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Tag Archives: sales

Gov’t Services Vet Paul Averna Joins Three Wire Systems as Enterprise Sales SVP

Paul Averna

Paul Averna, former vice president of enterprise solutions at Micro Focus and a U.S. Navy veteran, has joined Three Wire Systems as senior vice president for enterprise sales at the Falls Church, Virginia-based information technology services contractor. He will oversee sales efforts intended to help increase Three Wire’s footprint across the government IT market in his new position, the …

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SAIC 2Q Earnings Top Street on Integration Cost Decline, Revenue Flat

SAIC logo

Science Applications International Corp. (NYSE: SAIC) reported second quarter earnings above analyst forecasts before markets opened Thursday with a year-over-year increase to net income in part on lower acquisition and integration costs. GovCon Index-listed SAIC said earnings for the quarter ended Aug. 5, 2016 came in at 85 cents per share …

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Mark Anderson Promoted to Palo Alto Networks President, Dave Peranich Named Worldwide Sales EVP

Palo Alto Networks logo

Mark Anderson, formerly executive vice president of worldwide field operations at Palo Alto Networks (NYSE: PANW), has been promoted to president at the Santa Clara, California-based firewall provider. Palo Alto Networks said Monday he will report directly to Chairman and CEO Mark McLaughlin and be responsible for helping drive the company’s sales, go-to-market, customer support and business development strategies. …

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August 18 Market Close: GovCon Index Lifted on CACI Earnings Beat, Energy Leads US Stock Gains on Oil Spike


Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) helped …

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CACI 4Q Earnings, Sales Exceed Street Estimate as FY 2016 Results Also Top Analyst Outlook

CACI logo_Ebiz

CACI International (NYSE: CACI) topped Wall Street’s expectations for earnings and revenue in the GovCon Index-listed government services contractor’s fourth quarter and fiscal year 2017 financial results released before markets opened Thursday. Arlington, Virginia-based CACI’s February acquisition of the former L-3 National Security Solutions business drove net income and sales growth in both the …

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August 11 Market Close: GovCon Index Swings Positive on Orbital ATK Rebound & Lockheed Rise


Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the …

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CSRA Shows Openness to Deals With ‘Cloud-Enabled Digitization’ Factor, 1Q Earnings Top Street Outlook


CSRA (NYSE: CSRA) is open to acquisitions and has allocated a portion of its cash deployment strategy for potential deals, the company’s chief executive told investors Wednesday. “They have to give us a technology edge as we think about cloud-enabled digitization of the marketplace. We always look for customer intimacy and competitive …

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August 10 Market Close: GovCon Index Falls on Orbital ATK Plunge After Accounting Disclosure


Executive Mosaic’s GovCon Index recorded its worst session in four weeks Wednesday despite gainers as the clear majority after Orbital ATK (NYSE: OA) announced it would restate all financial results dated back to April 2014. Shares in Orbital ATK plummeted 20.25 percent — or $17.987 — at the stock’s biggest one-day loss in nearly a year after the space systems …

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Orbital ATK to Restate Financials & Delay 2Q Filing on Accounting Review


Orbital ATK (NYSE: OA) said Wednesday it plans to restate almost two years of financial results on accounting issues and will delay the filing of its quarterly report for the most recent quarter as the company carries out an accounting review in its defense segment. The Dulles, Virginia-based space systems and ammunition maker said …

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Vectrus Lifts 2016 Earnings, Revenue Guidance


Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second half and expectations of extra payments on debt. The Colorado Springs-based government communications services contractor now expects earnings per share in the $2.07-$2.32 range versus the previous $2.02-$2.31 range with revenue of $1.18 billion-$1.2 billion compared to …

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