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Tag Archives: Vectrus

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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