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Tag Archives: Afghanistan

March 16 Market Close: GovCon Index Accelerates in PM After Fed Cuts Rate Hike Path; Vectrus Top GCI Gainer

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The GovCon Index turned upward in the last two hours of trade Wednesday after the Federal Reserve announced it would baseline interest rates unchanged and closed at a gain of 0.599 points to 73.987. Index stock Vectrus (NYSE: VEC) led all gainers at 9.44 percent after the information technology and communications contractor posted earnings …

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Vectrus 2016 Guidance Mixed Versus Street Estimates; 2015 & 4Q Earnings Top Analyst Forecasts

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Vectrus (NYSE: VEC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has issued earnings and revenue guidance for 2016 with the midpoint outlooks respectively below and level the consensus Wall Street forecast on continued declines in sales for programs based in Afghanistan. The Colorado Springs-based information technology …

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Navy Picks Boeing’s Insitu for $71M ScanEagle FMS Contract With Afghanistan

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Boeing‘s (NYSE: BA) Insitu subsidiary has secured a potential three-year, $71 million contract from the U.S. Navy to produce eight ScanEagle unmanned aerial systems for Afghanistan through a foreign military sales agreement. The firm-fixed-price contract covers ScanEagle aerial vehicles, support tools, a training facility for the UAVs, spares and field support services, the Defense …

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DynCorp Gets $154M Modification to Extend O&M Support to Army in Afghanistan

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DynCorp International has received a one-year, $154.3 million modification to a task order under the Logistics Civil Augmentation Program IV contract to continue to provide operations and maintenance support to the U.S. Army Sustainment Command. The company said Monday the task order covers base life support and O&M services in Afghanistan, including facilities …

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September 9 Market Close: GovCon Index Dips, US Markets Decline in PM Session

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The GovCon Index closed down 0.686 points to 72.072 on a day that saw continued volatility in U.S. and global markets despite a rise in equities. All three major U.S. stock indices were up 1 percent at one point in the morning session and receded into negative territory in the 1:00 p.m. Eastern …

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AM General Receives Int’l Order for High Mobility Multipurpose Wheeled Vehicles

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AM General will provide 2,082 High Mobility Multipurpose Wheeled Vehicles and spare parts to Afghanistan, Iraq, Kenya, Lebanon, Tunisia and Ukraine under a $372.9 million foreign military sale contract with the U.S. Army. The Defense Department said Monday the company will perform contract-related work in Indiana through April 29, 2016. The full obligated amount is …

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DynCorp Adds IFS Tools to Aircraft Maintenance Work in Afghanistan

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TYSONS CORNER, VA June 9, 2015 — ExecutiveBiz reported Monday on DynCorp International adding the IFS Fleet and Asset Management tool to the suite of applications it uses to keep track of DoD aircraft in Afghanistan. IFS said Monday the product directly interfaces with DI’s technical data worksites that work …

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Tetra Tech to Advise USAID on Afghan Provincial Gov’t Partnership

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Tetra Tech (NASDAQ: TTEK) will provide technical and advisory services to the U.S. Agency for International Development for the agency’s work with Afghanistan’s provincial government system under a five-year, $62 million contract. The company said Tuesday it will help USAID establish information management systems, databases and other governance systems to facilitate public services. The contract focuses …

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Tetra Tech Awarded $216M to Help USAID Promote Gender Equality in Afghanistan

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The U.S. Agency for International Development has awarded Tetra Tech (NASDAQ: TTEK) a potential $216 million to help the agency launch a gender equity campaign to empower Afghan women. Tetra Tech said Monday the initial task order has a $42 million value and calls for the company to support USAID’s …

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David Dacquino, SkyLink Aviation Form JV with the First Compliant Afghan Airline

SkyLink Aviation and Afghanistan-based East Horizon Airlines have formed a joint venture to provide aviation and logistics services across that country, the companies said Nov. 19. The announcement noted East Horizon is the youngest airline in Afghanistan and the first to be compliant with the Afghanistan Civil Aviation Authority‘s new rules and …

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