GovCon Index-listed contractor Booz Allen Hamilton (NYSE: BAH) lifted full fiscal year earnings and revenue guidance Wednesday as the government consulting and engineering services contractor also raised employee headcount during the second fiscal quarter ended Sept. 30. McLean, Virginia-based Booz Allen now expects $1.68-$1.75 earnings pe...
GovCon Index-listed contractor ICF (Nasdaq: ICFI) lifted full-year earnings guidance to a range above the consensus Wall Street forecast Tuesday and slightly increased revenue projections to a range in-line with analysts’ expectations. Fairfax, Virginia-based ICF said in its third quarter financial statement it expects...
The Defense Logistics Agency has awarded Fujifilm SonoSite a potential 10-year, $799.6 million contract for ultrasound machines, accessories and training support services. DLA received 27 offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract through a competitive procurement, the Defense Department said Tuesday...
Bechtel‘s plant machinery organization will continue work on naval nuclear propulsion components for the U.S. Navy under a $532.4 million modification to a previously awarded contract. The Navy will obligate $520.5 million in fiscal 2017 shipbuilding and conversion funds at the time of award of the modification, the Defense...
Alan Stewart, former chief financial officer of Vistronix, has joined Systems Planning and Analysis as senior vice president and CFO at the Alexandria, Virginia-based professional services contractor. SPA said Friday that Stewart holds experience in positions related to business management, tax, investor relations, finance, accounting, mer...
Kristin Machacek Leary, formerly senior vice president of global human resources at Alphatec Spine, has been named VP and chief HR officer at Forcepoint — the cybersecurity joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners. Forcepoint said Tuesday that Leary will be responsible for the organization’...
Washington-based private investment firm Enlightenment Capital has generated $147 million in capital commitments for its second fund in support of efforts to implement a strategy to invest in middle market firms in the aerospace, defense and government sector. Devin Talbott, managing partner at Enlightenment Capital, said in a statement re...
The First Responder Network Authority is in the evaluation phase and is close to awarding a contract to build a national public safety broadband network for first responders. FirstNet CEO Mike Poth said Thursday the agency has completed several tasks in compliance with the Federal Acquisition Regulation in order to facilitate the contract award...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday despite a majority of the session in positive as declines by aerospace and defense primes offset gains by Harris Corp. (NYSE: HRS) on news of a pending divestiture and Engility Corp. (NYSE: EGL) after quarterly earnings that exceeded Wall Street’s expectations. GovC...
Engility Corp. (NYSE: EGL) described to investors Thursday three third quarter contract wins and the loss of another as examples of its shift toward pursuits of larger “best-value” programs versus lowest-price, technically-acceptable work. A slide in the company’s third quarter earnings call presentati...
