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Tag Archives: Vectrus

Vectrus to Continue Army Base Operations Support in Kuwait Under $548M Award

Vectrus (NYSE: VEC) has received a one-year, $547.6M contract modification to continue helping the U.S. Army manage a military installation in Kuwait. The company will provide base operations and security support at Camp Arifjan through March 28, 2020 under the modification, the Department of Defense said Thursday. Army Contracting Command …

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Executive Mosaic Launching 2019 GovConIndex, Names 30 Basket Stocks to Track Industry

Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …

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Vectrus Recorded $3B in Total Backlog, 15% Revenue Growth in 2018; Chuck Prow Quoted

Vectrus (NYSE: VEC) saw its full-year 2018 revenue grow 15 percent to $1.3B and ended the year with $3B in total backlog. The Colorado Springs, Colo.-based government services contractor said Tuesday it recorded $48.3M in 2018 operating income with diluted earnings per share of $3.10 and $40M in net cash …

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Vectrus to Continue Navy C4I Systems Engineering Support Under $151M Task Order; Chuck Prow Quoted

Vectrus’ (NYSE: VEC) systems subsidiary has received a five-year, $151M task order to engineer command, control, communications, computer and intelligence systems that support the U.S. Navy’s afloat operations. Work covers end-to-end systems engineering work on C4I platforms the military branch uses to manage shore facilities, strike groups, command ships and …

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Vectrus to Continue Army Comms Services Under $248M Contract Modification

Vectrus (NYSE: VEC) has received a $247.8M contract modification to provide communications services to the U.S. Army at various overseas locations. The company will receive $178M in fiscal 2019 operations and maintenance funds from the Army at the time of award and will perform work through Feb. 28, 2020, the Defense Department said …

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Chuck Prow: Vectrus to Support Guantanamo Bay Naval Base Operations Under $60M GCSMAC II Task Order

Vectrus‘ (NYSE: VEC) systems subsidiary has won a potential two-year $60M task order from the U.S. Navy to help the service branch manage Naval Station Guantanamo Bay in Cuba. The order was issued through the Global Contingency Services Multiple Award Contract II and contains a one-year base period along with two six-month …

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Army Issues 198 Awards Under $37.4B Professional Engineering Services Contract

The U.S. Army has revealed a new roster of industry partners under a potential $37.4B contract that covers knowledge-based professional engineering support services to command, control, communications, computers, intelligence, surveillance and reconnaissance programs. The Army Contracting Command received 388 bids for the Responsive Strategic Sourcing for Service procurement vehicle via …

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Vectrus Lands Nearly $60M Task Order for Navy Base Operations Support in Cuba

TYSONS CORNER, VA, October 18, 2018 — Vectrus (NYSE: VEC) will provide maintenance and operations services to the U.S. Navy in support of the service branch’s base in Guantanamo Bay, Cuba, under a potential $59.7M task order, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday Vectrus Systems will assist in waste and utilities management, …

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Kevin Boyle Named Vectrus SVP, Chief Legal Officer & General Counsel; Chuck Prow Quoted

Kevin Boyle, former senior vice president, general counsel and secretary at Vencore, has joined Vectrus (NYSE: VEC) as its SVP, chief legal officer and general counsel. He succeeds Michele Tyler, who will stay in her SVP role to assist with the transition, Vectrus said Wednesday. Chuck Prow, president and CEO of Vectrus and …

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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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