WashingtonExec: Top 10 HR Execs to Watch in 2019: Frank Peloso

Frank Peloso Senior Vice President and Chief Human Resources Officer, Vectrus Frank Peloso has served as the chief human resources officer for Vectrus since 2010, charged with all HR activities and strategies. Previously, he was the vice president and director of HR for the Exelis Mission Systems business, the predecessor company to Vectrus. Vectrus recently …

Inside Defense: Vectrus CEO says, despite LOGCAP V court cases, company is ‘using this time to prepare’

By Marjorie Censer The LOGCAP V battle now being waged in the U.S. Court of Federal Claims won’t create a timing problem for Vectrus, which won two spots on the coveted program, according to its chief executive. In an interview with Inside Defense last week, Chuck Prow said the company has been pleased with news …

GovConWire: Former Raytheon, Hitachi Exec Susan Lynch to Join Vectrus as SVP, CFO

By Mary Louise-Hoffman Susan Lynch, who previously served as chief financial officer at Raytheon (NYSE: RTN) and Hitachi Data Systems, will formally assume the positions of senior vice president and CFO at Vectrus (NYSE: VEC) on Aug. 7. Vectrus said Monday the 25-year finance veteran will oversee financial planning and analysis, tax, controllership and treasury functions across the company. “Susan is a …

WashingtonExec: Vectrus Picks Mario Coracides as SVP for Enterprise Operations

By Jenny London Vectrus, Inc. has hired former Pacific Architects and Engineers executive Mario Coracides as senior vice president of enterprise Vectrus operations. Coracides has extensive experience of driving continuous improvements in supply chain and operations using Lean Six Sigma processes for large, global, complex supply chains for commercial and government entities, Vectrus said.   “We are …

Modern Counsel: Kevin Boyle Helps Legal Provide a Lifeline to Home

By Will Grant Kevin Boyle helps American servicemen and women feel a little more at home through his role as general counsel at Vectrus Since 2002, Kevin Boyle has specialized in government services—that is, managing legal for companies whose primary customer is the United States government. “Much of what we do involves managing operations for the facilities …

GovConWire: Vectrus Buys Electronic Security Tech Provider Advantor

By Jane Edwards Vectrus (NYSE: VEC) has purchased integrated electronic security systems provider Advantor Systems for $44M from McCarthy Capital and Infrasafe. Chuck Prow, president and CEO of Vectrus and a 2019 Wash100 winner, said in a statement published Monday the acquisition builds up the company’s presence as an innovator in the emerging converged infrastructure market and expands its geographic footprint …

The Gazette: Vectrus stock surges on $1.38 billion contract award

By Wayne Heilman Vectrus stock surged to record levels Monday after the Colorado Springs-based defense contractor landed a $1.38 billion Army contract to provide logistics services to regional commands in the Middle East and Asia. The company’s stock jumped to more than $40 a share, its highest price since Vectrus was spun off as a …

ExecutiveBiz: Vectrus CEO Chuck Prow Inducted Into 2019 Wash100 for Securing Major Contacts, Expanding Company’s Position With Federal Agencies

By Jane Edwards Executive Mosaic is pleased to announce that Chuck Prow, president and CEO of Vectrus, has been inducted into the 2019  edition of Wash100 — Executive Mosaic’s annual selection of influential leaders in the government contracting arena — for securing major contracts and expanding Vectrus’ position with numerous federal agencies. This latest honor marks …

The Gazette: Colorado Springs-based Vectrus reports record revenues

By Wayne Heilman Colorado Springs-based defense contractor Vectrus Inc. reported record 2018 revenue Tuesday as it awaits the Army’s decision on a contract that generates 40 percent of its revenue. Revenue was up 14.8 percent from 2017 to $1.28 billion, helped by $350 million in new multiyear contract winsthat will generate revenue in some cases …

The Gazette: Vectrus earns surging third-quarter profits

by Wayne Heilman, The Gazette, Colorado Springs, CO – Vectrus Inc. credited $330 million in new contracts so far this year for boosting revenue and profits by double-digit percentages as the Colorado Springs-based defense contractor heads into a key year in 2019. Revenue for the third quarter was up 14.3 percent to $308.1 million, and earnings …