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Tag Archives: commercial

Doug Wolfe Overviews CIA’s Commercial Cloud Push, Innovation Agenda to Potomac Officers Club

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The CIA‘s move to adopt commercial cloud computing technologies aims to get those tools directly into the hands of mission personnel and customers and have new products tailored to their goals, the agency’s chief information officer told the Potomac Officers Club Thursday. Doug Wolfe, the CIA’s CIO and a 30-year agency veteran, ...

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CSC Board Approves Plan for Separate Commercial-, US Public Sector-Focused Companies

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The board of directors at Computer Sciences Corp. (NYSE: CSC) has approved a plan to divide the Falls Church, Va.-based technology and services contractor into two separate publicly-traded companies: one solely focused on the U.S. public sector, with another for commercial enterprises and non-U.S. government agencies. CSC said Tuesday it expects to complete the ...

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ICF Revenue Up 11% in 1Q; Sudhakar Kesavan Comments

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ICF International (NASDAQ: ICFI) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Fairfax, Va.-based consulting and technology services contractor said total revenue increased 11.61 percent year-over-year to $245.05 million. Chairman and CEO Sudhakar Kesavan attributed ICF’s first quarter performance in ...

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QTS to Purchase Cloud Contractor Carpathia for $326M; Peter Weber Comments

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Overland Park, Kan.-based data center operator QTS Realty Trust (NYSE: QTS) has agreed to acquire Dulles, Va.-headquartered cloud computing provider Carpathia Hosting for $326 million in an effort to grow both companies’ colocation and managed services market footprints. QTS said Thursday it expects to close the deal sometime in the middle of 2015 and the ...

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DigitalGlobe 1Q Gov’t Revenue Up 17%, Overall Sales Jump 8%

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DigitalGlobe (NYSE: DGI) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The geospatial services contractor said revenue for its U.S. government business increased 17.6 percent from the prior year period to $114.8 million and overall sales for DigitalGlobe rose 8.2 percent year-over-year ...

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Iridium 1Q Gov’t Service Revenue Up 13%; Matt Desch on Company’s New Air Traffic Pacts

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Iridium Communications (NASDAQ: IRDM) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2014. The McLean, Va.-based satellite services provider reported a year-over-year revenue increase of 13 percent in its government services segment to $18 million, activity Iridium attributed to the company’s $400 million airtime ...

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Private Equity Firm Marlin to Buy General Dynamics’ Fidelis Cyber Business

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Los Angeles-based investment firm Marlin Equity Partners has agreed to purchase threat detection services business Fidelis Cybersecurity Solutions from General Dynamics (NYSE: GD) for an undisclosed sum. Marlin said Tuesday it expects to close the deal in the second quarter of its 2015 fiscal year and aims to grow its presence in a breach defense and ...

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TCS Reports 19% Jump in 4Q Revenue, 30% Bump in Gov’t Segment; Maurice Tose Comments

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TeleCommunication Systems (NASDAQ: TSYS) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Annapolis, Md.-based wireless technology contractor said its revenue for the quarter grew 19 percent from the prior year period to $93.3 million and total revenue for the year was ...

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Boeing FY 2014 Revenue Up 5%, Full-Year Profit Jumps 19%

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Boeing (NYSE: BA) has announced financial results for both the fourth quarter and 2014 fiscal year ended Dec. 31, 2014. The Chicago-based aerospace and defense company reported a 3-percent increase in revenue for the quarter to $24.47 billion over the prior year period and a 5-percent bump for the full year to ...

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Steve Comber Joins ManTech as Health Business SVP, GM

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Steve Comber, formerly president of Leidos‘ (NYSE: LDOS) health group, has joined ManTech International (NASDAQ: MANT) as senior vice president and general manager of the company’s federal health business unit. “Federal health (information technology) is a strategic focus for ManTech,” George Pedersen, ManTech chairman and CEO, said Tuesday. At ManTech, Comber will lead ...

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