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Tag Archives: amphibious combat vehicle

BAE-Iveco Team Wins Potential $1.2B Contract to Build Marines’ Amphibious Combat Vehicles

A BAE Systems–Iveco Defence Vehicles team has beaten the team of Science Applications International Corp. (NYSE: SAIC) and ST Kinetics for a potential $1.2 billion U.S. Marine Corps contract to build amphibious combat vehicles. BAE said Tuesday it will aim to deliver the first 30 ACVs under the contract that has a $198 million initial value and …

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BAE Teams With Iveco for Bid on Marines’ Amphibious Combat Vehicle Contract

TYSONS CORNER, VA, Jan. 16, 2018 — BAE Systems has teamed with Iveco Defence Vehicles on a proposal to build the U.S. Marine Corps‘ amphibious combat vehicles following an engineering and manufacturing development phase, ExecutiveBiz reported Thursday. BAE said Jan. 9 the team’s offering for the Amphibious Combat Vehicle 1.1 program is designed to …

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SAIC Rolls Out Prototype Amphibious Combat Vehicle to Marines; Tony Moraco Comments

TYSONS CORNER, VA, Feb. 27, 2017 — Science Applications International Corp. (NYSE: SAIC) has unveiled a prototype amphibious combat vehicle it developed for the U.S. Marine Corps based on ST Kinetics‘ TERREX, ExecutiveBiz reported Wednesday. The company said Tuesday ACV 1.1 will work to transport combat units from ship to shore and …

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Weekly Roundup February 21 – February 24 2017: STG Starts Next Chapter w/ Intell-Focused Buy & more

Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares …

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SAIC Rolls Out 1st Amphibious Combat Vehicle Prototype to Marines

TYSONS CORNER, VA, Feb. 23, 2017 — Science Applications International Corp. (NYSE: SAIC) has unveiled an amphibious combat vehicle prototype that the company developed for the U.S. Marine Corps as a ship-to-shore transport for warfighters, ExecutiveBiz reported Wednesday. The company said Tuesday the rollout of the ACV 1.1 prototype occurred at its integration …

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SAIC 3Q Earnings Top Street’s Consensus, Sets Post-Spin Book-To-Bill Record

GovCon Index-listed Science Applications International Corp. (NYSE: SAIC) reported third quarter earnings above the consensus Wall Street analyst forecast Thursday as the government contractor also set a record book-to-bill ratio since its September 2013 spinoff from former parent Leidos Holdings (NYSE: LDOS). SAIC reported $0.91 earnings per share for the …

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BAE, SAIC Amphibious Combat Vehicle Prototypes to Undergo Tests in 2017

TYSONS CORNER, VA, Sept. 30, 2016 — The Amphibious Combat Vehicle prototypes submitted by BAE Systems and Science Applications International Corp. (NYSE: SAIC) are scheduled to undergo tests by the U.S. Marine Corps in 2017, ExecutiveBiz reported Thursday. Marine Corps Times reported Tuesday the service branch will choose one contractor by 2018 to …

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SAIC 2Q Earnings Top Street on Integration Cost Decline, Revenue Flat

Science Applications International Corp. (NYSE: SAIC) reported second quarter earnings above analyst forecasts before markets opened Thursday with a year-over-year increase to net income in part on lower acquisition and integration costs. GovCon Index-listed SAIC said earnings for the quarter ended Aug. 5, 2016 came in at 85 cents per share …

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November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

The GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving. Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday. The Index last closed at or above 80 points …

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November 25 Market Close: GovCon Index Shows Little Change on Light Volume Day

The GovCon Index treaded in neutral territory on a light-volume day in markets and closed at a nominal loss of 0.007 points to 79.674. U.S. markets are closed Thursday for Thanksgiving and will be open Friday until 1 p.m. Eastern time. Science Applications International Corp. (NYSE: SAIC) and BAE Systems (over-the-counter) showed gains after the …

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