Leidos Holdings has reported financial results for the second quarter of fiscal year 2020, noting that revenues were $2.91 billion, increasing 6.8 percent compared to 2019, the company announced on Tuesday.
Read More »Accenture Closes Acquisition of PLM Systems; Nigel Stacey, Andrea Ruscica Quoted
Accenture has completed the acquisition of PLM Systems, a boutique systems integrator. Terms of the transaction were not disclosed. Accenture announced the acquisition of PLM Systems in May 2020, noting that the company would expand Accenture’s product data in design, engineering and manufacturing for its customers.
Read More »Booz Allen Hamilton Holding Corp. Announces Q1 FY 2021 Results; Horacio Rozanski Quoted
Booz Allen Hamilton has announced preliminary results for the first quarter of fiscal 2021. Booz Allen Hamilton reported a book-to-bill of 2.2x and client delivery remained high due to enhanced staff productivity, and effective virtual recruiting drove headcount growth.
Read More »Quantum Reports Q4, FY 2020 Results; Jamie Lerner Quoted
Quantum Corporation has announced financial results for its fiscal fourth quarter and year ended March 31, 2020, noting revenue of $402.9 million, increased gross margins by 42.8 percent, decrease of total operating expenses by 12 percent and narrowed GAAP Net loss to $5.2 million.
Read More »BAE Systems Completes Test Shots of APKWS Laser-Guided Rockets; Greg Procopio, Jim Hager Quoted
BAE Systems has successfully completed test shots of its APKWS laser-guided rockets from a tactical configuration ground-based weapon system for the first time, the company reported on Monday.
Read More »SBA VETRN Streetwise MBA Program to Provide Virtual Training for Veteran Small Business Owners; Larry Stubblefield Quoted
The U.S. Small Business Administration has launched the first online Veteran Entrepreneurial Training and Resource Network Streetwise MBA program to provide virtual training for veteran small business owners and their immediate families beginning in August 2020, the administration announced on Friday.
Read More »Microsoft Announces Expiration of Exchange Offers
Microsoft Corp. has announced the expiration of its offers to exchange the ten series of notes for a new series of Microsoft's 2.525 percent Notes due June 1, 2050 and a cash payment, as applicable, and exchange the four series of notes for a new series of Microsoft's 2.675 percent Notes due June 1, 2060 and a cash payment, as applicable.
Read More »VMware Announces FY 2021 Q1 Results; Pat Gelsinger, Zane Rowe Quoted
VMware has announced financial results for the first quarter of fiscal 2021 on Friday, noting revenue for the first quarter was $2.73 billion, an increase of 12 percent from the first quarter of fiscal 2020.
Read More »COVID-19 Healthcare Coalition Develops COVID-19 Decision Support Dashboard to Enhance Situational Awareness; Dr. John Halamka, Dr. Jay Schnitzer Quoted
The COVID-19 Healthcare Coalition published the COVID-19 Decision Support Dashboard to synthesize large amounts of complex, essential data into easy-to-use key findings for public and private-sector leaders navigating the “reopening” of communities and businesses, Mitre reported on Thursday.
Read More »DIU Selects Zscaler for Secure Cloud Management Project; Drew Schnabel Quoted
Zscaler has been selected by the Defense Innovation Unit (DIU), a U.S. Department of Defense (DoD) organization, to deliver a secure cloud management solution, the company reported on Friday.
Read More »