Vice Chairman John Spratt (D-S.C.), and Seapower subcommittee Chairman Gene Taylor (D-Miss.) all lost their reelection bids last night […]
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Business/Financial
CBP Expanding Use of Border Checkpoint Technologies With New Unisys Contract
By Calvin Biesecker Customs and Border Protection (CBP) has awarded Unisys (UIS) a potential $350 million contract over five years to expand the use of technology the company initially installed […]
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Business/Financial
CACI Completes Acquisitions of Firms Serving Intel Space
CACI International [CAI] yesterday said it has completed its acquisitions of two companies serving the intelligence community with geospatial and technical services, TechniGraphics, Inc., and Applied Systems Research, Inc. Combined, […]
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Business/Financial
L-3 Reports Higher Operating Earnings On Flat Sales In Third Quarter
By Calvin Biesecker L-3 Communications [LLL] yesterday reported lower net income in its third quarter due to a higher tax rate, but operating earnings before taxes were up due mainly […]
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Business/Financial
CACI Posts Record First Quarter Financial Results
By Calvin Biesecker CACI International [CAI] on Wednesday posted record first quarter earnings and sales, driven by a broad range of its service offerings. Net income climbed 20 percent to […]
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Business/Financial
Tax Gain, Operating Improvements Boost Raytheon’s Earnings
By Calvin Biesecker Buoyed by a favorable tax settlement, tax gains from discontinued operations and strong operating performance, Raytheon [RTN] yesterday posted a hefty increase in its third quarter earnings, […]
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Business/Financial
Aerospace Lifts GD In Third Quarter; Raises Earnings Guidance
By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter results led by its Aerospace segment that makes and services business jets. Overall, GD’s operating performance was strong as […]