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home / news releases / VEC - Research - Vectrus (VEC) - U.S. Army Determines LOGCAP V Bid Prices Reasonable Will Proceed with Original Awardees


VEC - Research - Vectrus (VEC) - U.S. Army Determines LOGCAP V Bid Prices Reasonable Will Proceed with Original Awardees

U.S. Army Determination. On February 5th, the U.S. Army filed a status report with the U.S. Court of Federal Claims regarding its reexamination of bid prices under the LOGCAP V award. The Army determined the bid prices of the winning awardees are reasonable. Hopefully, this will allow Vectrus to move forward on its awards under LOGCAP V.Proceeding with Original Awardees. According to the status report, the Army "intends to proceed with the previously awarded LOGCAP V contracts on or after March 2nd." Recall, in April 2019, Vectrus was awarded LOGCAP V contracts for the CENTCOM and PACOM areas. The CENTCOM award includes Vectrus's current K-BOSSS business. Read More >>

Stock Information

Company Name: Vectrus Inc.
Stock Symbol: VEC
Market: NYSE
Website: vectrus.com

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