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
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
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.
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.
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.
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.
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.
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