22 : Veridian Corp.
Top 100 Revenue: $339,147,000
Defense revenue:
Civilian revenue:
2002 revenue: $834.1 million
2002 earnings : $12.3 million
2001 revenue: $690.2 million
2001 earnings: loss of $21.4 million
Number of employees: 7,300
Headquarters: Arlington, Va.
Web address: www.veridian.com
President/CEO: David Langstaff, president and CEO; Joseph Allen, chairman
Head of gov't business: Same as CEO
Ticker: NYSE: VNX
Lines of business: Network security and enterprise protection, intelligence, surveillance and reconnaissance, knowledge discovery and decision support, chemical, biological and nuclear detection, network and enterprise management, and systems engineering services.
Major customers: Air Force, National Reconnaissance Office, Navy
Major contracts/projects: Veridian is working on a contract in the law enforcement arena to deploy a prototype capability for information sharing among a variety of law enforcement and other agencies at different levels of government. Using knowledge management, data mining and link analysis tools, agencies at the federal, state and local level can share information that could not be shared in the past because there was no process to do so. The work represents an initial step toward the type of information sharing and cooperation that is consistently described as essential for the homeland security mission. UPDATE: General Dyanmics Corp. and Veridian have signed an agreement June 9 for Veridian to be purchased by General Dynamics for $1.5 billion. The deal is expected to close by the end of the third quarter of 2003.
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