Posts from ExecutiveBiz for 02/06/2015

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Chuck Prow, IBM Global Gov’t Industry GM, Chosen to Wash100 for Public Sector Tech Leadership

Executive Mosaic is glad to announce Chuck Prow, general manager of IBM‘s global government industry unit, as the newest inductee into the Wash100 — a group of influential leaders in the government contracting industry…
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Harris Signs Deal to Purchase Exelis for $4.75B in Cash, Stock

Communications technology maker Harris Corp. (NYSE: HRS) has agreed to purchase defense electronics manufacturer Exelis (NYSE: XLS) in a cash-and-stock transaction with an enterprise value of $4.75 billion, or $23…
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Richard Montoni: Health, Human Services Contracts Drive Maximus’ 15% Revenue Growth in Q1 2015

Maximus (NYSE: MMS) has announced financial results for the first quarter of its 2015 fiscal year, which ended Dec. 31, 2014. The Reston, Virginia-based contractor said Thursday overall Q1 revenue grew approximately 15 percent from the prior year quarter to $467 million and net income attributable to the company rose 29 percent to $41…
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Northrop Team to Offer New Design in Air Force Trainer Jet Competition

The Northrop Grumman-led team of contractors in a competition to build a new trainer jet for the Air Force will offer a new airplane design for the $1 billion program, Aviation Week reported Friday…
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CAE Reports 11% Rise in Both 3Q Revenue, Profit

CAE (NYSE: CAE) has announced financial results for the third quarter of its 2015 fiscal year ended Dec. 31, 2014. The Montreal-based aerospace and defense contractor said total revenue for the quarter grew 10…
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TCS Reports 19% Jump in 4Q Revenue, 30% Bump in Gov’t Segment; Maurice Tose Comments

TeleCommunication Systems (NASDAQ: TSYS) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Annapolis, Md.-based wireless technology contractor said its revenue for the quarter grew 19 percent from the prior year period to $93…
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