Oct 26, 2009 08:01 Dynamics Research Corporation Receives Further Air Force Depot Work Through DESP-II Worth $8M Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting, engineering, and technology solutions to federal and state governments, today announced that it received its 16th and 17th task orders under the Air Force's Design and Engineering Support Program (DESP-II) contract to support the C-5 Landing Gear Integrity Program (LGIP) and the KC-135 Maintenance Burden Solution development (MBSD). The contracts have a combined projected value of $8.0 million. continued...
Oct 26, 2009 08:00 Lakeland Financial Reports Strong Results Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported net income of $5.3 million for the third quarter of 2009 versus $5.2 million for the third quarter of 2008. Diluted net income per share for the quarter was $0.36 versus $0.42 for the comparable period of 2008. On a linked quarter basis, net income increased 18% compared to net income of $4.5 million, or $0.29 per diluted share, for the second quarter of 2009. Net income performance for the quarter was the highest reported net income in the Bank's 138 year history. continued...