Tag Archives: government

August 5 Market Close: GovCon Index Climbs, US Stocks Neutral on Oil Losses & Tech Earnings Reports

The GovCon Index showed strong movement after three days of flat activity to record a gain of 0.672 points and close at 76.807. Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates. U.S. stocks traded in …

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

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

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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Potomac Officers Club’s FedRAMP Forum Panel Talks Cloud’s Evolution in Gov’t, Role of Vendors in Adoption

Executives from government and its contractors met Thursday at the Potomac Officers Club‘s FedRAMP Forum in Falls Church, Va. to discuss the governmentwide cloud computing initiative, as well as ways for vendors and agencies to collaborate further on cloud adoption. A panel of three executives from both sides of the public and …

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

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%

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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Fluor Reports 9% 1Q Revenue Bump for Gov’t Group

Fluor (NYSE: FLR) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Irving, Texas-based engineering and construction contractor said revenue in its government group increased 8.9 percent from the prior year period to $646 million and profit rose 18.4 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

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 …

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

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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DigitalGlobe FY 2014 Revenue Up 7%, Gov’t Sales Up 10%

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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