Winning COVID-19 Blog 1: Vectrus’ Passion For Keeping Employees Safe

By Dave Rath  While companies around the world have grappled with the challenge of managing through the COVID-19 crisis, ProcessMAP Corporation, the industry leader in offering a data intelligence platform for employee Health and Safety, and Environmental Sustainability (EHS), has been conducting one of the largest EHS leadership roundtable – Winning COVID-19 with ProcessMAP  – on a …

ExecutiveBiz: Vectrus Secures Spot on $6.4B AFCAP V Contract

Blog.executivebiz.com; By Sarah Sybert; Posted on April 30, 2020 Vectrus has been awarded a position on the five-year, $6.4B indefinite-delivery/indefinite-quantity Air Force Contract Augmentation Program contract vehicle, the company reported on Thursday. “We have placed significant emphasis on expanding our Air Force relationships and mission support and today, Vectrus is a trusted provider of facilities and logistics, …

GovConWire: Chuck Prow, Vectrus President & CEO, Named to 2020 Wash100 for Leading Company Growth Through Contracts, Acquisition

By William McCormick Executive Mosaic is honored to present Chuck Prow, president and CEO of Vectrus, as an inductee into the 2020 Wash100 Award for leading the company to drive company growth through big contract awards, acquisition and continued excellence in the government contracting (GovCon) sector.  This marks the sixth-time that Prow has won a Wash100 Award in the …

Inside Defense: Vectrus CEO says stop-work order has been lifted on LOGCAP V

By Marjorie Censer The chief executive of Vectrus, which won two spots on the Logistics Civil Augmentation Program V, said the company is starting transition planning for the program. In a call with analysts this week, Chuck Prow said the company was “given a lifting of the stop-work [order] and an authorization to begin the transition …

The Gazette: Vectrus reports record earnings for fourth quarter, all of 2019

By Wayne Heilman wayneh@gazette.com Vectrus Inc. reported record revenue in both the fourth quarter and all of 2019 and told stockholders to expect even better results this year as it is about to begin work on its biggest contract ever. The Colorado Springs-based defense contractor said Tuesday it expects to begin generating revenue this year …

The Gazette: Vectrus files to sell up to $250 million in stock during next 3 years

By Wayne Heilman Colorado Springs-based defense contractor Vectrus Inc. has filed a “shelf” registration with the Securities and Exchange Commission to sell up to $250 million of its stock during the next three years. A shelf registration allows a public company to sell stock on a delayed basis within three years. Vectrus said it would …

The Gazette: New contracts fuel revenue growth for Colorado Springs defense contractor

By Wayne Heilman Vectrus announced a third quarter revenue surge Tuesday as the Colorado Springs-based defense contractor scored new contracts and garnered work orders on existing contracts. The company’s sales for the July-to-September period jumped 16.8% from a year earlier as it added $180 million in new work, including additional contracts with the Air Force …

ExecutiveGov: Vectrus Recognized as Top Military Friendly Employer

By William McCormick Vectrus, Inc. announced on Thursday that the company has been recognized as a 2020 Military Friendly Employer by VIQTORY for the sixth time since 2003.  “We are pleased to be recognized again for our success as a top employer to our veterans and their spouses,” said Frank Peloso, Vectrus senior vice president and chief …

Washington Technology: How Vectrus Helps Military Bases Scout for New Tech

Vectrus’ pair of acquisitions within the past two years have had a common thread of finding companies that provide specialized technology to help secure and manage facilities, all in the name of helping clients move toward a more converged infrastructure. Deals are not the only tool Vectrus has at its disposal to bring emerging innovations …

Washington Technology: Vectrus Looks Ahead and Up After Clearing Big Hurdle

By Ross Wilkers A final outcome on a large contract key to Vectrus’ future is still to come from a federal judge, but the wait for that has not completely stopped the company from looking back on its five-year journey as a turnaround story in the making. Vectrus faced a different future three years ago …