PR Newswire
COLORADO SPRINGS, Colo., Sept. 29, 2016
COLORADO SPRINGS, Colo., Sept. 29, 2016 /PRNewswire/
-- Vectrus, Inc. (NYSE: VEC) announced today the
government did not select the company's contract proposal to provide comprehensive support services for all U.S. Army facilities
in Kuwait. Vectrus is the incumbent contractor providing these services, under the Kuwait Base
Operations & Security Support Services (K-BOSSS) contract which currently runs through Dec. 28, 2016.
K-BOSSS, the largest contract in the Vectrus portfolio, has contributed $218 million in revenue
through June 2016. Vectrus is reviewing the Army decision and will further determine the impact and
the way ahead as they receive additional debriefing information.
About Vectrus
Vectrus is a leading, global government services company
with a history in the services market that dates back more than 70 years. The company provides infrastructure asset management, information
technology and network communication services, and logistics and supply
chain management services to U.S. government customers around the world. Vectrus is differentiated by operational excellence,
superior program performance, a history of long-term customer relationships, and a strong commitment to their mission success.
Vectrus is headquartered in Colorado Springs, Colo., and includes about 6,000 employees spanning
132 locations in 18 countries. In 2015, Vectrus generated sales of $1.2 billion. For more
information, visit our website at www.vectrus.com or connect
with us on Facebook, Twitter, LinkedIn, and YouTube.
Contacts:
Media
George Rhynedance
(719) 637-4182
george.rhynedance@vectrus.com
Investors
Mike Smith
(719) 637-5773
michael.smith@vectrus.com
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SOURCE Vectrus, Inc.