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Ross Wilkers

DigitalGlobe FY 2014 Revenue Up 7%, Gov’t Sales Up 10%

DigitalGlobe

DigitalGlobe (NYSE: DGI) has announced financial results for the fourth quarter and its 2014 fiscal year ended Dec. 31, 2014. Full-year revenue for the Colorado-based geospatial imagery provider increased 6.8 percent to $654.6 million over 2013 figures and sales to U.S. government agencies rose 10.4 percent to $395.3 million for ...

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Engility Closes TASC Purchase

acquisition

Engility Holdings (NYSE: EGL) has closed its $1.3 billion all-stock purchase of TASC to create a company with more than 10,000 employees and approximately $2.5 billion in revenue based on 2014 figures, the companies said Thursday. Engility expects the transaction to increase its earnings per share starting in 2016 after adjustments for amortization ...

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CSC Buys Autonomic Resources for Federal Cloud Market Push

Cloud

Computer Sciences Corp. (NYSE: CSC) has acquired cloud computing infrastructure provider Autonomic Resources for an undisclosed sum in a push to expand cloud offerings in the federal and other government markets. The companies said Wednesday CSC seeks to shorten the time-to-market for cloud tools and services certified by the Defense Information Systems ...

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February 24 Market Close: GovCon Index Closes Flat, Traders Watch Fed Chair Remarks

GovConIndexUP

The GovCon Index remained largely level for a second consecutive day as it rose 0.044 points to 71.008. Traders considered Federal Reserve Chair Janet Yellen’s testimony to the Senate Banking Committee, where she indicated the central bank would change its guidance before any interest rate increase, according to the Wall Street Journal. Investors ...

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