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Tag Archives: Vectrus

Jim Garrettson, CEO of Executive Mosaic, Presents Chuck Prow, President and CEO of Vectrus, His Fifth Wash100 Award

Jim Garrettson, founder and CEO of Executive Mosaic, presented Chuck Prow, president and chief executive officer of Vectrus, with his fifth Wash100 Award on Wednesday. The award comes after Vectrus was selected for the U.S. Army’s potential $82 billion LOGCAP V contract vehicle on April 12th.  Executive Mosaic recognizes Prow …

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Four Companies Win Spots on Potential $82B Army LOGCAP V Contract Vehicle

The U.S. Army has selected four companies to compete for military logistics support task orders under a potential $82B contract vehicle over 10 years. Army Contracting Command received six bids for the Logistics Civil Augmentation Program V through an online-based solicitation process, the Department of Defense said Friday. LOGCAP V …

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William Noon Appointed Interim CFO at Vectrus

William Noon, a corporate vice president and chief accounting officer at Vectrus (NYSE: VEC), has been selected by the board to serve as acting chief financial officer of the company starting April 15. Noon will assume the responsibilities of the departing Matthew Klein, a senior VP and CFO at Vectrus, …

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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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