Break out the respirator, more lack luster news as SAIC goes on life support from DOD?
SAIC
SAIC is a defense contractor headquartered in McLean, Virginia and is expected to report Wednesday that third-quarter fiscal 2013 earnings of $0.34 per share, compared to a net loss of $0.27 per share a year ago. SAIC earnings fell short of analysts' expectations in three of the past four quarters. Revenue for the quarter is predicted to have risen marginally to $2.84 billion. So far, analysts expect sequential declines of both revenue and per-share earnings in the current quarter.Read more: http://www.benzinga.com/news/earnings/12/12/3137198/earnings-expectations-for-the-week-of-december-3#ixzz2E1MEGvOP
Meanwhile back at the farm...Global Harvest - counter intelligence gets extended as a sole source contract by the DOD to SAIC...?
"Called Global Harvest, the little-known program has for years been run by defense contractor SAIC on behalf of the Air Force Intelligence, Surveillance and Reconnaissance Agency." http://www.defensenews.com/article/20121129/DEFREG02/311290004/Terror-Targets-DOD-Extends-Contract-SAIC-8217-s-8216-Global-Harvest-8217-Counterterror-Intelligence-Program?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE
Not a porn star general John Jumper, now CEO SAIC cleanups up sex scandal at airforce academy? http://www.pbs.org/newshour/bb/military/jan-june03/airforce_3-26.html
"The basics of what we're about to do have to do with a return to character at the United States Air Force Academy. Our pledge that we'll graduate cadets and officers from the air force academy that are imbued with the fundamental principles of character, honor and integrity is our charter and our firm intention to return to that."
A toast to Integrity today!
