BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | February 6, 2013
KEYW Holding Corp., a Hanover cybersecurity company, said Wednesday that it had $1 million in profit last year, nearly double its profit of $535,000 in 2011. The company reported $243.5 million in revenue last year, up 28 percent from $190.6 million the previous year. Earnings per share were 3 cents last year, up from 2 cents in 2011. The company said one-time expenses, including acquisition costs, reduced per-share earnings by 42 cents in 2012. KEYW, which specializes in intelligence and defense work, said it employed 1,104 people at the end of December.
NEWS
The Baltimore Sun | November 5, 2012
A 41-year-old man died early Monday when his car struck a guard rail and caught fire in Hanover. The Anne Arundel County police department identified the deceased driver as Vernon Bryant Jr. of the 7500 block of Maiden Head Drive in Hanover. According to police, officers responded at 1:07 a.m. to a report of an accident involving a vehicle striking a guard rail on Corporate Center Drive near Old Stoney Run Way. Officers reported finding a 2011 GMC SUV on fire and severely damaged by the guard rail.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | October 31, 2012
KeyW Holding Corp., a Hanover-based technology and cybersecurity firm that contracts with U.S. intelligence agencies, reported a profit increase in the third quarter that matched Wall Street analysts' expectations. The company, which delayed its earning release this week because the Nasdaq market was closed due to Superstorm Sandy, reported a $341,000 profit, or one cent per diluted share, for the quarter ending Sept. 30. Wall Street analysts had expected a one cent-per-share profit.
BUSINESS
Gus G. Sentementes | October 2, 2012
KEYW Holding Corp. is making good on an ambitious plan to grow, organically and through acquisitions, into a company that can respond quickly to the needs of its federal defense clients. The Hanover-based company said today it completed the acquisition of Poole & Associates Inc., of Annapolis Junction, for $126 million in cash and stock. The acquisition was announced Sept. 10. It has bought several companies since its founding in 2008, and going public in 2010. The company also is returning to the public market to raise more capital.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | September 25, 2012
KEYW Holding Corp., a Hanover-based defense contractor, on Tuesday said it intends to sell 7.4 million shares at a public offering of $11.75 per share in an effort to raise money to pay down debt and to fund a recent corporate acquisition. The company raised its offering from last week, when it said it intended to sell 6.5 million shares. The publicly traded company, which counts the National Security Agency and other Department of Defense agencies as customers, said this month it intended to acquire Poole & Associates Inc., of Annapolis Junction, for $126 million in cash and stock.
NEWS
By Jessica Anderson, The Baltimore Sun | August 1, 2012
A Frederick man fell to his death at a new condo construction site in Hanover Tuesday morning, Anne Arundel County police said. Ismael Celestino Lopez-Rojas, 32, an employee for a subcontractor of roofing company Topper Construction, had climbed onto a roof of the three-story condo at 1475 Dorsey Road to secure a safety-anchor, when police said he apparently lost his footing, and fell off of the roof, shortly before 7 a.m. Lopez-Rojas, of...