Tag Archives: market 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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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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CSC Financials Released; CEO Michael Laphen Comments on Public Sector Situation

CSC (NYSE: CSC) announced the firm’s third-quarter fiscal 2011 revenue stood just a hair above $4 billion coming in ahead of third-quarter fiscal 2010 revenue of $3.95 billion. “Our revenue growth of 1.4 percent (2.1 percent constant currency) reflects year over year growth within all of our business sectors, ” …

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GTEC Raises Guidance; CEO John Hillen Comments

GTEC (NASDAQ: GTEC) revised its fourth quarter 2010 guidance upward and provided initial full year 2011 guidance. “In the second half of 2010 we gained substantial momentum from significant new contract awards and the completion of two significant acquisitions, ” CEO John Hillen said. “Combined, these elements provide heightened visibility …

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Rockwell Collins Reels In Navy Deal

According to the Department of Defense, “Rockwell Collins (NYSE: COL) is being awarded a $7, 618, 512 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0069) to exercise an option to provide AN/ARC-210(V) Electronic Radio and Ancillary equipment in support of the CH-53E program, to include 132 each:  MT-4935 Mounting Bases; …

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Boeing Issues Financial Statement

Boeing (NYSE: BA) released the following financial announcement: “[The firm] will release its financial results for the fourth quarter of 2010 at 7:30 a.m. EST on Wednesday, Jan. 26. Boeing Capital Corp. results will also be released at that time. “Chairman, President and Chief Executive Officer Jim McNerney and Corporate …

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Financial Update from NCI

NCI, Inc. (NASDAQ:NCIT) released the following financial announcement: “[The firm] will issue its fourth quarter and year-end 2010 financial results after the market close on Wednesday, February 16, 2011. Management will then discuss the results in a conference call beginning at 5:00 p.m. Eastern. “Interested parties may listen to the conference …

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M.C. Dean, BAE Systems, Northrop Grumman Grab Defense Work

According to the Department of Defense, “M.C. Dean is being awarded a $85, 500, 000 indefinite-delivery/indefinite-quantity, cost-plus-incentive-fee modification to a previously awarded contract (N65236-07-D-5884) for command, control, communications, computers, intelligence, surveillance, and reconnaissance initiatives and programs supported by the Space and Naval Warfare Systems Center Atlantic, European Office.  The cumulative …

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Boeing Lassos Trio of DoD Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $241, 957, 000 firm-fixed-price contract.  The award will provide for 11 CH-47F Chinook remanufactured aircraft.  Work will be performed in Ridley Park, Penn., with an estimated completion date of Sept. 30, 2013.  One bid was solicited with one …

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