Author: Jane Edwards|| Date Published: March 29, 2016
A Vectrus (NYSE: VEC) subsidiary has secured a potential $329 million contract modification to provide security and base operations support services to the U.S. Army.
Vectrus Systems will perform work in Kuwait through Dec. 28, 2016, the Defense Departmentsaid Monday.
The Army Contracting Command will obligate the full contract amount from the service branch™s operations and maintenance funds for fiscal 2016.
Colorado Springs, Colo.-based Vectrus provides information technology, infrastructure asset management, network communication, supply chain management and logistics support to government and commercial clients.
Vectrus became a standalone company in September 2014 after Exelis, which is now a subsidiary of Harris Corp. (NYSE: HRS), spun off its former mission systems business unit.
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A Vectrus (NYSE: VEC) subsidiary has secured a potential $329 million contract modification to provide security and base operations support services to the U.S. Army.
