:

Homeland Security

Earnings News and Notes

DDN

Wednesday, May 13th, 2009

SHARE:

L-1 Identity Solutions [ID] 1Q09 1Q08 Sales $150.2M $116M Net Inc. ($3.8M, 0.4) ($2.6M, 0.4) Losses widened on higher interest expenses and amortization still beat analysts' expectations by a penny on solid sales growth, which was up 30% overall and 8% organic. Organic growth was driven by the Enrollment Services and Biometrics divisions, up 34% and 27% respectively. Enrollment Services continues to expand its state-wide network of enrollment centers, signing a new contract with Indiana and also expanding work on…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]