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Leidos’ Gerry Fasano Honored With 4th Consecutive Wash100 Award for Leadership in Defense IT Services & C5ISR Mission Support

Executive Mosaic is pleased to announce Gerry Fasano, president of the defense group at Leidos, a winner of the 2023 Wash100 Award for his leadership over the company’s continued efforts to bring technological capabilities and services to the national defense mission. This marks his fourth consecutive selection to the annual list of the government contracting sector’s top […] More

by Naomi Cooper February 2, 2023, 11:52 am
in Financial Reports, News

Booz Allen Registers Q3 FY 2023 Revenue Growth, Higher Backlog; Horacio Rozanski Quoted

Booz Allen Hamilton booked $2.28 billion in revenue for the third quarter of its 2023 fiscal year, a 12.1 percent increase over the year-ago period. Sales rose to $6.83 billion for the nine months ended Dec. 31, 2022, from the $6.13 billion recorded in the prior-year period, the management and information technology consultancy said Friday. […] More

by Regina Garcia January 27, 2023, 11:34 am
in Financial Reports, News

Textron Logs 2022, Q4 Net Income Hike on Solid High Record Deliveries; Aviation Business Drives Revenue Growth

Textron reported a net income of $861 million for the full 2022 period, up from the $746 million logged in the prior year. The defense and industrial conglomerate said Wednesday profit increased to $226 million for the fourth quarter from $207 million in the same period a year ago. Earnings from continuing operations income were […] More

by Regina Garcia January 26, 2023, 11:44 am
in Financial Reports, News

General Dynamics Books Higher FY 2022, Q4 Profit; Logs $91B Record Backlog

General Dynamics reported a profit of $3.39 billion for its 2022 fiscal year, up 4.1 percent from the prior-year period. Net earnings for the October-December quarter reached $992 million, or $3.58 per share, compared with the $952 million logged over the same period in 2021, the company said Wednesday. Revenue for the period rose 5.4 […] More

by Regina Garcia January 25, 2023, 11:51 am
in Press Releases

Dan Jablonsky on Maxar’s Financial Performance in Full Year 2021

TYSONS CORNER, VA, March 14, 2022 — Maxar Technologies recorded $1.77 billion in consolidated revenues for the full year ended Dec. 31 and attributed the increase to its Earth intelligence and space infrastructure segments’ financial performance, GovCon Wire reported. “Our performance this year demonstrates that we are executing on our strategic growth plans. We generated […] More

by Christine Thropp March 14, 2022, 4:35 am
in Cybersecurity News, News

John Wood: Cyber Tech Demand Drives Telos Security Business

Chairman and CEO John Wood attributed Telos’ fiscal year 2021 second quarter performance in part to sales in the company’s security business as more government and commercial customers seek technologies to fend off sophisticated cyber threats. Wood told the Washington Business Journal in an interview that he views Telos Ghost and Xacta platforms as “a […] More

by Mary-Louise Hoffman August 24, 2021, 11:40 am
in Financial Reports, News

Leidos Posts 18% Revenue Jump for Q2, Backs 2021 Guidance; Roger Krone Quoted

Leidos reported $3.4 billion in revenue for the second quarter of its 2021 fiscal year, 18 percent higher than the same period last year, and quarterly earnings of $1.52 per share. The Reston, Virginia-based contractor also held to its 2021 sales outlook in the $13.7 billion-$14.1 billion range, and earnings of between $6.35 and $6.65 […] More

by Mary-Louise Hoffman August 4, 2021, 11:36 am
in Financial Reports, News

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

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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by Sarah Sybert February 26, 2021, 11:10 am
in Government Technology, News, Wash100

Maximus President, CEO Bruce Caswell Receives Third Consecutive Wash100 Award; Executive Mosaic CEO Jim Garrettson Quoted

Executive Mosaic has recognized Bruce Caswell, president and CEO of Maximus, with his third consecutive Wash100 Award for his leadership, focus and commitment to the government contracting industry and his leadership in the face of the global COVID-19 pandemic that has created substantial change to the federal marketplace. Visit GovConWire to read Bruce Caswell's full 2021 Wash100 Award profile.

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by William McCormick February 25, 2021, 1:50 am
in Government Cloud, Government Technology, News

Arvind Krishna: IBM Eyes Hybrid Cloud Revenue Through Partnerships

IBM CEO Arvind Krishna said the company will sharpen its focus on partnerships to drive revenue during the next five years in a push to become known as the leading global hybrid cloud and artificial intelligence provider, CRN reported Monday. “I want our partners to be the best at establishing a hybrid architecture at our clients and establishing an AI footprint at our clients,“ Krishna told the publication.

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by Brenda Marie Rivers February 23, 2021, 5:35 am
in Financial Reports, News

Northrop’s Annual Sales Hit $36.8B in 2020; Kathy Warden Quoted

Northrop Grumman has reported its 2020 financial results. The company's fourth quarter sales increased 17 percent to $10.2 billion while its annual sales grew 9 percent to $36.8 billion. "Our team continues to show resilience and agility,“ said Kathy Warden, chairman, CEO and president of Northrop Grumman and 2020 Wash100 Award recipient.

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by Sarah Sybert January 29, 2021, 10:55 am
in Financial Reports, News

Vectrus Reports Q3 2020 Financial Results; Chuck Prow Quoted

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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by Sarah Sybert November 13, 2020, 11:11 am

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