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Tag Archives: IRS

Textron 3Q Earnings Miss, Revenue Up 2% on Biz Jet Deliveries


Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS excluding a $0.76 benefit from settlements of Internal Revenue Service audits and the $0.27-after tax restructuring …

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Former H&R Block Exec Theresa Pattara Named Iron Mountain VP of North America Govt Affairs

Theresa Pattara

Theresa Pattara, a former H&R Block (NYSE: HRB) senior director for public policy and advocacy, has joined Iron Mountain (NYSE: IRM) as vice president of North America government affairs with responsibility over the implementation of a company-wide government engagement strategy. Iron Mountain said Tuesday the 20-year public policy and compliance veteran will promote …

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IRS Chooses Contractors for Outstanding Federal Tax Debt Collection Program


The Internal Revenue Service has selected CBE Group, Conserve, Performant and Pioneer to help the agency carry out an outstanding federal tax debt collection program authorized in December and scheduled to start in Spring 2017. The agency said Monday awardees will focus on overdue inactive tax receivables under certain accounts the IRS no longer …

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Honeywell, Textron Post 2Q Earnings Beats


Honeywell International (NYSE: HON) and Textron (NYSE: TXT) both posted second quarter earnings above analyst expectations before markets opened Friday. The GovCon Index and S&P 500-listed companies were mixed on the revenue front as Honeywell’s increased 2.25 percent from the prior year period but fell short of analyst estimates, while Textron’s …

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Lockheed Gets $100M IRS Submission Processing System Update Contract

lockheed martin

Lockheed Martin (NYSE: LMT) will help to update the Internal Revenue Service‘s processing systems for paper tax filings, remittances and information returns under a five-year, $100 million contract. The company said Wednesday it will operate and maintain the IRS systems that convert paper-based submissions to their electronic forms, process deposits to …

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IRS Issues $21.5 Million Contract Award to ICF International

ICF logo_Ebiz

The IRS awarded ICF International a five year contract (one base year and four optional years) for an estimated value of $21.5 million. ICF International announced Tuesday they will assist the IRS through data collection, analysis, and providing recommendations to improve customer service. The information ICF will provide will help the …

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Former DHS CIO Richard Spires Named Learning Tree CEO; David Collins Comments

Richard Spires

Richard Spires, formerly CEO of software firm Resilient Network Systems, has joined IT training provider Learning Tree International as CEO. Learning Tree said Wednesday Spires will succeed David Collins, who has left the executive position but will remain with the company as chairman of the board and management adviser. “I am pleased that Richard …

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Northrop to Help IRS Develop Shared Infrastructure; Ed Sturms Comments

Ed Sturms

Northrop Grumman (NYSE:NOC) has won a five-year, $62.2 million contract to develop an integrated and shared infrastructure for the Internal Revenue Service. The company’s information technology professionals and subject matter experts will perform architecture, engineering and development services under the task order, Northrop said Wednesday. The contractor will also lead a …

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Tetra Tech Wins $18M for McClellan AFB Environmental Cleanup


Tetra Tech (NASDAQ: TTEK) has won a $17.8 million contract to perform environmental cleanup services at a former air base for McClellan Business Park LLC, according to a company statement. Work will occur on transferred portions of the former McClellan Air Force Base under the installation restoration program, according to a Tetra …

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Unisys Wins Potential $650M IRS Enterprise Computer Support IDIQ; PV Puvvada Comments

PV Puvvada

Unisys (NYSE: UIS) has won a potential $650 million contract to help the Internal Revenue Service operate computers used to process tax returns and maintain taxpayer records. The single-award indefinite-delivery/indefinite-quantity contract contains one base year and nine option years and the company will perform work under task orders, Unisys said …

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