Financial Reports

ICF Reports $1.5B Revenue for 2020, Posts Q4 Results; John Wasson Quoted

John Wasson Chairman

ICF reported fourth quarter and full year results, which ended Dec. 31, 2020, on Thursday. The company's total revenue for 2020 amounted to $1.51 billion, increasing 1.9 percent over the $1.48 billion reported for full year 2019. "In 2020, one of the most challenging business periods in recent history, ICF reported 4 percent year-on-year growth in service revenue, and won a record $2 billion in contract awards, laying the foundation for strong future growth,“ said John Wasson, chairman and CEO of ICF and a 2021 Wash100 Award recipient. 

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LMI Reports $397M in 2020 Revenue; Doug Wagoner Quoted

Doug Wagoner President and CEO LMI

LMI recorded $397 million in revenue and $505 million in contract bookings in 2020. “As we continue the journey toward achieving our 2025 strategy, as an organization, we have remained agile to ensure we effectively address our government's most complex challenges, especially during these unprecedented times,“ said Doug Wagoner, president and CEO of LMI and a 2021 Wash100 Award recipient.

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Vectrus Reports Q3 2020 Financial Results; Chuck Prow Quoted

Chuck Prow President

Vectrus has announced its financial results for the third quarter, which ended Oct. 2, 2020. The company reported that the quarter revenue of $352.4 million was down slightly year on year by 2.1 percent due to COVID-19 pandemic related deferrals. "Third quarter results were solid, reflecting improved volumes and margin levels," said Chuck Prow, president and CEO of Vectrus and 2020 Wash100 Award recipient.

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Perspecta Reports Q2 FY 2021 Results; Mac Curtis Quoted

Mac Curtis Chairman

Perspecta has reported financial results for its second fiscal quarter ending Oct. 2. "Since our inception, we have consistently achieved solid execution across the enterprise, and this quarter is no exception. Once again, we delivered on our revenue, adjusted diluted earnings per share and free cash flow conversion expectations," said Mac Curtis, chairman and CEO of Perspecta and six-time Wash100 Award recipient. 

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SAIC Reports Q2 FY 2021 Financial Results; Nazzic Keene Quoted

Nazzic Keene CEO

Science Applications International Corporation (SAIC) has announced second quarter fiscal year 2021 results, which ended July 31, the company reported on Thursday. SAIC has estimated the second quarter impact from the COVID-19 pandemic to be approximately $65 million of revenue, $8 million of adjusted EBITDA and an immaterial net impact to free cash flow, primarily driven by reduced volume in the company's supply chain business. 

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CACI Reports Q4 2020 Results; John Mengucci Quoted

John Mengucci

CACI International has announced results for its fiscal fourth quarter and full year ended June 30. "Amid the headwinds from COVID-19, we achieved our financial commitments, delivering accelerating organic revenue growth, margin expansion, robust cash flow, and double-digit growth in contract awards and backlog,“ said John Mengucci, president and CEO of CACI and 2020 Wash100 Award recipient. 

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