Tag Archives: Financial News

FLIR Makes Financial Move

FLIR Systems’ (NASDAQ: FLIR) board of directors announced a new dividend policy under which FLIR intends to pay a quarterly cash dividend of 6 cents per share on its common stock. According to the firm, “the first dividend of 6 cents per share of outstanding common stock, representing a planned …

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Cisco Presents Financial Numbers; CEO John Chambers Comments

Cisco issued a financial statement, reporting second quarter net sales of $10.4 billion, with net income on a GAAP basis of $1.5 billion and non-GAAP net income of $2.1 billion. “The quarter played out as we expected, ” CEO John Chambers said. “Our strategy of tightly integrating our multiple products …

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QinetiQ NA Snags FEMA Option

QinetiQ North America picked up a contract option from FEMA worth a potential $15.6 million to provide asset tracking services. The firm will continue integration with DHS and FEMA’s technical architecture, along with surge capabilities for disaster operations. “This award serves as a strong testimonial to our strong mission support …

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Boeing Takes Off with Air Force Contract

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a contract modification not-to-exceed $15, 150, 000 for additional Massive Ordnance Penetrator Integration to include flight test support, three additional test assets, an alternative/modified fuse design and sixteen (16) fuses.  At this time, $5, 984, 488 has been obligated. …

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CSC Inks Navy Deal

According to the Department of Defense, “CSC (NYSE: CSC) is being awarded a $38, 895, 362 contract to provide engineering, technical, operational, and ancillary support services for the Naval Surface Warfare Center, Corona Division.  Work will be performed in Norco, Calif. (90 percent), Yuma, Ariz. (5 percent), Kauai, Hawaii (4 …

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ManTech Books Major Army Win

ManTech (NASDAQ:MANT) booked an order under the Strategic Services Sourcing prime contract to support operations for the Army Communications-Electronics Management Command’s Software Engineering Center Field Support Directorate. The award carries a value of $322 million, over a one-year base term and a single option year. ManTech will work with the …

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Booz Allen’s Ralph Shrader Talks Growth amid Financial Announcement

Booz Allen Hamilton (NYSE: BAH) released preliminary results for the third quarter of fiscal 2011 “with double-digit revenue growth and significant earnings growth over the prior year period.” The report marks the first financial results for Booz Allen since becoming a public company. The firm reported revenue for the third …

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Northrop Grumman Reports ‘Strong Finish’ in 2010; CEO Wes Bush Remarks

Northrop Grumman (NYSE: NOC) announced fourth-quarter 2010 earnings from continuing operations to reached $376 million, compared to $375 million in the fourth quarter of 2009. According to the firm, “fourth-quarter 2010 results included a previously announced one-time, pretax charge of $231 million, or $0.51 per diluted share, principally related to …

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Dell Closes SecureWorks Deal

Dell reported it closed its planned acquisition of SecureWorks. The move boosts Dell’s IT-as-a-Service offerings. “SecureWorks will be the foundational platform for Dell’s security solutions, ” Dell Services President Steve Schuckenbrock said. “Thousands of customers already entrust SecureWorks with mission-critical data resources. Dell looks forward to bringing these solutions to …

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Harris Books $9 Million Deal to Help Army Detect Bio Warfare Agents

Harris (NYSE: HRS) picked up a $9 million order from the Army to provide high-frequency radios for the Army’s Joint Biological Point Detection System. Harris will provide Falcon II 400-watt AN/PRC-150(C) HF systems to JBPDS. The system works to detect and identify biological warfare agents. The firm’s system will transmit …

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