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McAleese & Associates: Lockheed Reports 23% Growth in Q1 2019 Sales

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

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Dell EMC Picks 3 Distributors for Federal Channel Partner Program; Kelli Furrer Quoted

TYSONS CORNER, VA, March 6, 2019 — Dell EMC has named Arrow, Carahsoft Technology and Ingram Micro as the three distributors under its revamped federal channel partner program, which seeks to deliver back-office resources and field sales support to partners in the distribution network, ExecutiveBiz reported Feb. 26. CRN reported …

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McAleese & Associates: General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs

A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in …

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Scott Briggs Returns to ViON as DoD, IC Sales Director; Tom Frana Quoted

Scott Briggs, who worked at ViON as director of business development from 2011 to 2017, has returned to the company as director of Department of Defense and Intelligence Community sales. The three-decade U.S. Navy veteran will work with DoD and IC customers to determine their technology requirements for the military and information technology …

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McAleese & Associates: Boeing’s Defense Business Reports 13% Rise in 2018 Sales

A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business posted $23.2B in 2018 sales, reflecting a 13 percent increase from the previous year. The BDS segment saw its 2018 backlog rise 30 percent to $57B driven by its “buy-in” strategy associated with …

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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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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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Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One Entity

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate into a single unit its system modernization and advanced defense services areas that operate under its technology services business. Warden, a three-time Wash100 recipient, told analysts Wednesday during the company’s earnings …

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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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