The Department of Defense (DoD) obligated $445.5 billion on contract awards during fiscal year 2020, a nearly 10 percent increase from the year-ago period's contracting obligations of $404.5 billion, driven primarily by events related to the global security landscape and coronavirus pandemic. It was also noted that Lockheed secured the highest amount of contracting dollars at $72.3 billion.
Read More »CACI Reports Fiscal 2020 Third Quarter Results; John Mengucci Quoted
CACI International has announced its third fiscal quarter ended March 31, 2020, noting revenue of $1.5 billion, net income of $80.6 million, robust cash flow from operations and contract awards of $1.4 billion, the company reported on Thursday.
Read More »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.
Read More »