Home / News / Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016

A Note From Our President & Founder Jim Garrettson

GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for the Colorado Springs-based company.

As covered on GovCon Wire Tuesday, public sector market veteran Chuck Prow has started as CEO of Vectrus and will steer the contractor through its next steps two years out from its launch.

Vectrus is the former Mission Systems business of Exelis that spun out in 2014 to act as a pure-play government services company and let both entities pursue growth in their core focus areas.

In turn, Exelis shifted to a strategy largely focused on the manufacturing of defense technologies and aerostructures prior to its $4.75 billion acquisition by Harris in May 2015.

Prow more recently led Fairfax, Virginia-headquartered CPS Professional Services for one year as president and upon his August 2015 appointment spoke to our staff in an exclusive interview to describe his next professional chapter at the time.

“I greatly enjoyed my 25 years at Coopers & Lybrand, PwC and IBM. It was an amazing journey that offered opportunities to work with governments and businesses in the U.S. and worldwide. I’m proud to be an IBMer and now-retired IBM executive.

“I always had a desire to spend the next phase of my career in an entrepreneurial, public sector-oriented growth company, ” Prow said.

Now begins the next phase of Vectrus in its journey through an ever-changing government services market environment,  and for Prow as its new leader with a New Year approaching.

THE WEEK’S OTHER TOP 10 GOVCON STORIES

Software & Industrial Conglomerate Roper Technologies to Purchase Deltek for $2.8B
Private equity firm Thoma Bravo acquired and took Herndon, Virginia-based Deltek private in 2012 for $1.1 billion.
Boeing to Acquire Liquid Robotics, Maker of Autonomous Maritime Vehicle ‘Wave Glider’
This move comes nearly 10 months after General Dynamics picked up unmanned undersea vehicle manufacturer Bluefin Robotics.
SAIC 3Q Earnings Top Street’s Consensus, Sets Post-Spin Book-To-Bill Record
CEO Tony Moraco also offered investors updates on SAIC’s progress in two U.S. Marine Corps vehicle programs.
Fitch Expects 3-5% Increase in Addressable Global Defense Market Over Next 3 Years
Analysts at the credit ratings agency lifted their outlook on the sector to positive from stable.
Booz Allen’s Greg Wenzel Details Engineering, Digital Services Push Through Aquilent Buy
Wenzel also outlines the agile development and software engineering skillsets Aquilent’s staff brings to Booz Allen.
Wayne Lewandowski on Vormetric’s Integration Into Thales, Bookings Growth & Data Encryption Trends at Agencies
Vormetric’s U.S. federal sales lead also overviews Thales’ outlook on the U.S. public sector market in this Q&A.
David Cummins Appointed Transportation Group SVP at Serco’s North American Arm
Serco Inc. CEO Dan Allen said Cummins will oversee the government services contractor’s transportation business expansion efforts.
Retired Air Force Chief of Staff Mark Welsh Joins Northrop’s Board of Directors
Northrop Grumman expands its board of directors roster to 14 with the addition of Welsh, who retired in July after 40 years in the service.
L-3 Unveils New Name & Rebranding to Reflect Technology Strategy Shift
NYC-based L-3’s acquisition strategy this year has largely focused on technologies in the defense and security market.
Adobe, GSA Ink Govt-Wide Data Security Software Procurement Deal
GSA signed the enterprise agreement with Adobe to help customers get data security and electronic signature software products.

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