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Tag Archives: Vectrus

Weekly Roundup Oct 12 – Oct 16 2015: Frank Kendall Expands Thoughts on Defense Sector Consolidation Prospects & more

Weekly Roundup Oct 12 – Oct 16 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer took to the TV airwaves this week to expand further on his message that the defense prime contractor landscape should remain in …

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Chico Moline Joins Vectrus as IT, Network Comm VP; Ken Hunzeker Comments

Rene “Chico” Moline, formerly a business lead at Harris Corp. (NYSE: HRS), has joined Vectrus (NYSE:VEC) as vice president of the Colorado Springs-based company’s information technology and network communication service line. He will oversee Vectrus’ efforts to execute its short and long-term IT and network communication programs, Vectrus said Monday. Vectrus was …

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Vectrus Systems Gets $160M Army Contract Modification for SW Asia Support

Vectrus Systems, a subsidiary of Exelis (NYSE: XLS) spinoff company Vectrus (NYSE: VEC), will provide operations and maintenance support for the U.S. Army‘s communications equipment and information systems under a $160.2 million contract modification. The Defense Department said Thursday Vectrus will support the Army Network Enterprise Technology Command‘s 160th Signal Brigade and …

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Exelis Reports 1% 4Q Revenue Bump, $3B in FY 2014 Contract Awards

Exelis (NYSE: XLS) has announced financial results for the fourth quarter and its full 2014 fiscal year ended Dec. 31, 2014. Exelis said the results reflect the September 2014 spinoff of its former mission systems business into the company now known as Vectrus. The McLean, Va.-based defense technology maker said its …

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Kenneth Hunzeker Inducted into Wash100 for Transitional Leadership

Executive Mosaic, Tysons Corner, VA February 24, 2015 – Kenneth Hunzeker, president and CEO of Vectrus, has been inducted as one of this year’s Wash100 most influential leaders in GovCon for his transitional leadership role. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic’s organizational and editorial …

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Vectrus Wins $411M to Help Maintain US Air Force Base in Greenland

A Denmark-based company owned by Vectrus (NYSE: VEC) has won a potential $411 million contract from the U.S. Air Force to provide maintenance services at Thule Air Base in northern Greenland. USAF is obligating $505, 789 at the time of award from operations and maintenance funds in fiscal 2015, the …

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Exelis Spins Off Gov’t Services Arm ‘Vectrus’

Exelis (NYSE: XLS) has completed the spinoff of its mission systems business unit into a standalone company called Vectrus. Vectrus will trade under the “VEC” ticker symbol beginning on Monday and aims to deliver information technology, infrastructure and supply chain management, network communication and logistics services in the government market, …

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Exelis Sets Mission Systems Business Spinoff Completion Date, ‘Vectrus’ to Start NYSE Trading Sept. 29

Exelis‘ (NYSE: XLS) board of directors has approved the spinoff of the company’s mission systems business division into a separate, publicly traded company that will operate as Vectrus. The companies have set Sept. 27 as the date to complete the transaction and Vectrus will begin regular way trading on the New York Stock Exchange Sept. …

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David Melcher: Exelis Services Spinoff ‘Vectrus’ to Offer Tech, Supply Chain Mgmt Services

Exelis (NYSE: XLS) has decided on a name for the future military and government services company that will spinoff from Exelis sometime during the summer of this year. Currently part of Exelis’ mission systems segment, Vectrus will have 7, 000 employees in more than 100 locations across 18 countries and has …

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