News

Vectrus Reports Q3 2020 Financial Results; Chuck Prow Quoted

Chuck Prow President

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.

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PAE Receives Task Order Under $835M USAF Rotary Wing Maintenance IDIQ; John Heller Quoted

John Heller President

PAE has been awarded a position on the U.S. Air Force's 10-year, $835 million Rotary Wing Maintenance Contract Consolidation contract vehicle and received an $84.3 million initial task order to help the Air Education and Training Command maintain helicopters. “Not only does our position on this IDIQ expand our reach with the Air Force, but it brings the potential to apply our rotary wing capabilities to the latest technologies, including the newly acquired MH-139 helicopter," said John Heller, president and CEO of PAE and a 2020 Wash100 Award recipient.

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Affigent-Qmulos Team to Offer Compliance Products for Fed Agencies; Matt Coose Quoted

Matt Coose CEO Qmulos

Affigent, an Akima subisidiary; and Qmulos, a cybersecurity company, have partnered to help the federal government comply with security requirements and keep pace with growing issues. Affigent will combine its expertise with Qmulos' regulatory compliance products to support risk management efforts and accelerate evidence-based decision-making of federal agencies, Akima said Thursday.

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