Iridium Announces Revenue Uptick in Q2 2022 Financial Report; CEO Matt Desch Quoted
Satellite manufacturer Iridium Communications has released its financial report for the second quarter of 2022 and the company claimed a net income of $4.6 million, with a 17 percent increase in revenue from the same period last year. The McLean, Virginia-based organization also reported on Tuesday a company-best $105.9 million operational EBITDA, which came in at a […]
Iridium Showcases First Quarter 2022 Financial Results; CEO Matt Desch Quoted
Satellite provider Iridium Communications has made public its first quarter 2022 financial report, announcing a total revenue of $168.2 million. The McLean, Virginia-headquartered company said Tuesday that net income was $2.8 million for the first quarter of the year, a precipitous increase from its net loss of $5.2 million in the first quarter of 2021. Matt Desch, […]
SAIC Reveals Four Percent Growth in Fiscal Year Report; CEO Nazzic Keene Quoted
Science Applications International Corporation has released its financial report for the fourth quarter and its full fiscal year 2022, which concluded on January 28, 2022. The defense and space contractor said Monday that fourth quarter revenue was $1.8 billion, a four percent uptick from the previous year and fiscal year revenue was $7.4 billion, which constituted […]
BigBear.ai Measures Growth in Fiscal Year 2021 Financial Report; GovCon Expert Dr. Reggie Brothers Quoted
Artificial intelligence technology company BigBear.ai has released its financial report for both the fourth quarter and the fiscal year 2021, as well as expectations for the coming year. The Columbia, Maryland-based company disclosed Thursday that its fourth quarter revenue was $33.5 million and full-year revenue reached $145.6 million in 2021. “Our government business continues to thrive, providing […]
Deltek Reports $629B Spent on U.S. Federal Government Contracts in 2021; GovCon Expert Kevin Plexico Quoted
Deltek’s GovWin IQ service tracked and tabulated U.S. federal government contract spending over the course of the 2021 fiscal year and has determined a $629 billion total, including a defense spending sum of $383 billion. The total figure is an incremental step down from 2020’s federal government contract spending but a notable increase from 2019, […]
SAIC Reports 4.4% Revenue Jump in Q3 FY 2022; CEO Nazzic Keene Quoted
Science Applications International Corporation (SAIC) announced its third quarter results for the company’s 2022 fiscal year on Monday. The company has reported that it increased its overall revenue to $1.9 billion, which represents a 4.4 percent revenue growth and includes 2.1 percent growth as well after excluding acquired revenues. “Our strong results and sustained growth […]
BigBear.ai Announces Third Quarter 2021 Financial Results; GovCon Expert Reggie Brothers Quoted
BigBear.ai, a leading provider of artificial intelligence, machine learning, cloud-based big data analytics, and cyber engineering solutions, announced its 2021 third-quarter financial results on Wednesday. “BigBear.ai continues to build strong momentum through expanded customer engagements, additional contract awards, and additional investments aimed at accelerating commercial penetration,” said Dr. Reggie Brothers, BigBear.ai CEO and a 2021 Wash100 Award recipient. […]
GovCon Expert Reggie Brothers: BigBear.ai First Half 2021 Financial Results Show Consistent Contract Awards, Backlog Growth
BigBear.ai, an artificial intelligence and cloud-based data analytics solutions provider, announced its first half 2021 financial results, which include $72 million in year-to-date revenue, $150 million in contract awards and their upcoming merger with GigCapital4, which is expected to close in the fourth quarter of 2021. “BigBear.ai’s steady pace of contract awards and expanded customer […]
Maximus Reports Q4 FY 2020 Results; Bruce Caswell Quoted
Maximus has reported financial results for the fourth quarter and full year, which ended Sept. 30, 2020, the company announced on Thursday. for fiscal 2020, revenue increased to $3.46 billion compared to $2.89 billion reported for the same period last year. "Fiscal year 2020 demonstrated our ability to quickly respond and rapidly scale operations in […]
NASA Publishes Economic Impact Report; Jim Bridenstine Quoted
NASA has published the results of its agency wide economic impact report, showing that the agency has generated more than $64.3 billion in total economic output during fiscal year 2019, supported more than 312,000 jobs nationwide and generated an estimated $7 billion in federal, state, and local taxes throughout the nation. "This study confirms, and […]