Lynn Dugle, Engility's chief executive, said during a call with analysts today the contractor is seeing a much higher percentage of its existing programs being extended -- and often expanded -- rather than being recompeted.
She attributed that to the growing budget.
"Far and away, the easiest, the quickest and -- many times -- the most effective [way to buy quickly] is to expand current programs," she said. "We have seen that in our personal experience -- probably the majority in our space arena, but certainly have many examples in defense and intel as well."
Engility said today sales during its most recent quarter hit $489 million, down about 1 percent from the same three-month period a year earlier. The contractor's profit hit $11.9 million, up 56 percent from the prior year.
Bill Weber, KeyW's chief executive, said today during a call with analysts the pace of contract awards has "modestly improved."
But Weber said the contractor isn't sure the government will be able to spend all of its fiscal year 2018 funds.
KeyW also today reported sales during its most recent quarter reached $128 million, up 3 percent from the same three-month period a year earlier.
The contractor recorded a loss of $11.4 million in the quarter, less than the $18.4 million loss reported the prior year.
KeyW attributed the sales boost to "increased level of effort on existing business" as well as improved sales in intelligence, surveillance and reconnaissance.