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Tag Archives: Triple Canopy

October 3 Morning Report: GovCon Index Closes September With Loss, Maintains YTD Gain


Executive Mosaic’s GovCon Index recorded a 0.232-percent drop Friday to 80.575 and closed September with a 1.13-percent loss. McKesson Corp. (NYSE: MCK) was the top gainer for both GCI stocks and stocks co-listed with the S&P 500. KBR (NYSE: KBR), whose joint venture with Triple Canopy won the $117.8 million Kuwait Base Operations and Security Support Services …

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September 30 Market Close: GovCon Index Held By Vectrus Plunge Against S&P Gain, Post 2nd Straight Down Month


Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 …

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KBR-Triple Canopy JV Wins $118M Contract for Army Security Services in Kuwait, Vectrus Shares Plummet on Loss


A joint venture of KBR (NYSE: KBR) and Triple Canopy has won a one-year, $117.8 million contract that includes separately-funded option periods to operate a U.S. Army base in Kuwait and provide security support services for the military branch’s area support group in the country. KBR-Triple Canopy LLC will perform work through Sept. 29, 2017, the Defense Department …

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Apollo Group, Constellis Executives to Buy Out Security Services Contractor


A group of investors including New York City-based Apollo Global Management (NYSE: APO) along with executive team members at Constellis Group have agreed to undertake a buyout of the global security services contractor for an undisclosed sum. Constellis Group said Friday it expects the transaction to close by the end of September and the …

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State Dept Chooses 7 for New Worldwide Protective Services Contract

State Department

Seven companies have been awarded spots on a potential five-year, multibillion-dollar contract to help protect State Department facilities and personnel based in high-threat areas globally. A FedBizOpps notice posted Feb. 12 listed the awardees for the State Department’s Worldwide Protective Services 2 program that covers static guard, team-based emergency response and armed personal …

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Air Force Awards 15 Spots on $975M National Security, Logistics Support IDIQ


The U.S. Air Force has awarded 15 companies positions on a potential nine-year, $975 million contract to provide logistics support and help U.S. and partner agencies carry out national security missions. The service branch received 16 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Defense Department said Monday. The contractors will compete for task …

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Triple Canopy Lands $48M DHS Protective Services Contract; Mo Mulligan Comments


Triple Canopy has won a potential five-year $47.8 million contract with the Department of Homeland Security to control access at federally-owned and leased facilities in Oklahoma City and Tulsa. Security officers will perform x-ray screening, vehicle access control and mobile and foot patrol services at the sites under the contract, Triple Canopy …

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Craig Nixon Appointed Constellis Group CEO; Jason DeYonker Comments


Retired Army Brig. Gen. Craig Nixon has been named CEO of Constellis Group, the parent company of Triple Canopy and other security contractors. The 29-year military veteran most recently served as CEO of private military company Academi, where he led company efforts to sustain government client support and expand commercial and foreign market presence, Triple Canopy …

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Ignacio Balderas: Triple Canopy Seeks Talent Base Growth Through Employee Ownership

Ignacio Balderas

Triple Canopy has established an employee-owned company through a new employee benefit structure. The company forged an employee stock ownership plan for employees to obtain shares in the company, Triple Canopy said Friday. Ignacio Balderas, Triple Canopy CEO, said the company intends to expand its employee base and retain skills through the new …

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Triple Canopy JV Wins $181M for Natl Lab Security


A Triple Canopy–Securiguard joint venture has won a potential $181,672,893 contract from the U.S. Energy Department for security services at a national laboratory, the department said Thursday. Reston, Va.-based National Strategic Protective Services LLC won the potential five-year contract, which contains three base years and a two-year option. Santa Fe …

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