VECTRUS, INC. (NYSE:VEC) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
VECTRUS, INC. (NYSE:VEC) Files An 8-K Regulation FD Disclosure
On March 17, 2017, Vectrus, Inc. announced that the U.S. Government published a Notice of Intent to award a modification to extend the Kuwait base operations and security support services (also known as K-BOSSS) contract, performed by Vectrus Systems Corporation, from March 29, 2017 to March 28, 2018.
On March 23, 2017, the U.S. Government published a notice that Vectrus Systems Corporation was awarded a $521,591,126 modification to the K-BOSSS contract. Work will be performed in Kuwait with an estimated completion date of March 28, 2018. The modification continues critical base operations support and security support services throughout the Kuwait area of responsibility including forms, publications, and reproductive services; Army postal operations; operations; logistics; information management; public works; environmental services; medical administrative support; installation services; security services; fire services; and emergency services.
In 2016, the K-BOSSS program contributed approximately $438 million dollars or 37% of revenue.
Vectrus expects to update its 2017 financial guidance at a later date to reflect the full-year contribution from the K-BOSSS modification.
This information is furnished to Item 7.01 Regulation FD Disclosure and shall not be deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
About VECTRUS, INC. (NYSE:VEC)
Vectrus, Inc. is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems, network security, systems installation and life cycle management of information technology systems. VECTRUS, INC. (NYSE:VEC) Recent Trading Information
VECTRUS, INC. (NYSE:VEC) closed its last trading session 00.00 at 22.29 with 49,056 shares trading hands.
Vectrus, Inc. is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems, network security, systems installation and life cycle management of information technology systems. VECTRUS, INC. (NYSE:VEC) Recent Trading Information
VECTRUS, INC. (NYSE:VEC) closed its last trading session 00.00 at 22.29 with 49,056 shares trading hands.
