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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.
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