Aerospace Group:

Army

SAIC Posts Solid Second Quarter Despite Net Income Drop

DDN

Friday, September 5th, 2008

SHARE:

By Calvin Biesecker SAIC [SAI] on Wednesday posted solid second quarter results led by strong organic growth and record sales and a modest increase in income from continuing operations, which was hindered by non-recurring charges related to a civil judgment and severance costs. Net income actually declined 17 percent to $109 million, 27 cents earnings per share (EPS), compared to $131 million (31 cents EPS) a year ago. However, last year's results benefited from a $31 million pre-tax gain related…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]