Aerospace Group:

Net Income Falls Despite Solid Sales Hike At SI International

DDN

Wednesday, October 31st, 2007

SHARE:

By Calvin Biesecker SI International [SINT] yesterday reported lower net income and higher sales in the third quarter in line with its own and analysts' expectations. The federal information technology space "continues to be a challenging environment" as Pentagon spending remains focused on supporting the ongoing wars in Iraq and Afghanistan, Brad Antle, SI International's president and CEO, said during yesterday's earnings call. Net income dropped 18 percent to $4.4 million, 33 cents earnings per share (EPS), versus $5.4 million…

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 […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]