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Vectrus Inc (VEC.N)

VEC.N on New York Stock Exchange

32.40USD
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Vectrus says co entered amendment, restatement agreement by and among co
Wednesday, 15 Nov 2017 05:12pm EST 

Nov 15 (Reuters) - Vectrus Inc :Vectrus- On Nov 15, co entered amendment, restatement agreement by and among co, Vectrus Systems Corp, as borrower, lenders, issuing banks- SEC Filing.Vectrus Inc - ‍​Agreement provides for the amendment and restatement of the credit agreement dated as of September 17, 2014.Vectrus Inc - Amended credit agreement increases the revolving loan facility from $75 million to $120 million‍​.Vectrus Inc - Amended credit agreement also refinances and replaces the existing term loan facility with a new $80 million term loan facility.Vectrus Inc - Amended credit agreement extends maturity date of revolving and term loan facilities to November 15, 2022.  Full Article

Vectrus reports Q3 earnings per share $0.51
Tuesday, 7 Nov 2017 04:10pm EST 

Nov 7 (Reuters) - Vectrus Inc :Vectrus announces third quarter 2017 results.Q3 earnings per share $0.51.Q3 revenue fell 5 percent to $269.6 million.Vectrus Inc - ‍company ended Q3 2017 with total backlog of $3.1 billion​.Vectrus Inc - ‍sees 2017 revenue​ $1,080 million to $1,100 million.Vectrus Inc -sees 2017 diluted eps ‍$1.87 to $2.03​.  Full Article

Vectrus reports Q2 earnings per share $0.49
Tuesday, 8 Aug 2017 04:10pm EDT 

Aug 9 (Reuters) - Vectrus Inc -:Vectrus announces second quarter 2017 results.Q2 earnings per share $0.49.Q2 revenue fell 15.8 percent to $259.3 million.Vectrus Inc says reaffirming 2017 guidance for revenue, operating margin, net income, diluted eps, and net cash provided by operating activities.Vectrus Inc - company ended Q2 2017 with total backlog of $2.8 billion and funded backlog of $0.9 billion.  Full Article

Vectrus wins $97 mln Keesler Air Force Base contract
Monday, 24 Jul 2017 08:00am EDT 

July 24 (Reuters) - Vectrus Inc :Vectrus wins $97 million Keesler Air Force Base contract.Vectrus Inc - firm-fixed-price contract has a potential seven year period of performance and represents new work to vectrus.Vectrus Inc - unit announced win of a $97 million U.S. Air force contract to provide base operations support services at Keesler Air Force Base.  Full Article

Vectrus on May 26, co's unit received notice of $212 mln contract modification
Tuesday, 30 May 2017 08:25am EDT 

May 30 (Reuters) - Vectrus Inc ::On may 26, co's unit received notice of a $212 million contract modification - sec filing.Vectrus - notice was for support of communications equipment and information systems under purview of network enterprise technology command.Vectrus- modification represents exercise by u.s. Government to extend operations, maintenance, defense of army communications in southwest and central asia.Vectrus Inc - modification to extend contract through may 2018.Vectrus - communications equipment & information systems is also under purview of 160th signal brigade & its southwest asia theater of operations units.Vectrus- work to be performed in Kuwait, Qatar, Afghanistan, Iraq, Bahrain, Uae, Jordan, with estimated completion date of may 31, 2018.  Full Article

Vectrus announces Q1 earnings per share $0.60
Tuesday, 9 May 2017 04:10pm EDT 

May 9 (Reuters) - Vectrus Inc :Vectrus announces first quarter 2017 results.Q1 earnings per share $0.60.Q1 revenue fell 6.6 percent to $290.1 million.Sees FY 2017 revenue $990 million to $1.09 billion.Vectrus Inc sees 2017 diluted EPS between $1.68 and $2.00.  Full Article

Vectrus wins $115 mln information technology contract
Wednesday, 26 Apr 2017 04:15pm EDT 

April 26 (Reuters) - Vectrus Inc ::Vectrus wins $115 mln information technology contract.Vectrus Inc- re-compete win of a $115 million U.S. Army contract to provide a full range of operations and maintenance, it support and supply services.  Full Article

Vectrus statement on army's notice of intent to extend K-BOSSS contract
Friday, 17 Mar 2017 07:55am EDT 

Vectrus Inc - : Statement on army's notice of intent to extend K-BOSSS contract . U.S. government published notice of intent to award modification to extend existing Kuwait base operation,security support services contract . Says period of performance for extension would be from Mar. 29, 2017 to Mar. 28, 2018 . Vectrus Inc - "We expect to update guidance upon finalization of extension" . Announcement will likely result in full-year financial contribution from K-BOSSS, expect to update guidance upon finalization of extension .Extension with evaluated 9-month option of Mar 29,2018 through Dec 28,2018, evaluated 3-month option of Dec 29,2018 through Mar 28, 2019.  Full Article

Vectrus Q4 earnings per share $0.40
Wednesday, 1 Mar 2017 04:10pm EST 

Vectrus Inc : Vectrus announces fourth quarter and full-year 2016 results; issues 2017 guidance . Q4 earnings per share $0.40 . Q4 revenue fell 7.4 percent to $288.2 million . Sees FY 2017 revenue $910 million to $1.01 billion . Says expect to see 2017 diluted EPS in range of $1.53 to $1.83 per share . Sees 2017 diluted EPS $1.53 to $1.83 .Vectrus Inc- company ended 2016 with total backlog of $2.4 billion and funded backlog of $665 million.  Full Article

Vectrus appoints Charles Prow as president and CEO
Tuesday, 6 Dec 2016 08:00am EST 

Vectrus Inc: Vectrus appoints Charles L. Prow president and chief executive officer .Vectrus Inc - Prow was also appointed to board of directors and succeeds Kenneth W. Hunzeker, who retired effective December 5, 2016.  Full Article

BRIEF-Vectrus says co entered amendment, restatement agreement by and among co

* Vectrus- On Nov 15, co entered amendment, restatement agreement by and among co, Vectrus Systems Corp, as borrower, lenders, issuing banks- SEC Filing