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Tag Archives: revenue

Report: General Dynamics Posts 13% Increase in Q3 Mission Systems Segment Revenue

McAleese & Associates has provided an overview of General Dynamics’ (NYSE: GD) financial results in the third quarter of 2018. The Falls Church, Va.-based defense contractor’s mission systems sector reported a 13 percent increase in Q3 sales with an operating margin of 14.6 percent, reflecting an 18 percent growth in …

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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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Iridium Reports 17% Increase in Q3 2018 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) posted $136M in revenue for the third quarter of 2018, up 17 percent from the prior year period. The company said Thursday the total number of subscribers grew to 1.09M in Q3 2018, reflecting a year-over-year increase of 15 percent associated with the rise in government …

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ACT I Listed Among ‘Fastest-Growing’ Washington Companies; Michael Niggel Quoted

TYSONS CORNER, VA, October 9, 2018 — Advanced Concepts and Technologies International has been named among the 75 “fastest-growing” companies in Washington based on annual revenue growth between 2015 and 2017, ExecutiveBiz reported Sept. 25. The company said the Washington Business Journal’s annual list recognizes private local companies with revenues of …

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CACI Closes $84M Buy of General Dynamics Business Unit; Ken Asbury, Jack London Quoted

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

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CACI Reports 2.6% Revenue Hike, $5.2B in Contract Wins for FY 2018; Ken Asbury Quoted

CACI International (NYSE: CACI) posted $4.46 billion in revenue for the full fiscal year 2018 that ended June 30, up 2.6 percent from $4.35 billion in FY 2017. The company said Wednesday it recorded a net income of $301.2 million for fiscal 2018 and $340.7 million in FY 2018 operating …

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Vectrus Reports 24% Rise in Q2 2018 Revenue; Chuck Prow Comments

Vectrus (NYSE: VEC) recorded $321 million in revenue for the second quarter of fiscal 2018, up 24 percent from the same period last year. Chuck Prow, Vectrus president and CEO, said in a statement published Tuesday the revenue increase can be associated with the company’s acquisition of SENTEL and 12 …

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KeyW Completes Sotera Integration, Reports Rise in FY 2017 Revenue

Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), has said the company has completed integration efforts with regard to its purchase of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. KeyW closed its $235 million cash acquisition of Sotera in April 2017 in an effort to expand its footprint in …

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ManTech Reports Increase in FY 2017 Revenue, Operating Income; Kevin Phillips Comments

ManTech International (Nasdaq: MANT) posted $1.72 billion in revenue for the full fiscal year 2017 that ended Dec. 31, up from $1.6 billion in FY 2016. ManTech said Wednesday it recorded $98.2 million in FY 2017 operating income, which reflects an 8 percent increase from the previous fiscal year. The company …

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