The Gazette: Colorado Springs defense contractor Vectrus gets $212 million contract extension

By Wayne Heilman, The Gazette, May 30, 2017-The Army Network Enterprise Technology Command has exercised a one-year option through May 2018 valued at $212 million on a 2013 contract with Vectrus Inc. to support communications equipment and information systems in Afghanistan, Bahrain, Iraq, Jordan, Kuwait, Qatar and United Arab Emirates. The Colorado Springs-based defense contractor …

GovConWire: Vectrus Lands $212M Army Contract Modification for Comms & Info Systems Support

By Scott Nicholas, GovConWire, May 30, 2017-Vectrus (NYSE: VEC) has secured a $212 million contract modification from the U.S. Army to support communications equipment and information systems of the Army Network Enterprise Technology Command and its subordinate units in the Southwest Asia theater of operations. The Defense Department said Friday the company will perform work in …

GovConWire: Vectrus Announces Positive First Quarter Results

By Barbara Boland, GovConWire, May 10, 2017-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 …

The Gazette: Vectrus raises revenue, profit forecasts amid better-than-expected first-quarter results

By Wayne Heilman, The Gazette, May 09, 2017-After retaining two key contracts and winning an extension to its largest contract, Colorado Springs-based defense contractor Vectrus Inc. Tuesday raised its revenue and profit forecasts for the year even as it reported better-than-expected first quarter financial results. While revenue for the January-to-March period declined 6.6 percent from …

Washington Technology: Vectrus books $115M Army IT recompete

WashingtonTechnolody, April 27, 2017-Vectrus has won a potential $114.5 million recompete contract to help operate and maintain information technology systems for the Army in Europe and areas under the responsibility of the U.S. Africa and European Commands. Colorado Springs-based Vectrus has held the “Operations, Maintenance and Supply – Europe” contract since 1977 as part of ITT …

GovConWire: Vectrus Lands $115M Army Recompete Award for O&M, IT Support; Chuck Prow Comments

By Ramona Adams, GovConWire, April 27, 2017-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 has an eight-month …

The Gazette: Colorado Springs defense contractor Vectrus Inc. wins key contract renewal, extension

By: Wayne Heilman, The Gazette, March 17, 2017-Vectrus Inc. announced Friday it kept a key contract for work at Maxwell-Gunter Air Force Base in Alabama and won a one-year extension of its largest contract, which was set to expire March 28, with options to add up to another year. The Colorado Springs-based defense contractor said the …

ExecutiveBiz: Vectrus Unit Secures Recompete Contract for Maxwell AFB Base Operations Support; Chuck Prow Comments

By: Ramona Adamson, Blog.executivebiz.com, March 17, 2017-A Vectrus subsidiary has secured a $37 million recompete contract from the U.S. Air Force to provide base operations support services at the Maxwell-Gunter Air Force Base in Alabama. The company said Friday Vectrus Systems‘ contract covers support for foreign object damage, transient and static display maintenance; resource management; communications and …

WashingtonExec: 25 Leaders in Government Contracting You Should Know About: Chuck Prow, President and CEO at Vectrus

By: Ben Wicker, WashingtonExec, March 14, 2017-In a year of transformational change, government contractors are facing that question like never before. A few select leaders are even shaping the conversation. For the second year in a row, WashingtonExec has assembled its list of executives who are blazing a path in uncertain times. Who are the …

The Gazette: Army cancels rebidding on key contract held by Colorado Springs defense contractor

By: Wayne Heilman, The Gazette, March 8, 2017-Vectrus Inc. announced Wednesday that the Department of Defense has canceled bidding on its largest contract, citing “substantial” changes in mission requirements that will require a new bidding process that could keep the Colorado Springs-based company on the current contract longer. Vectrus has held the Kuwait Base Operations …