Tag Archives: fiscal year 2020

Maximus Reports Q4 FY 2020 Results; Bruce Caswell Quoted

Bruce Caswell

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. 

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Parsons Reports Q3 Financial Results; Chuck Harrington Quoted

Chuck Harrington

Parsons Corporation has reported financial results for the third quarter ended September 30, 2020, noting that the total revenue decreased by $19 million, or two percent, from the prior year period, to $1 billion. “We delivered strong third quarter results with record adjusted EBITDA and generated outstanding cash flow,” said Chuck Harrington, chairman and CEO of Parsons, and 2020 Wash100 awardee.

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Iridium Reports Third Quarter 2020 Results; Matt Desch Quoted

Matt Desch

Iridium has announced financial results for the third quarter of 2020, reporting that  net loss was $4.0 million, as compared to net loss of $18.0 million for the third quarter of 2019, which is attributable to the lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period.  

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DHS Allots Over $1B for Fiscal 2020 Public Safety Projects

The Department of Homeland Security is investing almost $1.8B in grants under a new funding opportunity for fiscal year 2020 public safety efforts. The FY 2020 grants support security projects across transportation authorities; local, tribal, territorial and state government bodies; nonprofits and commercial firms, DHS said Friday.

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GSA Awards Contracts to Support Federal Air Travel

The General Services Administration has awarded contracts for a fiscal 2020 program to reduce the federal government's air travel costs. GSA said Tuesday that its City Pair Program would apply 51 percent discounts to the federal government’s airfare costs via pre-negotiated, firm-fixed-price agreements.

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