A Vectrus (NYSE: VEC) subsidiary has secured a potential seven-year, $84 million contract to perform maintenance services in support of Sheppard Air Force Base in Texas. The company said Tuesday its Vectrus Systems subsidiary will deliver support in the areas of installation management, operations and maintenance, installation en...
A subsidiary of Vectrus (NYSE: VEC) has won a potential five-year, $108 million contract to help manage U.S. Army dining facilities in Kuwait. Vectrus Systems will provide equipment, personnel, supplies, tools, materials and transportation services under the Kuwait Dining Facilities 3.0 contract, the company said Tuesday. Ch...
Weekly Roundup January 22 – January 26, 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson On Thursday, January 25th Executive Mosaic announced the recipients of the 2018 Wash100 award, the most influential and impactful executives of consequence at the intersection of go...
Vectrus (NYSE: VEC) has bought Alexandria, Virginia-based SENTEL for $36 million in a push to grow client base in the intelligence and federal civilian markets as well as broaden logistics, information technology and technical service offerings for customer agencies. Colorado Springs-based Vectrus said Tuesday it funded the transaction wit...
TYSONS CORNER, VA, July 25, 2017 ” Vectrus (NYSE: VEC) eyes an expanded business with the U.S. Air Force with the award earlier this year of a $97 million contract for base operations support services, ExecutiveBiz reported Monday. The company said Monday its Vectrus Systems subsidiary will provide operations management, facility engineering, g...
TYSONS CORNER, VA, July 14, 2017 ” Vectrus (NYSE: VEC) has received recognition from the Europe-based division of the Defense Information Systems Agency for the operations of several Department of Defense Information Network sites, GovCon Executive reported Thursday. The company said Thursday five DoDIN locations across Germany a...
Vectrus, Inc. (NYSE:VEC) saw its stock rise 3 percent after it announced better than expected first quarter 2017 results of $290.1 million revenue, and operating income of $11.6 million and diluted earnings per share of $0.60. Net cash provided by operating activities was $9.9 million in the first quarter or 4% operating margin, compared to $11...
Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to the Dep...
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 h...
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 Emp...
