Cisco issues warning about performance
Analysts think it may take several quarters before turnaround is completed at Cisco Systems.
New business pushes up SRA's third-quarter numbers
SRA International Inc. saw revenue grow almost 10 percent over the same quarter last year. What's behind their growth?
Lagging sales push GD into shopping mode
General Dynamics Corp. is in the market to buy some companies as the result of last year’s smallest sales increase since 1995.
Cisco launches reorg
Networking company makes changes to fix poor performance.
BRAC business helps boost NCI's first-quarter numbers
NCI Information Systems Inc. reported first-quarter 2011 revenue of $150.2 million, all organic, an increase of 31 percent over first-quarter 2010 revenue of $115.0 million, primarily due to growth in the Base Realignment and Closure contracts.
Organic growth, awards drive CACI’s record third quarter
CACI International Inc. racked up a record third-quarter fiscal 2011 with revenue of $913.4 million, an increase of 16.5 percent from the third quarter a year ago. Operating income grew 30.6 percent over the prior year period to a record $61.8 million.
Former Stanley CEO joins Pragmatics board
With the addition of former Stanley chairman, president and CEO Philip Nolan to its advisory board, Pragmatics has begun laying the foundation for an eventual initial public offering.
CACI reveals repurchase program
CACI announces it will buy back $175 million in stock.
ManTech first-quarter numbers show growth across the board
ManTech International Corp. saw its first-quarter 2011 revenue reach $700.9 million, up 19 percent from $587.6 million in the first quarter of 2010, according to a company statement released at the close of business April 28.
General Dynamics racks up 'solid' first-quarter numbers in 2011
General Dynamics Corp. reported first-quarter 2011 net earnings of $618 million, compared to $597 million in the first quarter of 2010. Revenues increased over the year-ago period to $7.8 billion.
Conditions are right for private equity buyers
The government market is experiencing an uptick in private equity buyers that are chasing larger and larger acquisitions.
Level 3 pays $3B to acquire Global Crossing
Level 3 Communications Inc. is acquiring Global Crossing Ltd. in a tax-free, stock-for-stock transaction for approximately $3 billion, including the assumption of approximately $1.1 billion of debt.
Anatomy of SRA's $1.9B sale
Documents filed with the Securities and Exchange Commission last week trace the process behind the $1.9 billion sale of SRA International Inc. to Providence Equity Partners.
Northrop Grumman scuttles its shipbuilding unit
Northrop Grumman Corp. today completed the spin-off of its Huntington Ingalls Industries Inc. subsidiary, which designs, builds, and maintains nuclear and non-nuclear ships for the Navy and Coast Guard.
Don't let today's market frighten you
Current conditions in the federal market might scare some investors, but a long-term view shows the government is still a good bet.
SAIC to pursue bolder acquisition strategy, sell off a portion of its business
As contractors make moves to realign businesses with growing sectors, SAIC is selling off oil and gas IT service units and buoying its acquisition strategy.
SAIC reports modest increases in fourth-quarter, fiscal 2011 revenues
SAIC saw its fourth-quarter revenues increase 3 percent over the previous year's quarter, from $2.68 billion to $2.77 billion, while revenues for fiscal 2011 rose a modest 2 percent overall to $11.1 billion.
5 M&A trends dominating the market
The conditions that made 2010 a stellar year for mergers and acquisitions promise to do the same for 2011.
CFO role moves beyond dollars and cents
Government contractors must have a chief financial officer who understands operations, business development and other critical issues that affect a company's success.
GTSI suspension sends 2010 revenues into the red
GTSI Corp.’s fourth quarter and fiscal 2010 were significantly affected by the Small Business Administration’s temporary suspension of the company in October and the costs involved in getting that suspension lifted, the company reported today.
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