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Latest Federal & Government Contracting Companies' News Coverage
Raytheon Technologies has announced at least $8.2 trillion in aggregate principal amount of the outstanding notes of Goodrich Corporation, Raytheon Company and Rockwell Collins, representing approximately 88.2 percent of the total outstanding principal amount of the subsidiary notes.
CenturyLink reported financial results for the first quarter that ended March 31, noting net income, adjusted EBITA, net cash and more, on Friday.
Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.
Parsons has announced financial results for the first quarter that ended March 31, reporting revenue increases, strong revenue growth and net income increases, the company reported on Wednesday.
Leidos has reported financial results for the first quarter of fiscal year 2020, noting revenues for the quarter were $2.89B, operating income for the quarter was $192M and operating income margin decreased to 6.6 percent from 7.5 percent in the prior year quarter, due to COVID-19, the company announced on Tuesday.Â
Unisys has announced a set of first quarter 2020 contracts with new and existing clients valued at $200M, the company reported on Wednesday.Â
The aerospace and defense industry in the U.S. saw a significant growth in jobs and exports in 2018, which contributed more than $374B to the country’s gross domestic product, Rotor & Wing International reported Friday.
Washington, D.C.-based Enlightenment Capital has raised $250M in capital commitments for its third fund, exceeding the private investment firm’s $200M target. The completion of Fund III will allow the company to continue to carry out its strategy to invest in middle-market firms in the aerospace, defense and government markets, Enlightenment Capital said Thursday.
KBR announced its first quarter 2019 financial results on Wednesday and reported a 29 percent increase in consolidated revenue compared to the first quarter of 2018. The increase in revenue was driven by industry-leading organic growth of 22 percent from Government Solutions and 48 percent from Technology Solutions. More
Fulton, Md.-based data storage provider RackTop Systems has secured $15M in its latest funding round aimed at supporting the company’s near-term sales channel and product development expansion.
