GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the thir...
The Food and Drug Administration has awarded Engility (NYSE: EGL) a potential five-year, $112 million indefinite-delivery/indefinite-quantity contract to provide computational science and bioinformatics services for the FDA’s gene-based drug discovery and development programs. Engility said Thursday it will help the FDA operate, secure an...
An OSI Systems subsidiary has received a pair of contracts worth up to $140 million combined from the Customs and Border Protection agency for the supply of cargo and vehicle screening systems. OSI said Monday one potential two year, $64 million contract for American Science and Engineering cove...
Ryan Kearny, an 18-year veteran of F5 Networks (Nasdaq: FFIV), has been named chief technology officer and executive vice president for product development at the Seattle-based application delivery firm. F5 said Wednesday Kearny will report directly to President and CEO John McAdam and oversee the company’s efforts to ...
Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing budgets. Budgets have not expanded at the same speed as global secur...
CACI International (NYSE: CACI) lowered full-year earnings per share guidance Wednesday as first quarter EPS and revenue exceeded Wall Street analyst forecasts on continued contributions from the National Security Solutions business acquired in February from L-3 Communications (NYSE: LLL). GovCon Index-listed CACI now e...
ReadyOne Industries has won a potential $74.9 million contract to manufacture protective coveralls and ensembles and expedient repair kits for the U.S. Air Force. The company is scheduled to complete production work under the contract with the Defense Logistics Agency by April 30, 2019, the Defense Department said Wednesday. DLA ...
Jennifer Mehall, formerly vice president of operations at Alaska Native government services contractor Chenega Corp., has been named senior vice president of the background investigation services group at CACI International (NYSE: CACI). Mehall will lead a team that provides background investigation support services to the Office of Person...
Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged ...
TYSONS CORNER, VA, Oct. 26, 2016 ” Andras Szakal, vice president and chief technology officer of IBM‘s (NYSE: IBM) U.S. federal business, has said in a panel discussion that cloud service providers work to deliver purpose-built cloud platforms to meet the needs of both the private and public sectors, ExecutiveBiz reported Thursd...
