Anna Forrester
TYSONS CORNER, VA, March 7, 2019 — Vectrus (NYSE: VEC) has recorded a 15-percent increase in full-year revenue to reach $1.3B in 2018 and an operating income of $48.3M following several contract awards that CEO Chuck Prow says have helped expand the company’s geographic and client footprint, GovCon Wire reported Feb. 27.
The company said Feb. 26 it also saw a 50-percent growth in revenue from its work with the U.S. Air Force and total contract bookings of $1.4B, with an estimated $350M accounting for new business over the past year.
Prow, who also serves as president of Vectrus and is a 2019 Wash100 awardee, mentioned several deals that have contributed to the company’s performance in 2018, including an $84M contract for Sheppard Air Force Base operations support, $60M task order for Naval Station Guantanamo Bay support and an extension on the Kuwait – Base, Operations and Security Support Services contract.
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