Tag Archives: government

Frank Kendall: DoD On Track for FY 2017 Budget Release, R&D Concerns Hold

The Defense Department is on schedule in its plan to deliver its fiscal year 2017 budget plan by the end of January or early February, the Pentagon’s lead acquisition official told the Potomac Officers Club Wednesday. Frank Kendall — undersecretary for acquisition, technology and logistics — told the audience in McLean, Virginia …

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Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract, Public Safety Expansion Push

Melville, New York-based Comtech Communications (Nasdaq: CMTL) has agreed to purchase Telecommunication Systems (Nasdaq: TSYS) for approximately $430.8 million cash in a deal aimed to create a company with a balanced footprint in both the U.S. government contracting and public safety markets. Comtech said Monday it expects to close the transaction by the end …

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Health Net 3Q Earnings Meet Wall Street Forecasts; Gov’t Contracts Revenue Up 14%

Health Net (NYSE: HNT) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of 96 cents per share to meet the consensus forecast of Wall Street analysts and exceed prior year figures by 24 cents. Third quarter profit 3.22 percent year-over-year to $60.25 million and revenue …

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Rockwell Collins Posts 13% FY 2015 Earnings Climb, Revenue Up 5%; CEO Kelly Ortberg on Currency Impacts, Budget Agreement

Rockwell Collins (NYSE: COL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported full fiscal year 2015 earnings of $5.19 per share to exceed 2014 figures by 14.82 percent. The Iowa-based avionics maker’s most recent 2015 earnings outlook was for a range between $5.15 and $5.25 per share and Wall Street …

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ICF Posts 3Q Earnings, Revenue Jump From 2014; Sudhakar Kesavan on Federal Budget Deal’s Effects

ICF International (Nasdaq: ICFI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported third quarter earnings of 75 cents per share to fall 3 cents below the Wall Street consensus estimate. The Fairfax, Va.-based consulting and contracting firm reported 70 cents per share for the same quarter in 2014. Profit …

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DigitalGlobe 3Q Earnings Top Wall Street Forecasts; US Gov’t Sales Up 26%

DigitalGlobe (NYSE: DGI) has reported third quarter earnings of 12 cents per share, a figure 1 cent above the consensus Wall Street estimate. The geospatial satellite services contractor posted a profit of $9.6 million compared to $900, 000 and no earnings per share reported for the same quarter last year. Revenue …

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Intelsat 3Q Earnings Above Wall Street Expectations; FY 2015 Sales Guidance Reaffirmed

Intelsat (NYSE: I) — one of 30 companies listed on Executive Mosaic’s GovCon Index —  has reported third quarter earnings of 85 cents per share versus the consensus Wall Street estimate of 39 cents and the prior year figure of 79 cents. The Luxembourg-based satellite services provider and owner of Virginia-based Intelsat General posted $78.97 million in …

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Adm. Michael Rogers: NSA, Cybercom ID Automation as Private Sector Partnership

The National Security Agency and U.S. Cyber Command have identified automation of some cybersecurity functions as an area they want to collaborate closer with industry on, the head of both entities told the Potomac Officers Club Thursday. Navy Adm. Michael Rogers, NSA director and Cybercom lead, identified that element as one facet …

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Phyllis Schneck: Gov’t-Industry Trust Key to US Cyber, Physical Infrastructure Defense

Trusted relationships between government and private businesses are priority number one for the Department of Homeland Security‘s effort to protect U.S. cyber and physical infrastructure, a lead DHS official told the Potomac Officers Club Thursday. Phyllis Schneck, deputy undersecretary for cybersecurity and communications at DHS’ National Protection and Programs Directorate,  said cooperative research and development …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition,  logistics and technology — also …

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