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

MITRE Promotes Glenn Daly to Engineering & Analysis VP

Glenn Daly has been promoted from managing director to vice president of engineering and analysis at MITRE Daly will lead…

T2S Solutions Taps Jeffrey Casperaites as CFO, Dylan Rayburg as FP&A Director

T2S Solutions said the appointments are intended to strengthen its financial organization as the company expands operations Jeffrey Casperaites held…

Precise Systems Expands Modeling & Simulation Portfolio With Ternion Acquisition

The acquisition will combine Precise Systems’ engineering, software development and interactive training capabilities with Ternion’s modeling and simulation tech Ternion…

Space Systems Command Issues $300M HADES Solicitation

The single-award IDIQ carries a $300 million ceiling over a seven-year ordering period Proposals are due Sept. 17 The contract…

AttainX Appoints Archana Dhore as CFO

AttainX has tapped Archana Dhore as chief financial officer Dhore previously served as CFO at Rividium and TripleCyber Dhore will…

General Dynamics Elects President Danny Deep to Board

Deep has served as General Dynamics president since December 2025 He has spent more than 20 years at the company…

Accenture Federal Services Adds Ex-CIA Executive Juliane Gallina to Board

Former CIA Deputy Director for Digital Innovation Juliane Gallina has joined the Accenture Federal Services board of directors Gallina led…

Five Navy Contract Opportunities Worth Tracking: From Shipyard Upgrades to Advanced Propulsion

Navy has five open solicitations covering shipyard, hypersonics, propulsion, training and fabrication The contracts range from small business research funding…

Former Quantum Sky VP Carrie Supko Joins Agile Defense as Homeland Security VP

Agile Defense announced Wednesday that it has appointed Carrie Supko as homeland security vice president, former business development vice president…

Ivanti’s Mike Riemer on Unified, Automated Approach to Agency Endpoint & Patch Management

Ivanti SVP Mike Riemer has outlined a unified, automated approach to endpoint and patch management for agencies Riemer highlighted the…

SAIC Secures $400M Recompete for Intel Agency, Topping $1.6B in Intel Space Contracts

SAIC will provide systems engineering, technical integration and mission support for ground-based intelligence programs The recompete award pushes SAIC’s Intel…

CACI Posts Double-Digit Growth in Q4, Full FY 2026 Revenues

CACI has closed its fiscal year 2026 with revenue topping $9 billion Funded backlog jumped 28.6 percent to $5.4 billion…

You’ve already read all related articles.

Executive Interviews