A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon™s overall budget in FY 2019 demonstrates a 13 percent rise f...
Consulting firm McAleese & Associates has issued a report saying Huntington Ingalls Industries (NYSE: HII) is œecstatic about the Bipartisan Budget Act™s shipbuilding funds for fiscal years 2018 and 2019. œ[W]e are in a great spot because ships have been authorized and appropriated in the 2018-2019 window, which takes a lot o...
A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third quarter of 2018 with a year-to-date sales increase of 10 percent. HII posted $290M in Q3 total corporate profit, reflecting a 20 percent increase from the same period last...
TeraThink has received a contract worth a potential $100M to provide information technology services in support of the Pension Benefit Guaranty Corporation‘s financial management system. The company will contribute advisory, development, modernization, maintenance and operations support for the system under the indefinite-delivery/indefinite-q...
Accenture™s (NYSE: ACN) federal business, Creoal Consulting and i360technologies have been selected by the Interior Department to compete for Oracle Federal Financials accounting system support task orders under a potential seven-year, indefinite-delivery/indefinite-quantity contract. Accenture Federal Services will vie for task orders wor...
A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector™s $1.3B Patriot missile defense system order from P...
Consulting firm McAleese & Associates has released a new report listing several defense programs under the œwatchlist of Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC). Jim McAleese, founder and principal at McAleese & Associates, said those include the U.S. Air Force™s Ground Based St...
A new report by consulting firm McAleese & Associates says Boeing (NYSE: BA) has begun to œself-fund research and development work on some Defense Department programs as it aims to win new contract opportunities. Jim McAleese, founder and principal at McAleese & Associates, wrote that one of those opportunities is th...
TYSONS CORNER, VA, October 24, 2018 ” Mitre has added Robert Work, former deputy secretary of the Defense Department, to its Visiting Fellows Program, where he will work alongside former DoD secretary Ashton Carter and others to help address critical national issues, ExecutiveBiz reported Tuesday. “[Work] brings a vast knowledge...
Kevin Youel Page, formerly deputy commissioner of the General Services Administration™s federal acquisition service, has been named a specialist executive within the civil government sector of Deloitte™s consulting practice. Page will utilize the professional services company™s portfolio of offerings to meet the strategic ne...
