- Government Technology
Vectrus has announced its financial results for the third quarter, which ended Oct. 2, 2020. The company reported that the quarter revenue of $352.4 million was down slightly year on year by 2.1 percent due to COVID-19 pandemic related deferrals. "Third quarter results were solid, reflecting improved volumes and margin levels," said Chuck Prow, president and CEO of Vectrus and 2020 Wash100 Award recipient.
MoreCisco will offer $2.5B in financing through a new program to provide customers and partners access to technology platforms needed to ensure business continuity amid the COVID-19 pandemic. The Business Resiliency Program will help clients manage their cash flow during the crisis by allowing them to defer 95 percent of the cost of a new Cisco hardware, software or service until January 2021, the company said Tuesday.
MoreExecutive Mosaic is honored to announce Charles Harrington, CEO and chairman of Parsons, as an inductee into the 2020 Wash100 Award for growing the company through acquisitions and contract awards and expanding work with U.S. defense customers.
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