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Tag Archives: revenue

AECOM Posts Net Loss for 1Q, Sales Up 2% From Prior Year Period

AECOM

AECOM Technology Corp. (NYSE: ACM) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a net loss of $20.37 million for the first quarter of its 2016 fiscal year. The first quarter loss for the Los Angeles-based engineering and construction services contractor amounted to 13 …

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February 4 Market Close: GovCon Index Narrowly Exits Correction on CACI Guidance Lift, Cubic & Maximus 1Q Misses Weigh

GovConIndexUP

The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With …

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CACI Lifts FY 2016 Guidance on NSS Buy, Posts 23% Profit Jump for 2Q to Top Street Estimate

CACI logo_Ebiz

CACI International (NYSE: CACI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has adjusted its fiscal year 2016 guidance to reflect the company’s $550 million acquisition of the former L-3 Communications (NYSE: LLL) national security solutions segment that closed Tuesday. The Arlington, Va.-based government services contractor …

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February 2 Market Close: GovCon Index Falls 2% on Harris Revenue Forecast Cut, Oil Declines Weigh on US Markets

GovConIndexDOWN

The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the …

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Harris Lowers FY 2016 Revenue Outlook on Energy Price Declines, Lifts Earnings Guidance Despite 2Q Loss

HARRIS

Harris Corp. (NYSE: HRS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has cut revenue guidance for its 2016 fiscal year on global declines in oil prices that have affected the company’s outlook for the CapRock remote communication services business. The Melbourne, Fla.-based communications technology manufacturer — …

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CACI Closes $550M L-3 NSS Govt Services Business Buy; Ken Asbury, Michael Strianese Comment

acquisition, merger

CACI International (NYSE: CACI) has completed its $550 million cash acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) as part of a growth strategy to target enterprise information technology and intelligence markets. CACI said Monday it expects NSS, a mission services provider for the government sector, …

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Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 …

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Raytheon Forecasts Higher Sales, Earnings in 2016 as 2015 & 4Q Profit Beat Street Estimate

Raytheon logo

Raytheon (NYSE: RTN) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $7.12 per share for its full 2015 fiscal year and $1.93 for the fourth quarter to exceed Wall Street’s expectations on both counts. The Waltham, Mass.-based defense technology contractor also posted …

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L-3 Reports Net Loss for 4Q, FY 2015 on Services Segment Writedown & Sale

L-3 logo

L-3 Communications (NYSE: LLL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a net loss for the second consecutive quarter on a writedown in its government services segment the company is in the process of divesting. The New York City-based defense electronics manufacturer agreed …

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January 27 Market Close: Boeing, Booz Allen, Textron Declines Drag GovCon Index Below 70 to 3-Month Low

GovConIndexDOWN

The GovCon Index plunged 2.438 percent to 69.664 in its first close below the 70-point mark for the first time in almost four months to keep the 30-company listing in a correction, or at least 10 percent down from its most recent high. Boeing (NYSE: BA) — also a Dow …

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