Latest US government Stories

MCLEAN, Va., Feb. 23 /PRNewswire-FirstCall/ -- Global Defense Technology & Systems, Inc. (Nasdaq: GTEC), a provider of mission-critical technology-based systems, solutions, and services for national security agencies and programs of the US government, today announced full year and fourth quarter 2009 financial results. Full Year and Fourth Quarter 2009 Results - Consistent with Expectations Revenue for the full year 2009 was $212.8 million, which represents 12.4% revenue growth (all...

US President Barack Obama, on Monday, announced new budget plans that will cut spending to NASA's moon program while jump-starting new advances in technologies for future human space exploration of Mars and beyond. In his new budget proposal, Obama wants to turn space travel over to commercial corporations. Billions of dollars could go to companies to build, launch and operate spacecraft for NASA and others; almost like a space taxi ride to the International Space Station and beyond....

SOUTHAMPTON, Pa., Jan. 12 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation (OTC Bulletin Board: ETCC) ("ETC" or the "Company") today announced financial results for the third quarter and nine months of fiscal 2010 which ended on November 27, 2009. The reader is referred to the Company's Quarterly Report on Form 10-Q for the period ended November 27, 2009, filed on January 11, 2010, for additional information on the Company's financial results. Overview ETC was...

KVISTGARD, Denmark, November 17 /PRNewswire-FirstCall/ -- Bavarian Nordic A/S (OMX: BAVA) announced today that BARDA (Biomedical Advanced Research and Development Authority) has awarded a new contract to Bavarian Nordic for the development of a freeze-dried version of its IMVAMUNE(R) smallpox vaccine with a total prospective value of USD 40 million. The contract provides funds to validate the new freeze-dried manufacturing process and the associated pre-clinical and clinical...

KVISTGARD, Denmark, November 11 /PRNewswire-FirstCall/ -- Today Bavarian Nordic published the company's third quarterly report 2009. The full report including the financial statements is available on the company's website: http://www.bavarian-nordic.com. In the first nine months of 2009 Bavarian Nordic generated revenue of DKK 53 million and recorded a loss before tax of DKK 261 million. As of 30 September 2009 the Group's net free liquidity was DKK 304 million The company...

EL SEGUNDO, CA, Oct. 21 /PRNewswire-FirstCall/ - COM DEV USA, LLC, a subsidiary of COM DEV International Ltd. (TSX: CDV), today announced that it has been awarded a contract valued in excess of US$7 million to supply passive microwave equipment for a US Government space program. The current contract covers work on the third spacecraft in a multiple-satellite constellation. It follows previous contracts on the first two satellites awarded to COM DEV USA through the Passive Microwave Devices...

The federal government is expected to loosen its control of the Internet as part of an agreement with the Internet Corporation for Assigned Names and Numbers (ICANN), a private non-profit corporation that coordinates and develops policy for the Internet's naming system.Under the "affirmation of commitments", ICANN would have autonomy to run its own affairs for the first time.   Under previous agreements, the U.S. held close oversight over ICANN -- an arrangement that drew...

WASHINGTON, Sept. 22 /PRNewswire-USNewswire/ -- With just over a week left before the expiration of the Joint Project Agreement (JPA) between the Internet Corporation for Assigned Names and Numbers (ICANN) and the Department of Commerce, the Coalition Against Domain Name Abuse (CADNA) urges the US government to closely re-examine ICANN's structure, governance, and oversight mechanisms before committing to any further long-term cooperation. Significant adjustments must be made to the JPA in...

NEW YORK, September 8 /PRNewswire/ -- The world top-20 language services group, thebigword (http://www.thebigword.com), has announced a major expansion of its Over the Phone Interpreting (OPI) operation in the United States. OPI enables people who speak different languages to communicate over the phone and hold a one-to-one conversation via an interpreter. thebigword will open new OPI hubs in New York and San Francisco to facilitate its growing US Government and private sector...

KVISTGAARD, Denmark, August 28 /PRNewswire-FirstCall/ -- Today Bavarian Nordic published the company's half-year interim report 2009. The full financial statements are available on the company's website: http://www.bavarian-nordic.com. Below is an extract of the most significant matters in the report as well as events after the balance sheet date. In the first half of 2009 Bavarian Nordic generated revenue of DKK 33 million and recorded a loss before tax of DKK 188 million. As of...