Tag Archives: earnings call

Mac Curtis: Perspecta to Support HPI Work on Navy NGEN-R Hardware Contract

Mac Curtis

TYSONS CORNER, VA, June 4, 2020 — Mac Curtis, president and CEO of Perspecta (NYSE: PRSP) and 2020 Wash100 awardee, told analysts the company signed a contract to help HP Inc. (NYSE: HPQ) integrate platforms and deliver services for the U.S. Navy under the Next Generation Enterprise Network-Recompete contract's end-user hardware portion, ExecutiveBiz reported May 26.

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Nazzic Keene: SAIC Targets Multiple Gov’t Market Areas to Drive Growth

Nazzic Keene, CEO of Science Applications International Corp. (NYSE: SAIC) and a 2019 Wash100 winner, said that mission engineering, technology modernization and space systems market opportunities can provide a catalyst for long-tern SAIC growth, the Washington Business Journal reported Friday.

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Pat Gelsinger: VMware Targets New Gov’t Cloud Support Opportunity

Pat Gelsinger, VMware CEO, has said he believes the company's partnerships with multiple cloud providers could support its pursuit of additional contracts in the government market, Fierce Telecom reported Wednesday. "We do expect that through those partnerships that we'll have a thriving government business, both on-premise as we have had as well as in hybrid and cloud offerings," Gelsinger told analysts during a recent earnings call.

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Booz Allen Posts Q2 2020 Revenue Growth, Plans Limited AI Tech Release; Horacio Rozanski Quoted

Booz Allen Hamilton (NYSE: BAH) topped analyst expectations in the second quarter of its 2020 fiscal year with a revenue growth of 12.7 percent over the same period last year, the Washington Business Journal reported FridayHoracio Rozanski, CEO of Booz Allen and two-time Wash100 Award recipient, said the company has lifted its guidance despite the current federal budget scenario.

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McAleese & Associates: Lockheed’s 2018 Sales Driven by Aeronautics, Missiles & Fire Control Businesses

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese & …

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Michael Strianese: L3 Evaluates ‘Strategic Options’ for Vertex Aerospace Business

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement …

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CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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April 25 Morning Report: GovCon Index Posts Positive Week Ahead of 1Q Earnings Reports

The GovCon Index ended the Friday trading session with a gain of 0.387 points to 76.369 to close its second consecutive week in positive territory. Eleven GCI-listed companies, including the five largest government and defense contractors in the U.S., will report first-quarter earnings this week. The schedule is as follows: Tuesday: Lockheed Martin (NYSE: LMT) …

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