Vectrus Systems Corporation, a wholly-owned subsidiary of Vectrus, has been awarded an eight-year, $45 million fixed-price (FFP) contract to provide base operations support services at Naval Support Facility Deveselu, Romania, the company reported on Friday.
"We are proud to have been selected by the U.S. Navy as the converged infrastructure provider of choice to support this strategically important facility," said Chuck Prow, president and chief executive officer of Vectrus and 2020 Wash100 Award recipient. "Deveselu is the first Aegis Ashore Missile Defense Facility that was placed into operation and provides critical support to NATO's overall ballistic missile defense system."
Vectrus will further expand the company’s footprint in Eastern Europe and will increase its overall position in Europe to eight countries. Under the contract, Vectrus will provide various base operations support services such as fire and emergency services.
Additionally, the company will support emergency management, materials management, supply services, facility management, facility investment, custodial, utility management, electrical, wastewater, water, transportation services and environmental services.
The Deveselu award marks Vectrus’ third new contract win with the Navy in 2020. The contract will leverage the company’s program execution. Vectrus has also expanded its revenue base with the Navy by 45 percent.
"This award's contract structure demonstrates how Vectrus plans to increase the fixed price component of our revenue mix, allowing us to apply our program phase-in process discipline and technology enhancements to ultimately lead to higher margin and better client outcomes. We are honored to be a part of such an important mission and look forward to supporting our client with exceptional performance,” Prow concluded.
Vectrus is a leading provider of global service solutions 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; and engineering and digital technology services primarily 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 its clients' mission success. Vectrus is headquartered in Colorado Springs, Colo., and includes about 7,200 employees spanning 148 locations in 26 countries and territories across four continents. In 2019, Vectrus generated sales of $1.4 billion.