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Vectrus awarded prime seat on Navy's Global Contingency Services Multiple Award ContractCOLORADO SPRINGS, Colo., Sept. 26, 2016 /PRNewswire/ -- Vectrus Systems Corporation, a wholly-owned subsidiary of Vectrus, Inc. (NYSE: VEC), has been awarded one of five positions on the U.S. Navy's Global Contingency Services (GCS) Multiple Award Contract (MAC) II. The indefinite-delivery/indefinite-quantity (IDIQ) contract was awarded by the Naval Facilities Engineering Command, Pacific in Hawaii, and has an expected completion date of September 2024. "Vectrus has broad experience and a long history of providing for the needs of our customers in the most challenging environments in the world," said Ken Hunzeker, chief executive officer and president at Vectrus. "Winning this position will allow Vectrus to apply that experience in support of the Navy's most challenging short-term contingency missions under the GCS MAC II." Work on the contract will include short notice facility support services and incidental construction in support of natural disasters, military efforts, and humanitarian support for the Defense Department and other customers around the world. "This is the second long-term IDIQ in support of global contingency efforts that we have been awarded, the first was the prime seaton a similar Air Force IDIQ in June 2015," said Matt Klein, chief financial officer at Vectrus. "Since this is a contingency-based contract, we recognize that opportunities will be based on world events, but we are very pleased to be part of the effort and able to propose effective and affordable support while developing and strengthening our relationship with the Navy." About Vectrus Contacts: Investors Logo - http://photos.prnewswire.com/prnh/20160621/382112LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vectrus-awarded-prime-seat-on-navys-global-contingency-services-multiple-award-contract-300333592.html SOURCE Vectrus |