COLORADO SPRINGS, Colo.,
April 13, 2019 /PRNewswire/
-- Vectrus, Inc. announced that on April 12, 2019, the U.S. Army Contracting
Command-Rock Island (ACC-RI) awarded four (4) Indefinite Delivery
Indefinite Quantity, Multiple Award Task Order Contracts (MATOC),
for the Logistics Civil Augmentation Program (LOGCAP) V support
services in support of the U.S. Military worldwide. The services
are to support the Geographical Combatant Commands (GCCs) and Army
Service Component Commands (ASCCs) throughout the full range of
military operations. Each basic IDIQ contract Ordering Period will
be an initial five-year ordering period and options for five
additional one-year ordering periods. The ceiling price for the
entire LOGCAP V MATOC is $82,000,000,000 and is a cumulative ceiling for
all contracts awarded from Request for Proposal.
Vectrus Systems Corporation is one of the award recipients of
the basic IDIQ contract and the following task orders: PACOM
Setting the Theater Task Order and associated Performance Task
Order; CENTCOM Setting the Theater Task Order and associated
Performance Task Order. Each task order has its own period of
performance.
The full LOGCAP V contract award announcement to Vectrus is
available on FBO.gov at
https://www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=90e226fd66a85099863b51b842bf350d&_cview=0.
The company reaffirms its full-year 2019 guidance that was
originally provided on February 26,
2019.
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 facility and base operations; supply
chain and logistics services; information technology mission
support; engineering and digital technology services, and strategic
programs support 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 customers' mission success.
Vectrus is headquartered in Colorado
Springs, Colo., and includes about 6,700 employees spanning
129 locations in 22 countries. In 2018, Vectrus generated sales of
$1.3 billion. To learn about career
opportunities at Vectrus, visit www.vectrus.com/careers. For more
information, visit the company's website at www.vectrus.com or
connect with Vectrus on Facebook, Twitter, and LinkedIn.
Safe Harbor Statement
Certain material presented herein includes forward-looking
statements intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements include, but are not limited
to, statements about our five-year plan, Company growth, including
growth in revenue, cash flow and margins, backlog, business
strategy, acquisition of SENTEL Corporation, contract
opportunities, bids, awards and business pipeline, outlook,
objectives, plans, intentions or goals, and any discussion of
future operating or financial performance. These statements are
based on the beliefs and assumptions of our management based on
information currently available to management. Forward-looking
statements are not guarantees of future performance and are subject
to risks and uncertainties that could cause actual results to
differ materially from the results contemplated by the
forward-looking statements, our historical experience and our
present expectations or projections. These risks and uncertainties
include, but are not limited to, the risk factors set forth in Part
I, Item 1A, "Risk Factors," and elsewhere in our 2018 Annual Report
on Form 10-K. We undertake no obligation to update any
forward-looking statements.
Contact:
Mike Smith, CFA
(719) 637-5773
michael.smith@vectrus.com
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SOURCE Vectrus, Inc.