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Search Results for: Vectrus

Vectrus Reports 24% Rise in Q2 2018 Revenue; Chuck Prow Comments

Vectrus (NYSE: VEC) recorded $321 million in revenue for the second quarter of fiscal 2018, up 24 percent from the same period last year. Chuck Prow, Vectrus president and CEO, said in a statement published Tuesday the revenue increase can be associated with the company’s acquisition of SENTEL and 12 …

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Vectrus Makes 2nd Straight Appearance in Annual ‘Best for Vets: Employers’ List

TYSONS CORNER, VA, July 27, 2018 — Vectrus (NYSE: VEC) has been named in an annual list of employers that best served the needs of service members, veterans and their families in 2018 based on culture, veteran recruitment, policies and accommodations for National Guard and reserve forces, ExecutiveBiz reported Thursday. …

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Vectrus Tapped to Maintain US Army Base in Germany; Chuck Prow Comments

TYSONS CORNER, VA, July 23, 2018 — The U.S. Army has awarded a Vectrus (NYSE: VEC) business unit a potential five-year, $43 million contract to provide maintenance support at an Army base located in Stuttgart, Germany, ExecutiveBiz reported July 13. The company said July 12 Vectrus Systems will perform administration, facility …

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Vectrus Named ‘Military Friendly’ Employer for 2018; Chuck Prow Comments

TYSONS CORNER, VA, July 6, 2018 — Vectrus (NYSE: VEC) has been named a 2018 Military Friendly Employer by Victory Media in recognition of the Colorado-based company’s efforts aimed at hiring and retaining service members seeking to transition to civilian employment, ExecutiveBiz reported Monday. Chuck Prow, CEO and president of Vectrus and a …

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Vectrus Subsidiary to Maintain Sheppard AFB Facilities Under $84M Contract; Chuck Prow Comments

A Vectrus (NYSE: VEC) subsidiary has secured a potential seven-year, $84 million contract to perform maintenance services in support of Sheppard Air Force Base in Texas. The company said Tuesday its Vectrus Systems subsidiary will deliver support in the areas of installation management, operations and maintenance, installation engineering and emergency management under the U.S. …

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Vectrus Gets $385M Modification on Army Base Operations Support Contract

The U.S. Army has awarded a nine-month, $385 million contract modification to a Vectrus (NYSE: VEC) subsidiary to help the military branch operate its facilities in Kuwait. The Army Contracting Command has obligated $43.9 million in fiscal 2018 operations and maintenance funds at the time of award, the Defense Department said Monday. …

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Vectrus Secures $108M Contract to Support Army Food Service Operations in Kuwait; Chuck Prow Comments

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 Facilities 3.0 contract, the company said Tuesday. Chuck Prow, Vectrus president and CEO, said the DFAC 3.0 contract …

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Chuck Prow: Vectrus Buys SENTEL to Add Intell Footprint, Expand Logistics & IT Offerings

Vectrus (NYSE: VEC) has bought Alexandria, Virginia-based SENTEL for $36 million in a push to grow client base in the intelligence and federal civilian markets as well as broaden logistics, information technology and technical service offerings for customer agencies. Colorado Springs-based Vectrus said Tuesday it funded the transaction with cash on hand and …

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IBM Vet David Hathaway Named Vectrus IT, Network Comm Services SVP

David Hathaway, formerly vice president, partner and head of defense and intelligence industry team at IBM’s (NYSE: IBM) global business services unit, has joined Vectrus (NYSE: VEC) as senior VP for information technology and network communication services, GovConWire has learned. Hathaway oversees the development and implementation of network communications and …

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Vectrus Unit to Continue Army Base Operations Support in Qatar

TYSONS CORNER, VA, Aug. 18, 2017 — The Vectrus (NYSE: VEC) systems business will help the U.S. Army oversee base operations in Qatar under a $49.5 million contract modification, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the modification work has a period of performance through Sept. 29, 2018, and is funded with the …

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