Financial Reports

Iridium Communications has reported its financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. The company reported fourth-quarter total revenue of $146.5 million, which consisted of $116.9 million of service revenue and $29.6 million of revenue related to equipment sales and engineering and support projects. 

Perspecta has announced financial results for the third quarter of fiscal year 2021, which ended Jan. 1. Perspecta’s revenue for the quarter was $1.13 billion, up 1 percent compared to the third quarter of fiscal year 2020, and down 1 percent compared to the second quarter of fiscal year 2021.

Maximus has reported financial results for the three months ended December 31, 2020. The report found that  revenue increased 15.6 percent to $945.6 million as compared to $818.2 million reported for the prior-year period. “We expanded our pandemic-response work with new contracts supporting vaccination administration efforts,” said Bruce Caswell, president and chief executive officer of Maximus and 2021 Wash100 Award recipient. 

CACI International has reported the financial results for the company’s second fiscal quarter ended December 31, 2020. CACI’s Revenue in Q2 FY21 increased 5.2 percent year-over-year as reported and 4.3 percent organically. “We delivered solid organic growth, and our focus on delivery and operational excellence again drove strong profitability and robust cash flow,” John Mengucci, CACI’s president and CEO and 2020 Wash100 Award recipient said. 

Lockheed Martin Corporation has reported fourth quarter and full year 2020 results. The company’s fourth quarter 2020 net sales were $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. “In concert with our resilient operational performance, we delivered strong financial results on behalf of our shareholders and contributed to our communities," said Lockheed Martin president and CEO James Taiclet.

Science Applications International Corporation (SAIC) has announced results for the third quarter ended October 30, 2020. SAIC has estimated that the third quarter program impact from the COVID-19 pandemic to be approximately $60 million of revenue and $9 million of adjusted EBITDA. The impacts were driven by reduced volume in SAIC’s supply chain business, lower FAA training service revenues,and uncertain profit recovery on ready-state labor. 

VMware has announced financial results for the third quarter of fiscal 2021, reporting revenue for the third quarter of $2.86 billion, an increase of eight percent from the third quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.32 billion, an increase of ten percent from the third quarter of fiscal 2020.

Maximus has reported financial results for the fourth quarter and full year, which ended Sept. 30, 2020. for fiscal 2020, revenue increased to $3.46 billion compared to $2.89 billion reported for the same period last year. Maximus reported organic growth of 15.7 percent in fiscal 2020, or 4.6 percent excluding the Census contract. 

Maxar Technologies has reported financial results for the third quarter, which ended Sept. 30th, noting total revenues increased to $436 million from $413 million from the same period of 2019. The increase was primarily driven by an increase in the Space Infrastructure segment which was partially offset by a decrease in the Earth Intelligence segment.

PAE has announced third quarter 2020 financial and operating results, reporting revenues of $666.2 million, decreased $31.5 million. The decrease was attributable to a $53.3 million impact from COVID-19. "We are delivering strong financial results and achieving our growth, profitability and capital structure initiatives in accordance with our strategy,” said John Heller, president and CEO of PAE, and 2020 Wash100 Award recipient.