Publicly-traded government IT and professional services companies took their turn this week in reporting quarterly numbers to Wall Street. Themes for today and tomorrow have emerged that are worth unpacking.
Enlightenment Capital closes its third investment fund right at the upper limit and well past its target, giving it more dry powder to make acquisitions.
Jacobs Engineering Group's COO explains how acquiring KeyW adds a portfolio of technology products to complement its already substantial government services footprint -- one Jacobs has had for decades.
Government services companies like Leidos have to grow headcount as they win more contracts and add those into backlog. Leidos is seeing some signs of success after the first quarter of this year.
Raytheon wins a head-to-head competition for a $663 million contract to help the Army and Marine Corps build a new system for beyond-line-of-sight communications.
Raytheon's government services business continues to bet on itself and partnerships as it pursues more space, cyber and command-and-control opportunities.