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Following Jacobs Engineering Group’s (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the GovConIndex as ...
Executive Mosaic management has updated the GovConIndex to replace KeyW as a member of the “GovCon30” with United Technologies Corp. (UTX) following the completion of Jacobs Engineering Group’s (JEC) acquisition of KeyW on June 12th. UTC joins the GovConIndex as one of 30 publicly traded GovCon firms to represent a cross-industry analysis o...
The State Department has awarded 11 companies potential five-year contracts worth up to $6B combined to provide diplomatic platform support services....
Jim Garrettson, founder and CEO of Executive Mosaic, presented Chuck Prow, president and chief executive officer of Vectrus, with his fifth Wash100 Award on Wednesday. The award comes after Vectrus was selected for the U.S. Army’s potential $82 billion LOGCAP V contract vehicle on April 12th. Executive Mosaic recognize...
The U.S. Army has selected four companies to compete for military logistics support task orders under a potential $82B contract vehicle over 10 years. Army Contracting Command received six bids for the Logistics Civil Augmentation Program V through an online-based solicitation process, the Department of Defense said Friday. LOGCAP V has an initial o...
William Noon, a corporate vice president and chief accounting officer at Vectrus (NYSE: VEC), has been selected by the board to serve as acting chief financial officer of the company starting April 15. Noon will assume the responsibilities of the departing Matthew Klein, a senior VP and CFO at Vectrus, and continue to serve as...
Vectrus (NYSE: VEC) has received a one-year, $547.6M contract modification to continue helping the U.S. Army manage a military installation in Kuwait. The company will provide base operations and security support at Camp Arifjan through March 28, 2020 under the modification, the Department of Defense said Thursday. Army Contracting Command will obli...
Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in approximately real-time. T...
Vectrus (NYSE: VEC) saw its full-year 2018 revenue grow 15 percent to $1.3B and ended the year with $3B in total backlog. The Colorado Springs, Colo.-based government services contractor said Tuesday it recorded $48.3M in 2018 operating income with diluted earnings per share of $3.10 and $40M in net cash provided by operating activities for...
Vectrus’ (NYSE: VEC) systems subsidiary has received a five-year, $151M task order to engineer command, control, communications, computer and intelligence systems that support the U.S. Navy’s afloat operations. Work covers end-to-end systems engineering work on C4I platforms the military branch uses to manage shor...
