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V2X (NYSE: VVX) reported $498 million in sales for the second quarter of 2022, up 6 percent from the prior-year period, and said the quarterly results for the period ended July 1 reflect contributions of Vectrus prior to the completion of its merger with The Vertex Company. In early July, Vectrus closed its all-stock merger...

Following the completion of the all-stock merger between Vectrus and Vertex that resulted in the establishment of V2X, Chuck Prow, CEO of the new and more diversified company, engaged in a Q&A with GovCon Wire to share the early discussions about the combination and to expound on the rationale behind the transaction. The eight-time recipient...

Chuck Prow, chief executive officer of the recently formed V2X, was presented his 2022 Wash100 Award, the eighth time he’s received the most prestigious award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office. Executive Mosaic recognizes Chuck Prow as one of the mo...

Shareholders at Vectrus (NYSE: VEC) approved Wednesday the company’s proposed combination with Vertex and both parties expect the transaction to close in the third quarter of 2022. The combined entity will adopt the name V2X and trade on the New York Stock Exchange under the ticker symbol “VVX” upon the deal’s closing, Vertex said Wednes...

Chuck Prow, CEO of Vectrus (NYSE: VEC) and an eight-time Wash100 winner, attributed the 5.2 percent year-over-year growth in the company’s fiscal 2022 first-quarter revenue partly to its continued phase-in work under the U.S. Army’s Logistics Civilian Augmentation Program V. The Colorado Springs-based government services contractor said ...

Vectrus (NYSE: VEC) saw its full 2021 revenue increase 28 percent to $1.78 billion and reported $419.4 million in sales for the fourth quarter of 2021, up 18 percent from the prior-year period. The Colorado Springs, Colorado-based government services contractor said Monday it ended the year with a total backlog of $5 billion, of which...

Vectrus (NYSE: VEC) has received a $250 million cost-plus-fixed-fee task order from the U.S. Army to perform logistics support work for Fort Benning in Georgia. The award falls under the Enhanced Army Global Logistics Enterprise contract and includes options that would extend services through December 2026, the company said Tuesday. Chuck Prow, pres...