* Versar, a Springfield company that provides environmental and defense services, said it earned $329,000 (5 cents per share) in the three months ended Dec. 31, down from $661,000 (10 cents) in the year-earlier period. Fiscal second-quarter revenue fell to $15.4 million from $18.3 million. Shares of Versar closed at $2.34, down 6 cents.
* LCC International, a McLean wireless telecom firm, lost $5.3 million (26 cents per share) in the three months ended Dec. 31, compared with a loss of $816,000 (4 cents) in the same period of 2001. Fourth-quarter revenue fell to $20 million from $24.1 million. For 2002, LCC lost $28.7 million ($1.37). It lost $17 million (81 cents) in 2001. Annual revenue fell to $67.1 million, from $130.6 million in 2001. Shares of LCC closed at $2.14, down 2 cents.
* ICG Government, a new management consulting company, has been formed by three former top government technology executives. The founders are Paul R. Brubaker, formerly chief executive of Aquilent and deputy chief information officer for the Defense Department; Donald W. Upson, who was previously Virginia's secretary of technology; and Alan P. Balutis, formerly the director of management and budget as well as chief information officer of the Commerce Department. ICG also said it will work closely with Chantilly market research firm Input.
Compiled from reports by Washington Post staff writers