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Maximus Board of Directors Approves Expansion of Purchases of Company Common Stock; Bruce Caswell Quoted

Maximus has announced that its Board of Directors has authorized the expansion of purchases of the company’s common stock of up to an aggregate of $200 million, including the remaining balance from the 2018 authorization of $37.2 million as of March 17, 2020, the company announced on Thursday

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Accenture Reports Second-Quarter Fiscal 2020 Results; Julie Sweet Quoted

Accenture has reported financial results for the second quarter of fiscal 2020, ended Feb. 29, 2020, with revenues of $11.1 billion, an increase of 7 percent in U.S. dollars and 8 percent in local currency over the same period last year, the company announced on Thursday

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Unisys Releases 4 Key Public Sector Contract Wins, Growth throughout FY2019; Eric Hutto Quoted

Unisys Corporation has announced four of the company’s key public sector contracts in 2019 and public sector growth accredited to the government and industry demand for IT modernization, the company reported on Wednesday.

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KBR Release Fourth Quarter, FY2019 Financial Results, FY2020 Guidance; Stuart Bradie Quoted

KBR has announced fourth quarter, fiscal 2019 financial results, and guidance for fiscal 2020, showing strong growth, earning performance and operating cash flow across all operating segments, the company reported on Thursday.  

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Raytheon Reports 8 Percent Increase in Strong 2019 Second Quarter Results; Thomas Kennedy Quoted

Raytheon announced on Thursday that the company’s net sales were $7.2 billion in the second quarter of 2019, which represents an 8.1 percent increase compared to the $6.6 billion from last year’s results. The company reports the increase was driven by operational improvements and pension-related items, partially offset by a favorable tax-related EPS impact of $0.33. 

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Report: US Postal Service Made $16B Contract Deals in FY18

The U.S. Postal Service completed $15.9B in contracts in fiscal year 2018, representing the agency’s largest commercial spending period since 2016, Bloomberg Government reported Friday. The figure was nearly $1B higher than the $15B record set in 2017. Spending data was drawn from Bloomberg Government’s latest data on the USPS Contracts Dashboard.

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