CACI, Leidos, Orbital ATK report sales boosts

By Marjorie Censer / November 2, 2017 at 2:38 PM
Several defense contractors today said they saw increased sales during the most recent quarter. Leidos announced this morning its sales in the quarter hit $2.5 billion, up from $1.9 billion in the same three-month period a year earlier. The contractor said its results included about $1.3 billion in revenue attributable to Lockheed Martin's information systems and global solutions business, which Leidos acquired in August of last year. Leidos reported quarterly profit of $82 million, down from $91 million a year...

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