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Tag Archives: Afghanistan

Vectrus Says Army to Re-Open Bids for Kuwait Logistics Contract, Narrows Earnings Guidance With Revenue Outlook Lift

Vectrus

GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Government Accountability Office decision on a …

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Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus

Money

GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the third quarter on growth …

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AM General to Supply Afghanistan With More Humvees for $109M

humvee

AM General has received a $108.8 million contract modification from the U.S. Army to deliver an additional 433 Humvees to Afghanistan under a foreign military sales deal. The Defense Department said Tuesday it expects the company to finish work under the modification by Sept. 29, 2017. DoD added the full obligated amount at the time of …

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DLA Awards SNC Manufacturing $102M Modification for Combat Uniform Coats

military in training

SNC Manufacturing has been awarded a $102.2 million contract modification by the Defense Logistics Agency to supply combat uniform coats to the U.S. Army and Afghanistan. The Defense Department said Wednesday the modification exercises the fourth option in a previously awarded indefinite-delivery/indefinite-quantity contract and increases the contract’s potential value to $216.8 million. DLA Troop Support will obligate fiscal …

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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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