GovCon Expert McAleese Analyzes Defense Sector Q2 Results

Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, estimates 4 percent to 7 percent growth in overall second quarter sales among defense primes.

His analysis of contractor Q2 results covered Boeing (NYSE: BA), BAE Systems, General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), L3Harris Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX).

McAleese estimates sector profit growth of 7 percent to 15 percent for the quarter and a 6 percent increase in overall cash flow among major defense contractors for the first half of 2021.

He noted that sector performance reflects the effectiveness of immediate actions taken by the Department of Defense to protect the defense industrial base.

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

Former AWS Executive Jillian Swenson Named SentinelOne Federal Sales VP

SentinelOne has appointed Jillian Swenson as vice president of federal sales. Swenson, who announced the appointment in a LinkedIn post, will…

HPE’s Jim Kelly on Agentic AI for Proactive, Self-Driving Networks

Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…

Raytheon Lands $2B Air Force Contract Modification for AEHF Terminal Work

RTX subsidiary Raytheon has secured a $2.01 billion contract modification from the U.S. Air Force to continue work on the…

SAIC Logs $7.3B Revenue for FY26, Issues FY27 Guidance

SAIC has reported fourth-quarter revenues of $1.75 billion and full fiscal year 2026 revenues of $7.26 billion. In the company’s…

AeroVironment Acquires ESAero in $200M Deal to Expand UAS & AAM Capabilities

AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…

USPTO Acting CDAO & Former xAI Exec Robert Hayes to Keynote 2026 AI Summit

The Potomac Officers Club is honored to announce that Robert Hayes, acting chief artificial intelligence officer at the U.S. Patent and…

GreyNoise Appoints Mike Habte as Federal Sales Director

GreyNoise Intelligence has appointed Mike Habte, a federal technology sales and business development executive, as director of federal sales to…

Anduril Lands Potential $20B Army Enterprise Contract for Commercial IT

The U.S. Army has awarded Anduril Industries a potential 10-year, $20 billion contract to consolidate the procurement of the company’s…

Motorola Solutions Acquires Exacom for 911 Recording Technology

Motorola Solutions has acquired Exacom, a provider of cloud-native recording and logging technology used to capture 911 calls and radio…

Boeing Secures Two Air Force Contract Modifications Totaling $2.4B for E-7A Work

The U.S. Air Force has awarded Boeing two contract modifications totaling $2.43 billion for work supporting the E-7A program. The Potomac…

NOAA Seeking Space-Based Environmental Monitoring Capabilities Under $8B ProTech 2.0 Contract

The National Oceanic and Atmospheric Administration has released a draft request for proposals for its ProTech 2.0 professional services contracting…

Sam Mehta Named President of Two Business Segments at L3Harris

L3Harris Technologies has appointed Sam Mehta as president of the space and mission systems, or SMS, and communications and spectrum dominance, or…

You’ve already read all related articles.

Executive Interviews