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Tag Archives: Vectrus

Vectrus Lands $115M Army Recompete Award for O&M, IT Support; Chuck Prow Comments

Vectrus Systems (NYSE: VEC) has won a potential $115 million contract from the U.S. Army to continue operations and maintenance, information technology support and supply services for the U.S. Army Europe, U.S. European Command and U.S. Africa Command. The company said Wednesday the Operations, Maintenance and Supply–Europe contract has an eight-month base …

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April 26 Market Close: GovCon Index Up Slightly as Markets React to Proposed Tax Plan

The Executive Mosaic GovCon Index moved opposite to market direction and closed up slightly to 93.084 or 0.290 percent. Advancers outpaced decliners 2 to 1. U.S. markets reversed their significantly positive movement from the past two days to close slightly down. Investors reacted cautiously to President Trump’s new tax plan due to …

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April 25 Market Close: GovCon Index Down Slightly as Markets Near Record Highs on Strong Earnings

The Executive Mosaic GovCon Index moved opposite to market direction and closed down slightly to 92.815 down 0.071 percent. Advancers outpaced decliners 2 to 1. U.S. markets were up significantly for the second day. The S&P500 and DJIA closed near record high, while the NASDAQ closed at a new 52 week high …

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Vectrus Again Secures ‘Military Friendly Employer’ Recognition; Chuck Prow Comments

TYSONS CORNER, VA, April 24, 2017 — Vectrus (NYSE: VEC) has received recognition as a “Military Friendly Employer” for its employment opportunities available to military veterans, GovCon Executive reported Friday. The company said Thursday Victory Media awarded the designation as part of the 2017 Military Friendly Employers list based on six categories that …

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Former Fluor Exec Kevin Leonard Joins Vectrus as Facility, Logistics Services SVP

Kevin Leonard, former vice president of contingency operations at Fluor‘s (NYSE: FLR) government group and a retired U.S. Army major general, has joined Vectrus (NYSE: VEC) as senior VP of the Colorado Springs-based company’s facility and logistics services business. Vectrus said that Leonard will oversee the unit’s efforts to develop and implement short- and long-term growth …

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April 20 Market Close: GovCon Index and Markets Surge On Speculation of Tax Cuts

The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners. U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon. At market close WTI was up $0.18 to $50.26 per barrel as traders speculate …

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April 19 Market Close: GovCon Index Up as Markets Close Mixed

The Executive Mosaic GovCon Index closed up as advancing stocks outpaced declining 2 to 1. U.S. markets closed mixed as the economy grew at modest to moderate rates per the Bloomberg report. IBM reported weak earnings which helped hold the markets back. At market close WTI was also down $1.86 to $ …

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April 18 Market Close: GovCon Index and Major Markets Drop as Goldman Earnings Down

The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy producers, and …

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April 17 Morning Report: GovCon Index and Markets End Short Trading Week Down

Last week was a short trading week with markets closed on Friday in observance of the Easter holiday. The markets fell as banks reported earnings and stocks were down. GovCon Index decliners outpaced advancers at a ratio of 6 to 1. At market close WTI was positive $0.07  to close …

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April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

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