- M&A Activity
Chuck Prow, president and CEO of Vectrus, has received the 2021 Wash100 Award for his strong leadership that has expanded the company's influence in the government contracting (GovCon) sector. Throughout 2020 and into the new year, Prow led Vectrus to valuable contract awards and drove growth efforts throughout the COVID-19 pandemic. This marks Prow's seventh Wash100 recognition.More
TYSONS CORNER, VA, January 6, 2021 “” Vectrus (NYSE: VEC) will continue to support the Operations, Maintenance and Defense of Army Communications in Southwest Asia and Central Asia program under a five-year, $882.5M contract, won through a recompete, GovCon Wire reported Dec. 30.More
TYSONS CORNER, VA, January 5, 2021 “” Vectrus (NYSE: VEC) has moved to expand its client base across defense, intelligence and foreign military sales programs through an estimated $112M deal for Herndon, Virginia-based government services provider Zenetex, GovCon Wire reported Dec. 29.More
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.More
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