Benzinga | Jul 15, 2021 08:48AM EDT

Vectrus Says Awarded 2 U.S. Air Force Task Orders Valued At $40M

Vectrus, Inc., (NYSE:VEC), a leading global government services company, announced that it was awarded two new firm-fixed-price task orders valued at $40 million to provide installation and other support services to the U.S. Air Force. The task orders were awarded under the Air Force Contract Augmentation Program V, or AFCAP V, which is a $6.4 billion IDIQ contract vehicle that provides contingency planning, deploying, training, and equipping of forces; emergency and contingency construction; and logistics and commodities and services.

"Our work supporting the Air Force's most critical mission requirements is strengthened with two new wins under the AFCAP V IDIQ contract," said Chuck Prow, president and chief executive officer of Vectrus. "These recent wins build on our AFCAP wins that were announced in the first quarter and demonstrate Vectrus' ability to support our clients contingency and humanitarian support requirements with a full range of facilities and logistical services across the globe. We are pleased in the Air Force's confidence with Vectrus to support their critical missions and look forward to building on our exemplary service and track record of growth with this important client."