Home / Tag Archives: Triple Canopy

Tag Archives: Triple Canopy

Five Firms to Provide Security Support Services Under $4B Army Contract

The U.S. Army has selected five companies to compete for orders under a potential six-year, $4B firm-fixed-price, multiple-award contract for the delivery of security support services. The service branch will assign work locations and funds with every order for work that would occur through Nov. 1, 2024, the Defense Department …

Read More »

Chris Sorenson Appointed Janus Interim COO; Matt Kaye Comments

Chris Sorenson, former chief operating officer of Triple Canopy and a 29-year U.S. Army  veteran, has been appointed as interim COO of global logistics and stability services contractor Janus Global Operations. He succeeds Alan Weakley, who left JGO after a three-year tenure, the company said Thursday. “Sorenson has deep international experience leading companies and commanding …

Read More »

Former IBM Govt Lead Chuck Prow Appointed CEO at Vectrus

Chuck Prow, a former head of IBM‘s (NYSE: IBM) global government business and a 12-year Big Blue veteran, has joined Colorado Springs-based government services contractor Vectrus (NYSE: VEC) as CEO and board of directors member in a transition that took effect Tuesday. Vectrus announced the transition in a Tuesday release and said Ken …

Read More »

Natl Security Market Vet Susan Holley Named SC3 Business Devt SVP; David Page Comments

Susan Holley, a 26-year national security services industry veteran, has joined SC3 as senior vice president of business development at the Alexandria, Virginia-based technology and consulting services contractor. SC3 said that Holley will report directly to CEO David Page and lead the company’s efforts to identify new business opportunities, partnerships and …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

State Dept Chooses 7 for New Worldwide Protective Services Contract

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 …

Read More »