Financial Reports

Delta Tucker Holdings, Inc., the parent company of DynCorp International, a leading global services provider, reported its second quarter 2019 financial results on Wednesday.

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. 

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.

Lisa Hershman, acting chief management officer for DoD, said 114 projects contributed to the FY18 savings while a reduction in redundant defense systems saved the budget for early FY19. The report said DoD already freed up inventory space five times the size of the agency's central courtyard.

NASA has earned its eighth consecutive "clean" audit opinion stating the latest financial statements accurately demonstrate the agency's financial position and results of operations for 2018.