By Mary-Louise Hoffman
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.