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McAleese & Associates: BAE’s US Electronic Systems Sector Posted 14% Growth in 2018 Sales

A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its 2018 sales rise 14 percent to $5.3B with 15.3 percent sector operating margin and operating profit of $809M. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote BAE’s U.S. arm attributed …

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McAleese & Associates: Investors Expect HII to Hit 10% Shipbuilding Margins in 2019

A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven by five ship deliveries this …

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General Dynamics Allots $1B CapEx Budget for Submarine Construction Updates

TYSONS CORNER, VA, February 1, 2019 — General Dynamics (NYSE: GD) has unveiled a plan to reinvest $1B into its manufacturing operations in 2019 as part of a capital expenditure strategy that includes the further development of submarine construction capabilities, ExecutiveBiz reported Thursday. USNI News reported Wednesday that the funds will …

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