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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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Tony Frazier Appointed Gov’t Solutions SVP at DigitalGlobe

Tony Frazier

Tony Frazier, formerly senior vice president and general manager of DigitalGlobe‘s (NYSE: DGI) Insight business, has taken on a new role as SVP of government solutions at the geospatial imagery provider, the company has confirmed to GovCon Wire. Frazier, who joined the Longmont, Colo.-based company upon its combination with GeoEye ...

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Gary Ferrera to Join DigitalGlobe as EVP, CFO; Jeffrey Tarr Comments

Gary Ferrera

Gary Ferrera, formerly chief financial officer at Intrawest Resort Holdings (NYSE: SNOW), will join DigitalGlobe (NYSE: DGI) on Mar. 9 as executive vice president and CFO. Interim CFO Fred Graffam will continue in this role and assume full-time duties as vice president for financial planning and analysis in March, DigitalGlobe said Wednesday. Jeffrey Tarr, DigitalGlobe CEO, said Ferrera ...

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NGA Renews DigitalGlobe’s Satellite Imagery Platform Contract

DigitalGlobe

DigitalGlobe (NYSE: DGI) will continue providing satellite imagery for National Geospatial-Intelligence Agency programs after NGA renewed the company’s Global Enhanced GEOINT Delivery contract. The company said Monday Global-EGD has an estimated 1.5 billion square miles of available imagery and an additional 579,153 square miles are updated daily for NGA to use in operational planning, situational awareness and emergency response operations. ...

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Fred Graffam Takes Additional Role as DigitalGlobe Interim CFO; Jeffrey Tarr Comments

DigitalGlobe

Fred Graffam has assumed the role of interim chief financial officer at DigitalGlobe (NYSE: DGI) in addition to his position as vice president of financial planning and analysis. Graffam takes the additional role as the company continues to scout for the replacement of Yancey Spruill, DigitalGlobe said Wednesday. “Fred’s experience, coupled with the deep bench ...

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Jeffrey Tarr: DigitalGlobe to Repurchase Shares, Explore M&A

Jeffrey Tarr

Jeffrey Tarr, CEO of DigitalGlobe (NYSE: DGI), has outlined the company’s strategies to build shareholder value over time following the release of its financial results for the second fiscal quarter. Tarr said Thursday DigitalGlobe is looking into mergers and acquisitions as it executes a $75 million share repurchase plan within the next two years. For the quarter ended June ...

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Jeffrey Tarr: DigitalGlobe Receives Gov’t Approval for High-Res Imagery Sales

DigitalGlobe

DigitalGlobe (NYSE: DGI) has obtained permission from the U.S. Commerce Department to start offering customers high-resolution photos generated by the company’s earth imagery satellite constellation. The federal authorization will enable DigitalGlobe to sell up to 0.25-meter panchromatic resolution images as well as multi-spectral images at a 1-meter ground sample distance ...

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Jeffrey Tarr: DigitalGlobe Achieved Double-Digit Growth in Q1

DigitalGlobe (NYSE: DGI) gained $156.5 million in revenue during the first quarter of its 2014 fiscal year ending March 31, representing a 23-percent year-over-year increase. Jeffrey Tarr, CEO of DigitalGlobe, said Thursday the company generated double-digit revenue growth in part due to expansion in its U.S. and government businesses worldwide, as ...

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