Tag Archives: fiscal 2020

Report: DoD Contract Obligations Up 10% in Fiscal 2020

Fiscal Strategy

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.

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

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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