Tag Archives: financial report

Phebe Novakovic: General Dynamics Posts Modest Q1 Defense Biz Growth, Maintains Strong Balance Sheet

General Dynamics' (NYSE: GD) defense businesses earned $7.1B in total revenue for its fiscal 2020 first quarter that ended March 29, a modest increase from the same period last year. "In this time of crisis and uncertainty, our balance sheet remains strong," Phebe Novakovic, chairman and CEO of General Dynamics and a 2020 Wash100 awardee, told analysts in an earnings call Thursday.

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Zacks: Vectrus Expected to Record 1.8% Rise in Q1 2020 Revenue

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Vectrus (NYSE: VEC) is expected to report $331.84M in revenues for the first quarter ended March 2020, which represents a 1.8 percent increase from the prior-year period, Zacks reported Tuesday. According to Zacks consensus estimate, the Colorado Springs, Colo.-based government services contractor is expected to record $0.77 in Q1 earnings per share, a figure that reflects a year-over-year increase of 11.6 percent.

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State Street Releases Pricing of Fixed-to-Floating Rate Senior Notes Offering

state-street-releases-pricing-of-fixed-to-floating-rate-senior-notes-offering

State Street Corp. announced that it has priced an offering of $750 million aggregate principal amount of 2.825 percent Fixed-to-Floating Rate Senior Notes due 2023, $500 million aggregate principal amount of 2.901 percent Fixed-to-Floating Rate Senior Notes due 2026 and $500 million aggregate principal amount of 3.152 percent Fixed-to-Floating Rate Senior Notes due 2031.

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Kevin Phillips: New Business Accounts for Half of ManTech’s $2.9B in FY 2019 Contract Awards

Kevin Phillips, president and CEO of ManTech International (Nasdaq: MANT) and a 2020 Wash100 award winner, said new business accounts for about 50 percent of the $2.9B in contract awards recorded in full fiscal year 2019 as the company continues to build on the government’s demand for digital transformation and cybersecurity technologies, the Washington Business Journal reported Friday.

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Leidos CEO Roger Krone Sees Momentum in 2020 After Series of Contract Wins, Acquisition Deals

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 2020 Wash100 award winner, said during an interview on CNBC’s "Squawk Alley" program aired Tuesday that significant government contracts and major acquisitions will support momentum for the Reston, Va.-based company this year. Shares in Leidos gained 10 percent in midday trade Tuesday.

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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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Jacobs Unveils New Brand, Tagline to Reflect Strategic Transformation; Steve Demetriou Quoted

Jacobs Engineering Group (NYSE: JEC) has launched a new brand and logo and adopted the tagline “Challenging today. Reinventing tomorrow.” to mark its transition from an engineering and construction firm to a global technology-driven platforms company and reflect its diverse and inclusive perspectives.

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