Tag Archives: cash flow

Ellen Lord: Pentagon Anticipates Three-Month Delay Across Major Acquisition Programs

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Ellen Lord, undersecretary for acquisition and sustainment at the Department of Defense and a 2020 Wash100 awardee, said DoD expects to see contract delays of up to three months across Major Defense Acquisition Programs as contractors deal with challenges in the supply chain due to the coronavirus pandemic, the Washington Business Journal reported Monday.

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Ellen Lord: Defense Industrial Base Workforce Should Continue Working as Part of Critical Infrastructure

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The Department of Defense on Friday released two memos to address key concerns identified by defense trade groups during the four daily update calls on the COVID-19 coronavirus pandemic led by Jennifer Santos, deputy assistant secretary of defense for industrial policy. Ellen Lord, defense undersecretary for acquisition and sustainment and a 2020 Wash100 award winner, on Friday issued a memo saying the defense industrial base is considered as a critical infrastructure sector by the Department of Homeland Security and that its workforce should maintain normal work schedules to meet national security requirements.

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SAIC Reports Q2 Increase in Revenue, Operating Cash Flow; Wells Fargo Analysts Provide Stock Recommendation

Analysts at Wells Fargo Securities reiterated an outperform rating with a $92 price target for Science Applications International Corp.'s (NYSE: SAIC) stock after the government services provider announced its second quarter fiscal 2020 financial results.

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McAleese & Associates: Lockheed Reports 23% Growth in Q1 2019 Sales

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

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McAleese & Associates: HII Reports 10% Growth in Year-to-Date Sales

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 year …

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Engility Sets Record Q3 Book-to-Bill Ratio; Lynn Dugle Quoted

Engility (NYSE: EGL) reported a record book-to-bill ratio of 2.4x at $1.1B in net bookings and posted a revenue of $471M in the third quarter of 2018. The company said Wednesday those net bookings included contract awards worth approximately $550M within the intelligence segment; $320M within the space sector; and …

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McAleese & Associates: Boeing ‘Self-Funds’ R&D Work on Some Defense Programs

A new report by consulting firm McAleese & Associates says Boeing (NYSE: BA) has begun to “self-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 the U.S. Air Force’s …

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