Maximus (NYSE: MMS) cut its revenue forecast for the government health and human services contractor’s 2016 fiscal year ending September 30 on an expectation of continued weakening in the U.K.’s pound since Britain’s June 23 vote to leave the European Union. Reston, Virginia-based Maximus now expects sales in the $2.37 ...
Huntington Ingalls Industries (NYSE: HII) exceeded the consensus analyst outlook for earnings per share in its second quarter financial statement released before U.S. financial markets opened Thursday with revenue down on lower volume on aircraft carrier and submarine activity. Military shipbuilder and GovCon Index-listed company ...
The State Department has approved Argentina’s request to procure 24 Beechcraft-built trainer aircraft as well as related training and support from the U.S. government under a potential $300 million foreign military sales agreement. Argentina asked to acquire 24 T-6C+ Texan trainer aircraft along with initial spare parts and...
Herndon, Virginia-based military and intelligence services contractor Mission Essential has purchased systems integration and software engineering company Information Management Technology Corp. for an undisclosed sum to grow communications-related work with the Defense Department. Mission Essential said Thursday t...
Battelle and Ohio State University have jointly hired Zachary Mears, former deputy chief of staff to the Defense Department secretary, to dual roles as an adviser at the nonprofit organization and assistant vice president for national security and research programs at the university. His appointment works to establish a str...
Parsons Corp. has won a potential five-year, $86 million contract from the Missile Defense Agency to provide advisory and assistance services for the Ballistic Missile Defense System program. The Defense Department said Wednesday that Parsons’ government services business will support the development of an integrated comman...
The U.S. Air Force has begun a solicitation to procure launch vehicle production, mission integration and operational services for the Global Positioning System III-3 satellite. The military service said Wednesday it will award a firm-fixed-price contract for an Evolved Expendable Launch Vehicle service after the branch evaluates interes...
Elizabeth Jordan Wilhelm — a former U.S. Army explosive ordnance disposal officer — has joined Janus Global Operations as director of conventional weapons destruction and unexploded ordnance clearance. JGO said Wednesday Wilhelm will work out of the demining and UXO clearance company’s Reston, Virginia office. “...
Executive Mosaic’s GovCon Index rebounded Friday on gains by ICF International (Nasdaq: ICFI) on a second quarter earnings beat, plus boosts by Huntington Ingalls Industries (NYSE: HII) and Cubic Corp. (NYSE: CUB). The GovCon Index posted a gain of 0.292 points to 82.476 and six of the GCI’s 11 S&P 500-listed...
Cubic Corp. (NYSE: CUB) cut its full-year earnings outlook in fiscal third quarter financial results released Wednesday as the defense and transportation contractor expects increases to interest and financing costs on a new credit facility, tax expenses and a partial pension settlement plan in the fourth quarter. San Diego-based Cubic expe...
