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.