Latest Federal & Government Contracting Companies' News Coverage
Chuck Prow, CEO of V2X and an eight-time Wash100 Award recipient, was featured in a recent Q&A with GovCon Wire, the sister publication of ExecutiveBiz. He talked about the early discussions he had with American Industrial Partners leadership on the all-stock merger between Vectrus and Vertex as well as the reasons for the combination of […] More
Vectrus has completed its all-stock merger with Vertex and formed V2X, a more diversified company that will provide defense, civilian, national security and international customers with mission support offerings. Chuck Prow “Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle […] More
Vectrus and the Vertex Company have reached a merger agreement to combine their service offerings in support of various defense sector needs. The all-stock transaction will officially close in the third quarter of 2022 and is intended to create a more wide-ranging revenue stream in terms of locations, customers and contract types from the Department of Defense […] More
TYSONS CORNER, VA, Feb. 23, 2022 — Vectrus will provide logistics support at Fort Benning in Georgia as part of a $250 million cost-plus-fixed-fee task order the U.S. Army awarded under the Enhanced Army Global Logistics Enterprise contract, GovCon Wire reported. “We are pleased to have been selected to provide logistical support services under this […] More
Executive Mosaic has included Chuck Prow, president and CEO of Vectrus, in the 2022 class of Wash100 Award recipients in recognition of his efforts to expand the company’s military infrastructure services and gain more defense, intelligence and foreign military customers. He has won eight Wash100 awards in the nine-year history of Executive Mosaic’s annual selection […] More
Vectrus has booked $40 million worth of task orders to provide installation support services for the U.S. Air Force. The service awarded the two task orders through the $6.4 billion Air Force Contract Augmentation Program V indefinite-delivery/indefinite-quantity contract, the company said Thursday. The AFCAP V contract vehicle covers emergency and contingency construction, logistics and commodities […] More
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.
Five Rivers Services, an Akima subsidiary, will continue to support Vectrus on its recently awarded $882.5 million contract for operation, maintenance and defense of Army communications. The contract has an estimated completion date of Dec. 26, 2025, and was awarded by the U.S. Army Contracting Command.
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.
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.
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.
Vectrus will continue to help the U.S. Navy manage facilities, equipment and vehicles at Naval Station Guantanamo Bay in Cuba under a potential five-year, $196M base operations support contract.
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