Author: Joanna Crews|| Date Published: February 20, 2018
Chuck Prow
A subsidiary of Vectrus (NYSE: VEC) has won a potential five-year, $108 million contract to help manage U.S. Army dining facilities in Kuwait.
Vectrus Systems will provide equipment, personnel, supplies, tools, materials and transportation services under the Kuwait Dining Facilities3.0 contract, the company said Tuesday.
Chuck Prow, Vectrus president and CEO, said the DFAC 3.0 contract will help expand the company’s base business.
“Furthermore, this new work improves our overall revenue visibility in 2018 and should add over $20 million annually through February 2023,” added Prow, a 2018 Wash100 recipient.
The company will provide food service operations support at nine dining facilities located in Ali Al Salem Air Base, Camp Arifjan, Camp Buehring, Kuwait Naval Base and Mubarak Air Base.
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…