- Vectrus (NYSE:VEC) says U.S. government didn’t select proposal to provide logistics support services in Kuwait and Qatar under the Army Pre-positioned Stocks-5 (APS-5) contract.
- The APS-5 contract contributed $93M in revenue through June.
- VEC is not revising its FY forecast. Says loss of contract doesn't impact previous ranges.
- VEC's previous 12-month revenue is $1.23B.
- Source: Press Release