Tag Archives: sales

Akima has appointed Richard Valentine, a three-decade IBM (NYSE: IBM) sales and capture veteran, as vice president of business development, G2Xchange ETC reported Tuesday.

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its year-to-date backlog rise 22 percent to $65B in the third quarter of 2019 and posted $8.5B in Q3 sales, reflecting a 5 percent increase from the same period last year.

Cubic (NYSE: CUB) has purchased a 20 percent stake in commercial technology firm Pixia for $50M in a push to expand the portfolio of offerings of its mission solutions business.

A new McAleese & Associates report says Huntington Ingalls Industries (NYSE: HII) saw its sales rise 8 percent to $2.2B, primarily driven by a 7 percent revenue growth at HII’s Newport News Shipbuilding division and a 38 percent sales increase at technical solutions segment.

A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its sales climb 11 percent to $2.8B during the first half of 2019 with a 14.8 percent operating margin and sector profit of $409M.

A McAleese and Associates report says Raytheon (NYSE: RTN) recorded $9.5B in new orders during the second quarter of 2019 with a book-to-bill ratio of 1.3x.

A new PwC report says the U.S. aerospace and defense industry recorded $244B in 2018 sales and was the A&D exports leader last year with $132B in revenue.

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) reported $13.5B in new awards during the second quarter of 2019 with a total backlog of $63B and a book-to-bill ratio of 1.6x.

A new McAleese & Associates report says Boeing’s (NYSE: BA) defense, space and security business reported $6.6B in sales for the second quarter of 2019, showing an 8 percent increase from the same period last year.

Information technology industry veterans Steven Picot and Richard Breakiron have been named to sales leadership positions for the U.S. public sector at Commvault (Nasdaq: CVLT).