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Tag Archives: Afghanistan

State Dept OKs $60M Crew-Served, Individual Machine Gun, Rifle Sale to Afghanistan

military in training

The State Department has approved Afghanistan’s request to purchase crew-served and individual weapons and related support from the U.S. government under a potential $60 million foreign military sales agreement. Afghanistan asked to buy 4,891 units of M16A4 rifles, 485 M240B machines guns and 800 M2 machine guns in support of the …

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SOS International Lands State Dept Contract for Media Analysis Support in Afghanistan

SOS International

TYSONS CORNER, VA, Aug. 12, 2016 — SOS International‘s Exovera subsidiary will provide its EV3 cloud-based media analysis software to support the U.S. diplomatic mission in Afghanistan under a five-year contract with the State Department, ExecutiveBiz reported Thursday. SOSi said Wednesday EV3 will work to monitor and analyze traditional and social media activities in Kabul then …

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Vectrus Lifts 2016 Earnings, Revenue Guidance

Vectrus

Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second half and expectations of extra payments on debt. The Colorado Springs-based government communications services contractor now expects earnings per share in the $2.07-$2.32 range versus the previous $2.02-$2.31 range with revenue of $1.18 billion-$1.2 billion compared to …

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AM General Lands $356M Army Contract Modification for Afghanistan Humvee Production

Humvee

AM General has received a one-year, $356.2 million contract modification from the U.S. Army to build an additional 1,259 Humvees for Afghanistan. The Defense Department said Friday that AM General will also produce 414 troop enclosure Humvees and will perform contract-related work in Mishawaka, Indiana, through July 29, 2017. The Army obligated the …

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Harris’ $1.7B Radio Systems FMS Contract Takes Effect

ManpackRadio

A $1.7 billion contract between the U.S. Army and Harris Corp. (NYSE: HRS) for the supply of company-built tactical radios to Afghanistan took effect Wednesday. The Defense Department said Wednesday it “inadvertently” announced the service branch’s award of the foreign military sales contract to Harris on June 16. The contract will run …

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CACI Lands Task Order to Help Centcom Counter Narco-Terrorism; Ken Asbury Comments

Ken Asbury

TYSONS CORNER, VA, June 22, 2016 — CACI International (NYSE: CACI) will continue to provide support for U.S. Central Command‘s efforts to counter narco-terrorism under a multimillion-dollar task order from the U.S. Army, ExecutiveBiz reported Monday. The company said Monday the task order was awarded under the Rapid Response 3rd Generation contract vehicle and …

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Retired Army Gen. John Campbell Joins BAE US Arm’s Board of Directors

John Campbell

John Campbell, a retired U.S. Army general and former commander of U.S. forces and the International Security Assistance Force in Afghanistan, has been appointed to the board of directors of BAE Systems‘ U.S. subsidiary. He will serve a three-year term on the BAE Systems Inc. board, the company said Wednesday. “General Campbell brings extensive leadership and operations …

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

GovConIndexUP

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

Vectrus

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

Scan Eagle - ExecutiveMosaic

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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