Tag Archives: revenue

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.
 

General Dynamics has initiated portfolio shaping efforts through its $9.7B acquisition of CSRA and recent move to divest its government call center business, the Washington Business Journal reported Wednesday. Maximus agreed earlier this month to purchase General Dynamics Information Technology’s federal citizen engagement centers for $400M in cash to expand its capabilities …

Advanced Concepts and Technologies International has been selected for two years in a row as a finalist in one of the Contractor of the Year categories of the Greater Washington Government Contractor Awards. ACT I said Tuesday the company is vying for the award for contractors with $25M to $75M …

  E3 Federal Solutions has been named one of the six finalists in the 16th Annual Greater Washington Government Contractor Awards’ “Contractor of the Year” category for companies with $75M to $300M in annual revenue. E3 Founder and CEO Everett Johnson said in a statement the company’s growth seeks to reflect …