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<title>Defense Daily :: Market Sectors :: Financial</title>
<link>http://www.ddn.com</link>
<description>Defense Daily</description>
<language>en-us</language>
<copyright>2008</copyright>
<pubDate>Sun, 7 Sep 2008 22:24:20 EDT</pubDate>

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<title>SAIC Posts Solid Second Quarter Despite Net Income Drop</title>
<description>By Calvin Biesecker SAIC [SAI] on Wednesday posted solid second quarter results led by strong organic growth and record sales and a modest increase in income from continuing operations, which was hindered by non-recurring charges related to a civil judgment...</description>
<link>http://www.ddn.com/sectors/financial/3879.html</link>
<pubDate>Fri, 5 Sep 2008 0:00:00 EDT</pubDate>
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<title>Dem VP Pick Biden Has History On Arms Control, Missile Defense, Foreign Sales</title>
<description>By Emelie Rutherford Vice presidential nominee Sen. Joe Biden (D-Del.) brings to the Democratic ticket a reputation on Capitol Hill for questioning foreign-military sales, advocating for arms control, and calling for caution in developing missile-defense...</description>
<link>http://www.ddn.com/sectors/financial/3806.html</link>
<pubDate>Fri, 29 Aug 2008 0:00:00 EDT</pubDate>
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<title>Security Firm O'Gara Group Plans $150 Million IPO</title>
<description>By Calvin Biesecker The O'Gara Group, a security firm specializing in night vision equipment, training services, and armored vehicles for civil markets, last Friday filed plans with the Securities and Exchange Commission for an initial public offering (IPO)...</description>
<link>http://www.ddn.com/sectors/financial/3766.html</link>
<pubDate>Tue, 26 Aug 2008 0:00:00 EDT</pubDate>
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<title>Verified Identity Obtains $44.4 Million In Venture Funding</title>
<description>Registered Traveler (RT) service provider Verified Identity Pass yesterday said it has secured $44.4 million in venture funding from new and existing investors for use in furthering its membership growth and expanding its fast pass lanes at airport security...</description>
<link>http://www.ddn.com/sectors/financial/3722.html</link>
<pubDate>Thu, 21 Aug 2008 0:00:00 EDT</pubDate>
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<title>ManTech To Acquire Small Cyber security Firm ETG</title>
<description>ManTech International [MANT] yesterday said that it has agreed to acquire Emerging Technologies Group (ETG), a woman-owned, service disabled veteran owned small business specializing in computer forensics and network analysis. Terms of the acquisition, which...</description>
<link>http://www.ddn.com/sectors/financial/3711.html</link>
<pubDate>Wed, 20 Aug 2008 0:00:00 EDT</pubDate>
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<title>GD To Expand Business Jet Services With $2.3 Billion Acquisition</title>
<description>By Calvin Biesecker General Dynamics [GD] yesterday said that it has agreed to acquired Switzerland-based Jet Aviation, in a $2.3 billion cash deal that significantly boosts its capabilities as a business jet services provider and gives it a global presence...</description>
<link>http://www.ddn.com/sectors/financial/3717.html</link>
<pubDate>Wed, 20 Aug 2008 0:00:00 EDT</pubDate>
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<title>SI International Posts Big Earnings Decline</title>
<description>SI International [SINT] yesterday said that its net income fell 24 percent in the second quarter despite strong sales growth as delays in several programs crimped margins. The company also announced this week that its planned $25 million acquisition of...</description>
<link>http://www.ddn.com/sectors/financial/3469.html</link>
<pubDate>Wed, 30 Jul 2008 0:00:00 EDT</pubDate>
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<title>Eurocopter Lands Potential $150 Million CBP Deal</title>
<description>By B.C. Kessner ROME--The American Eurocopter subsidiary of European Aeronautic Defence and Space Co. (EADS) North America said late last week it was awarded a contract worth up to $150 million by the Department of Homeland Security to provide U.S. Customs...</description>
<link>http://www.ddn.com/sectors/financial/3471.html</link>
<pubDate>Wed, 30 Jul 2008 0:00:00 EDT</pubDate>
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<title>Northrop Grumman Posts Higher Earnings, Sales, Despite Mixed Operating Results</title>
<description>By Calvin Biesecker Northrop Grumman [NOC] yesterday reported solid increases in net income and sales although the higher earnings were driven by lower corporate and pension expenses as three of the company' operating segments saw their income decline despite...</description>
<link>http://www.ddn.com/sectors/financial/3473.html</link>
<pubDate>Wed, 30 Jul 2008 0:00:00 EDT</pubDate>
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<title>L-3 Posts Solid Quarter</title>
<description>L-3 Communications [LLL] yesterday reported solid second quarter earnings and sales aided in part by some one-time gains and to a lesser extent some acquisitions. Net income increased 48 percent to $278 million, $2.24 earnings per share (EPS), from $188...</description>
<link>http://www.ddn.com/sectors/financial/3419.html</link>
<pubDate>Fri, 25 Jul 2008 0:00:00 EDT</pubDate>
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<title>Missiles, Support Activities Help Drive Strong Earnings At Raytheon</title>
<description>By Calvin Biesecker Raytheon [RTN] yesterday reported strong second quarter financial results driven by strong earnings at its missiles, and mission and training support businesses coupled with improved operating performance, lower pension expenses and growth...</description>
<link>http://www.ddn.com/sectors/financial/3425.html</link>
<pubDate>Fri, 25 Jul 2008 0:00:00 EDT</pubDate>
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<title>GD's Earnings, Sales Climb On Broad Strength</title>
<description>By Calvin Biesecker Streaking along so far this year, General Dynamics [GD] yesterday reported strong second quarter financials driven by higher earnings, sales and margins at each of its operating segments. The strong results, coupled with an equally...</description>
<link>http://www.ddn.com/sectors/financial/3408.html</link>
<pubDate>Thu, 24 Jul 2008 0:00:00 EDT</pubDate>
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<title>Boeing Posts Weak Quarter As Commercial Aircraft, Defense Earnings Fall</title>
<description>By Calvin Biesecker Boeing [BA] yesterday posted weak second quarter financial results, driven in part by a previously disclosed charge on an international military aircraft program but also on an unexpected dip in commercial aircraft profits as company wide...</description>
<link>http://www.ddn.com/sectors/financial/3411.html</link>
<pubDate>Thu, 24 Jul 2008 0:00:00 EDT</pubDate>
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<title>Space, Information Systems Lift Lockheed Martin's Earnings</title>
<description>By Calvin Biesecker Lockheed Martin [LMT] yesterday posted strong second quarter earnings due to big gains at its Space and Information Systems segments and the world's largest defense contractor raised its profit forecast for the year due to previous land...</description>
<link>http://www.ddn.com/sectors/financial/3399.html</link>
<pubDate>Wed, 23 Jul 2008 0:00:00 EDT</pubDate>
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<title>SI International To Acquire Small Service Firm With DoD Business</title>
<description>SI International [SINT] yesterday said that it has agreed to acquire veteran-owned Arrowpoint Corp., which provides information technology and professional services primarily to the Defense Department, for $16 million in cash plus the potential for another $9...</description>
<link>http://www.ddn.com/sectors/financial/3331.html</link>
<pubDate>Thu, 17 Jul 2008 0:00:00 EDT</pubDate>
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<title>Rockwell Collins Posts Strong Third Quarter</title>
<description>By Calvin Biesecker Rockwell Collins [COL] last Friday reported strong third quarter financial results due to improved operating margins and solid sales and the company raised its year-end earnings guidance a nickel. Despite bleak headlines in the energy...</description>
<link>http://www.ddn.com/sectors/financial/3293.html</link>
<pubDate>Tue, 15 Jul 2008 0:00:00 EDT</pubDate>
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<title>Wedgetail Delays To Hit Boeing's Second Quarter Earnings But 2008 Guidance Intact</title>
<description>Boeing [BA] yesterday said it would take a $250 million pre-tax charge in its second quarter earnings results due to previously acknowledged delays on an aircraft program it is developing for Australia but the company maintained its earnings guidance for this...</description>
<link>http://www.ddn.com/sectors/financial/3276.html</link>
<pubDate>Fri, 11 Jul 2008 0:00:00 EDT</pubDate>
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<title>DRS Posts Higher Earnings, Sales In Fourth Quarter</title>
<description>DRS Technologies [DRS] late last Thursday posted higher fourth quarter earnings and sales although it benefited in good measure from a restatement of a hefty charge from the first quarter of fiscal year 2008 to the company's fourth quarter of 2007. An 18...</description>
<link>http://www.ddn.com/sectors/financial/2875.html</link>
<pubDate>Tue, 3 Jun 2008 0:00:00 EDT</pubDate>
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<title>DHS Renews Bid To Consolidate Disparate Financial Systems</title>
<description>By Calvin Biesecker Following one failed attempt and another that never really got far, the Department of Homeland Security (DHS) has renewed its efforts to find help from industry in consolidating the legacy financial and asset management systems that are...</description>
<link>http://www.ddn.com/sectors/financial/2851.html</link>
<pubDate>Mon, 2 Jun 2008 0:00:00 EDT</pubDate>
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<title>ATK Posts Strong Fourth Quarter On Lower Expenses, Higher Ammo, NASA Sales</title>
<description>By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported a strong end to its fiscal year 2008 led by growth in its civil ammunition, NASA, advanced weapons and composite structures businesses and lower corporate and pension expenses. The lower pension...</description>
<link>http://www.ddn.com/sectors/financial/2613.html</link>
<pubDate>Fri, 9 May 2008 0:00:00 EDT</pubDate>
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