GovCon Wire Your Direct Source for Government Contracting News
Lockheed Martin (NYSE: LMT) announced on Friday new company guidance regulations due to the rapid spread of COVID-19 and its major societal impacts.
Read More »Lockheed Releases Company Guidance Amid Pandemic; Marillyn Hewson Quoted
Maximus Issues FY 2017 Outlook Falls Below Street Forecasts, Expects Continued Brexit Currency Headwinds
GovCon Index-listed Maximus (NYSE: MMS) released earnings and revenue guidance for fiscal year 2017 below the consensus Wall Street forecast Thursday in part on expectations of continued headwinds from the British pound’s post-Brexit weakening. The Reston, Virginia-based government services contractor forecasts earnings of $2.90-$3.10 per share versus the analysts’ midpoint forecast of …
Read More »Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus
GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the third quarter on growth …
Read More »CACI Lifts FY 2016 Guidance on NSS Buy, Posts 23% Profit Jump for 2Q to Top Street Estimate
CACI International (NYSE: CACI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has adjusted its fiscal year 2016 guidance to reflect the company’s $550 million acquisition of the former L-3 Communications (NYSE: LLL) national security solutions segment that closed Tuesday. The Arlington, Va.-based government services contractor …
Read More »Lockheed Wins Prime Spot on $900M AF Rocket Tech IDIQ
Lockheed Martin (NYSE: LMT) has won a prime position on a $900 million U.S. Air Force contract to provide launch services for space missions. The Defense Department says the indefinite-delivery/indefinite-quantity, firm-fixed-price contract covers support for the Pentagon and other federal agencies. Under the Rocket Systems Launch Program, contractors support technology …
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