Tag Archives: revenue

Laura Stanton: IT Category at GSA’s Federal Acquisition Service Reports Over $30B in FY 2020 Revenue

Laura Stanton

Laura Stanton, assistant commissioner for the office of Information Technology category at the General Services Administration’s (GSA) Federal Acquisition Service (FAS), said the IT category recorded more than $30 billion in fiscal 2020 revenue, up from the previous fiscal year’s $26.5 billion. “Out of that, we also provided more than $2 billion in savings and cost avoidance to the customers out of ITC alone,” she added.

Read More »

Iridium Reports Fourth Quarter 2020, Issues Full Year 2021 Guidance; Matt Desch Quoted

Matt Desch

Iridium Communications has reported its financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. The company reported fourth-quarter total revenue of $146.5 million, which consisted of $116.9 million of service revenue and $29.6 million of revenue related to equipment sales and engineering and support projects. 

Read More »

Maximus Reports Fiscal Year 2021 First Quarter Results; Bruce Caswell Quoted

Bruce Caswell

Maximus has reported financial results for the three months ended December 31, 2020. The report found that  revenue increased 15.6 percent to $945.6 million as compared to $818.2 million reported for the prior-year period. “We expanded our pandemic-response work with new contracts supporting vaccination administration efforts,” said Bruce Caswell, president and chief executive officer of Maximus and 2021 Wash100 Award recipient. 

Read More »

CACI Reports Q2 FY21 Results; John Mengucci Quoted

John Mengucci

CACI International has reported the financial results for the company’s second fiscal quarter ended December 31, 2020. CACI’s Revenue in Q2 FY21 increased 5.2 percent year-over-year as reported and 4.3 percent organically. “We delivered solid organic growth, and our focus on delivery and operational excellence again drove strong profitability and robust cash flow,” John Mengucci, CACI’s president and CEO and 2020 Wash100 Award recipient said. 

Read More »

Lockheed Martin Reports Q4, FY 2020 Financial Results; James Taiclet Quoted

James Taiclet

Lockheed Martin Corporation has reported fourth quarter and full year 2020 results. The company’s fourth quarter 2020 net sales were $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. “In concert with our resilient operational performance, we delivered strong financial results on behalf of our shareholders and contributed to our communities," said Lockheed Martin president and CEO James Taiclet.

Read More »

Sehlke Consulting Reports 2020 Results, 2021 Projections; Chad Sehlke Quoted

Chad Sehlke, founder and CEO

Sehlke Consulting reported that 2020 marked the company’s largest revenue growth year, resulting in a 58 percent increase in revenue. Additionally, the company will strive to continue its growth, moving into 2021. “Since 2013, Sehlke has averaged 101 percent in year-over-year revenue growth. We are proud of what our teams continue to accomplish,” said the company’s founder and CEO, Chad Sehlke.  

Read More »

SAIC Reports Q3 FY 2021 Financial Results; Nazzic Keene Quoted

Nazzic Keene

Science Applications International Corporation (SAIC) has announced results for the third quarter ended October 30, 2020. SAIC has estimated that the third quarter program impact from the COVID-19 pandemic to be approximately $60 million of revenue and $9 million of adjusted EBITDA. The impacts were driven by reduced volume in SAIC’s supply chain business, lower FAA training service revenues,and uncertain profit recovery on ready-state labor. 

Read More »

VMware Reports Q3 FY 2021 Results; Pat Gelsinger Quoted

Pat Gelsinger

VMware has announced financial results for the third quarter of fiscal 2021, reporting revenue for the third quarter of $2.86 billion, an increase of eight percent from the third quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.32 billion, an increase of ten percent from the third quarter of fiscal 2020.

Read More »

PAE Reports Q3 2020 Financial Results; John Heller Quoted

John Heller

PAE has announced third quarter 2020 financial and operating results, reporting revenues of $666.2 million, decreased $31.5 million. The decrease was attributable to a $53.3 million impact from COVID-19. "We are delivering strong financial results and achieving our growth, profitability and capital structure initiatives in accordance with our strategy,” said John Heller, president and CEO of PAE, and 2020 Wash100 Award recipient. 

Read More »