TYSONS CORNER, VA, June 2, 2020 — Vectrus (NYSE: VEC) will support base operations at the Aegis Ashore Missile Defense Facility located in Romania as part of a potential eight-year, $45M contract from the U.S. Navy, ExecutiveGov reported May 15.
The company said May 15 its work for Naval Support Facility Deveselu — which provides support for NATO's ballistic missile defense efforts — will further expand its business presence in Eastern Europe and overall market position in the continent.
"The Deveselu award is our third new contract win with the Navy in 2020 and typifies how our customized growth campaigns, which leverage our exemplary program execution, are expanding our base and adding value," said Chuck Prow, president and CEO of Vectrus.
"Our revenue base with the Navy grew 45 percent in 2019 as a direct result of our targeted campaign with this important client," added Prow, a 2020 Wash100 winner.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com
