Tag Archives: revenue

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.

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. 

ICF has reported results for the third quarter 2020, which ended Sept. 30, the company reported on Thursday. ICF announced that the total revenue for the third quarter was $360.3 million, which is 3.6 percent below the third quarter of 2019, as a result of lower pass-through revenues.

Excelicon has been named to Washington Business Journal’s 2020 75 Fastest Growing Companies for the second year in a row, the company reported on Monday. Excelicon has achieved the recognition for its notable revenue growth throughout the year. The Washington Business Journal ranks independently owned companies headquartered in DC by average revenue growth.

Horacio Rozanski, president and CEO of Booz Allen Hamilton and a two-time Wash100 awardee, said he believes the company is geared up for growth driven by its recent financial performance and market position to address federal agency clients’ demand for technologies, The Washington Business Journal reported Friday.

Perspecta has announced financial results for the fourth quarter and fiscal year that ended March 31, the company reported on Friday. 

Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.

Leidos has reported financial results for the first quarter of fiscal year 2020, noting revenues for the quarter were $2.89B, operating income for the quarter was $192M and operating income margin decreased to 6.6 percent from 7.5 percent in the prior year quarter, due to COVID-19, the company announced on Tuesday. 

Blueprint Consulting Services Group has announced its intent to rebrand as Excelicon, effective Feb. 24, the company reported on Wednesday. 

Blueprint Consulting Services Group has been recognized on the Washington Business Journal's list of the fastest-growing companies in the Greater Washington region for 2019.

Israel-based Elbit Systems has agreed to acquire the night vision business of Harris, which now operates as L3Harris Technologies, for $350M and CEO Bezhalel Machlis said he expects to close the transaction in the early fourth quarter of 2019, Reuters reported Thursday.

TYSONS CORNER, VA, March 8, 2019 — KBR (NYSE: KBR) has reported an 18-percent increase in full-year revenue to $4.9B in fiscal year 2018 and $1.3B in revenue in the fourth quarter, which President and CEO Stuart Bradie says is the company’s eighth straight quarter with “strong revenue, earnings and …

TYSONS CORNER, VA, March 7, 2019 — Vectrus (NYSE: VEC) has recorded a 15-percent increase in full-year revenue to reach $1.3B in 2018 and an operating income of $48.3M following several contract awards that CEO Chuck Prow says have helped expand the company’s geographic and client footprint, GovCon Wire reported …

ManTech International plans to build on the revenue growth and expand its portfolio with the addition of space-related contracts, the Washington Business Journal reported Friday. "Space is definitely one of our top strategic thrusts moving forward for expansion," said Damian DiPippa, senior vice president and general manager of ManTech's mission, cyber and intelligence solutions business unit.

James Reagan, executive vice president and chief financial officer of Leidos, has said the company is more interested in buying products companies than services providers, Inside Defense reported Tuesday. “We don't need more of what we've got. … The things that we're looking for to build the company inorganically would be the kind of company with both a services and product differentiator,” he told analysts during the company’s earnings call Tuesday.