Posts from GovConWire for 03/16/2016

Boeing Lands $897M Army Contract Modification for Lot 14 Chinook Helicopters

Boeing (NYSE: BA) has secured a potential $897 million contract modification to build and deliver to the U.S. Army a total of 39 CH-47F Chinook helicopters under production lot 14. The multiyear contract covers 12 new-build Chinooks and 27 renew helicopters, the Defense Department said Tuesday…

Aleut Awarded $395M Air Force Contract for Cape Canaveral Infrastructure Support

Colorado Springs, Colorado-based engineering consultant firm Aleut O&M Services has landed a $395 million contract to provide launch operations and infrastructure support to the U.S. Air Force. The indefinite-delivery/indefinite-quantity contract calls for Aleut O&M to provide facility and system operations, maintenance and engineering services at Cape Canaveral Air Force Station, the Defense Department said Tuesday…

Lockheed Martin to Produce Additional Air Force C-130J Aircraft for $106M

Lockheed Martin (NYSE: LMT) has received a $106 million contract modification to manufacture additional C-130J aircraft for the U.S. Air Force for fiscal year 2017. The company will build two C-130J-30, three HC-130J, five MC-130J and one KC-130J under the multiyear production contract, the Defense Department said Tuesday…

Utah State University Research Foundation Lands $49M Air Force Sensor Support IDIQ

Utah State University Research Foundation’s Space Dynamic Laboratory has been awarded a $49 million contract to research and develop dynamic sensors for the U.S. Air Force. The lab will work to assist in the sensor development, image processing and data analysis efforts of the service under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Tuesday…

Vectrus 2016 Guidance Mixed Versus Street Estimates; 2015 & 4Q Earnings Top Analyst Forecasts

Vectrus (NYSE: VEC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has issued earnings and revenue guidance for 2016 with the midpoint outlooks respectively below and level the consensus Wall Street forecast on continued declines in sales for programs based in Afghanistan…

CSRA Adds Former Jacobs CEO Craig Martin to Board of Directors; Mike Lawrie Comments

Craig Martin, a former president and CEO of Jacobs Engineering, has been elected to join the board of directors of the Falls Church, Virginia-based IT services company CSRA. The 30-year professional services industry vet will join CSRA to provide his technical expertise in the business, the company said Tuesday…

Cybersecurity Sales Vet Beau Hutto Joins Gurucul as Federal Sales VP

User behavior analytics provider Gurucul has appointed Beau Hutto as vice president for federal sales to help drive the company’s government market reach. Hutto joined Gurucul from Blue Coat Systems where he held a similar role and assisted in the security company’s year-on-year revenue and workforce growth, Gurucul said Tuesday…

March 15 Market Close: GovCon Index Posts Loss, US Markets Hedge Ahead of Fed Statement

The GovCon Index traded in negative territory throughout the session Tuesday and closed at a decline of 0.355 points to 73.388 as U.S. stocks also held marginally downward ahead of the scheduled Wednesday afternoon statement from Federal Reserve policymakers when their two-day meeting concludes…