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Tag Archives: Afghanistan

Report: Pentagon Plans to Send Thousands of U.S. Troops to Afghanistan

The Department of Defense is planning to send between 3,000 to 5,000 additional U.S. troops to Afghanistan, reports CBS News. An announcement on the exact number from Defense Secretary Jim Mattis is expected in the next few days or weeks. The top U.S. commander in Afghanistan has said that he …

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PAE to Help Train Afghan Forces Under $142M Army FMS Deal

PAE has won a potential five-year, $142.1 million contract from the U.S. Army to help train and mentor Afghanistan’s national defense and security forces. The Defense Department said Tuesday that PAE’s government services unit will also provide logistics support services to Afghan forces under the foreign military sales contract. Five …

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GovCon Wire’s Weekly Roundup: Blockchain’s Impact on Industry & More

Weekly Roundup May 8 – May 12 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It’s been nearly a decade since Satoshi Nakamoto first dreamt up the core component of the technology known as blockchain – the decentralized, digital currency Bitcoin has evolved …

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Chairman of Joint Chiefs: No Decision Yet on Force Size in Aghanistan

The decision on whether to increase U.S. forces in Afghanistan has not yet been made, the chairman of the Joint Chiefs of Staff said Tuesday. DOD News reported that Marine Corps Gen. Joe Dunford said national security leaders have not presented President Donald J. Trump with Afghanistan troop recommendations for the …

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Vectrus Announces Positive First Quarter Results

Vectrus, Inc. (NYSE:VEC) saw its stock rise 3 percent after it announced better than expected first quarter 2017 results of $290.1 million revenue, and operating income of $11.6 million and diluted earnings per share of $0.60. Net cash provided by operating activities was $9.9 million in the first quarter or 4% …

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Vectrus Systems Lands AFCAP IV Logistics Support Task Order; Chuck Prow Comments

TYSONS CORNER, VA, Feb. 23, 2017 — A Vectrus (NYSE: VEC) subsidiary will provide logistics support to the U.S. Air Force‘s Bagram Expeditionary Logistics Readiness Squadron in Afghanistan under a potential $14 million task order, ExecutiveBiz reported Feb. 15. The company said Feb. 14 Vectrus Systems will provide the services as part of the task …

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PAE to Extend Operations, Maintenance Support at US Embassy in Kabul Under $71M Contract

PAE has secured a potential five-year, $71 million contract from the State Department‘s Bureau of Overseas Building Operations to provide continued support to the American Embassy in Kabul, Afghanistan. The company said Wednesday that it will continue to help the State Department run and maintain the AEK facility as well as designated U.S. …

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Army Exercises $126M Contract Option for DynCorp Aviation Field Maintenance Services

DynCorp International has secured a $125.5 million contract modification from the U.S. Army to provide aviation field maintenance services for the continental U.S. operations of the Army Aviation and Missile Command’s aviation field maintenance division. The Defense Department said Thursday the award exercises option year three of a previously awarded foreign military sales …

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

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

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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