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Tag Archives: jeffrey tarr

DigitalGlobe Buys Timbr to Add Data Science Tools in Extended Cloud & Analytics Push

Satellite imagery vendor DigitalGlobe (NYSE: DGI) has acquired data sciences services company Timbr in a continued push to expand cloud-based offerings and create new analytics techniques to manage large volumes of information, DigitalGlobe CEO Jeffrey Tarr told investors Tuesday. This deal comes nearly two weeks after Westminster, Colo.-based DigitalGlobe announced its $140 million …

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DigitalGlobe Inks $140M Deal for IC Geospatial Info Services Provider Radiant Group

Satellite imagery provider DigitalGlobe (NYSE: DGI) has agreed to purchase Chantilly, Virginia-based geospatial information services contractor The Radiant Group for $140 million in an effort to diversify revenue and add new offerings and staff to support the U.S. intelligence and special operations community. DigitalGlobe said Tuesday it expects to close the transaction subject to …

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Weekly Roundup September 19 – September 23 2016: KBR Becomes Major Govt Services Player & more

September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR’s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the business known as …

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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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Noblis’ Roger Mason Joins DigitalGlobe Board; Jeffrey Tarr Comments

Roger Mason, senior vice president of national security and intelligence at nonprofit research company Noblis, has received an appointment to serve on the board of directors at DigitalGlobe (NYSE: DGI). DigitalGlobe said Wednesday Mason will succeed Martin Faga, who plans to retire from the board at the end of the month after more than …

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

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, …

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

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 …

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

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 (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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