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Ross Wilkers

DigitalGlobe Reports 18% Gov’t Revenue Jump in 2Q

DigitalGlobe

DigitalGlobe (NYSE: DGI) has reported an 18.4-percent increase in revenue for the company’s U.S. government business segment during its fiscal year 2015 second quarter ended June 30. U.S. government sales for the quarter totaled $113.1 million and DigitalGlobe said revenue from the company’s EnhancedView Service Level Agreement with the National ...

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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

GovConIndexDOWN

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million ...

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Iridium Gov’t Revenue Up 12% in 2Q; Matt Desch Offers NEXT Program Update

Matt Desch

Iridium Communications (Nasdaq: IRDM) has reported a 12.5 percent increase in government segment revenue for the company’s fiscal year 2015 second quarter compared to the prior year period. Total quarterly sales for the segment reached $18 million, which the company attributed primarily to its airtime services contract with the Defense ...

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Leidos-Cerner-Accenture Team Wins Multibillion Dollar Military Health Record Contract

Health

A team of Leidos (NYSE: LDOS), healthcare technology maker Cerner (Nasdaq: CERN) and Accenture (NYSE: ACN) has beaten two other industry teams for the Defense Department‘s multi-year, multibillion dollar contract to integrate a commercial electronic health records system across the Military Health System. DoD said Wednesday the contract has a $4,336,822,777 ceiling value over the initial two-year ordering period with two three-year option periods ...

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July 29 Market Close: GovCon Index Extends Climb, US Stocks Move Up After Fed Reports Economic Improvement

GovConIndexUP

The GovCon Index gained at least a full point for the second consecutive trading session Wednesday with a gain of 1.949 percent — or 1.464 points — to close at 76.592. General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) both posted second quarter results that beat Wall Street expectations, Bloomberg reported. ...

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General Dynamics Reports 5% Revenue Jump for 2Q, Profit Up 39%

general dynamics logo

General Dynamics (NYSE: GD) has reported a 5.46-percent increase in revenue year-over-year for its fiscal year 2015 second quarter ended July 5, 2015 and a 39-percent jump in revenue for the quarter. Total revenue for the second quarter was $7.88 billion and profit for that same period reached approximately $752 ...

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July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

GovConIndexUP

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for ...

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July 27 Market Close: GovCon Index, US Stocks Dip After China Market Losses

GovConIndexDOWN

The GovCon Index fell into negative territory for the fifth consecutive trading session Monday with a loss of 0.681 points to close at 74.202. Data that showed industrial profits declined in China during June sent that country’s stock markets to losses for that country’s Monday session and U.S. stocks responded in turn ...

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Veritas Capital to Purchase Alion Science; Bahman Atefi Comments

Alion-logo_GovConWire

Private equity investment firm Veritas Capital has agreed to purchase engineering services contractor Alion Science and Technology Corp. for an undisclosed sum. Alion announced the transaction Thursday and said Veritas sought to acquire the McLean, Va.-based contractor for its presence in the defense, federal civilian, commercial, state government and international government markets. ...

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July 21 Market Close: GovCon Index, US Stocks Plunge on Earnings Results

GovConIndexDOWN

The GovCon Index mirrored across-the-board declines in U.S. stock markets Tuesday with a loss of 1.302 percent to close at 76.143. Investors reacted negatively to earnings reports from blue chip stocks such as IBM (NYSE: IBM), United Technologies (NYSE: UTX) and Verizon (NYSE: VZ) that either missed forecasts by many market analysts or ...

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