NCI reports sales decline

NCI said today sales in its most recent quarter fell nearly 5 percent to hit about $82 million.

"This decrease was principally due to completed contracts and reductions in staffing and scope of work on certain contracts," the company said.

However, NCI saw higher sales through the expanded PEO Soldier program, which accounted for nearly 17 percent of the contractor's quarterly sales. NCI's Cyber Network Operations and Security Support program provided 11.4 percent of sales, up from 6.6 percent in the same period a year earlier.

Quarterly profit hit $3.2 million, an increase of about 6 percent from the previous year.