Vectrus Wins Recompete Contract to Continue Operations, Maintenance and Defense of Army Communications in Southwest Asia and Central Asia (OMDAC-SWACA)

Rhea-AI Summary

Vectrus Systems Corp. has secured an $882.5 million cost-plus-fixed-fee contract from the U.S. Army for the operation, maintenance, and defense of Army communications, with an expected completion date of December 26, 2025. This contract emphasizes Vectrus's commitment to supporting the OMDAC-SWACA mission, demonstrating the Army's confidence in the company. In 2019, Vectrus reported sales of $1.4 billion and has over 7,100 employees across 148 locations worldwide.

Positive

• Awarded a significant contract worth $882.5 million, enhancing revenue streams.
• Contract duration until December 2025 provides long-term visibility for cash flow.

Negative

• None.

COLORADO SPRINGS, Colo., Dec. 29, 2020 /PRNewswire/ -- On December 29, 2020 the U.S. Army announced Vectrus Systems Corp., Colorado Springs, Colorado, was awarded an $882,485,046 cost-plus-fixed-fee contract for operation, maintenance, and defense of Army communications with an estimated completion date of Dec. 26, 2025. U.S. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W91RUS-21-C-0001).

"Vectrus is delighted to have been selected to continue our support of the OMDAC-SWACA mission," said Chuck Prow, president and chief executive officer of Vectrus. "I would like to thank the Army for their continued confidence in Vectrus. And to our people that support this important mission often in difficult and austere environments for their dedication to the client and our business." 

For information on career opportunities associated with OMDAC-SWACA as well as other Vectrus programs, please visit https://careers.vectrus.com/.

About Vectrus
Vectrus is a leading provider of global service solutions with a history in the services market that dates back more than 70 years. The company provides facility and base operations; supply chain and logistics services; information technology mission support; and engineering and digital technology services primarily 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 its clients' mission success. Vectrus is headquartered in Colorado Springs, Colo., and includes about 7,100 employees spanning 148 locations in 26 countries and territories. In 2019, Vectrus generated sales of $1.4 billion. For more information, visit the company's website at www.vectrus.com or connect with Vectrus on Facebook, Twitter, and LinkedIn.

CONTACT:

Vectrus
Mike Smith, CFA
719-637-5773
michael.smith@vectrus.com  

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SOURCE Vectrus, Inc.

FAQ

What is the value of the contract awarded to Vectrus Systems Corp. by the U.S. Army?

The contract awarded to Vectrus Systems Corp. by the U.S. Army is valued at $882.5 million.

When is the contract for the operation and maintenance of Army communications expected to be completed?

The contract is expected to be completed on December 26, 2025.

What does the OMDAC-SWACA mission involve for Vectrus?

The OMDAC-SWACA mission involves the operation, maintenance, and defense of Army communications.

How many employees does Vectrus have globally?

Vectrus has approximately 7,100 employees spread across 148 locations in 26 countries and territories.

What were Vectrus's sales figures in 2019?

In 2019, Vectrus generated sales of $1.4 billion.