Movers and SHAKERS
What Can Award From Naval Air Warfare Center Weapons Division Mean?
Vectrus Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offer facility and logistics services and information technology and network communications services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations and others.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
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New Award. Vectrus division Zenetex has been named as one of nine awardees of a $93 million ID/IQ contracted by The Naval Air Warfare Center Weapons Division, China Lake, California. These contracts provide research and development, engineering, integration, test, cybersecurity, upgrade, and sustainment for various tactical threat systems in support of improving aircrew lethality and survivability for the Navy.
New Opportunities. Significantly, the contract moves Zenetex up the value chain in terms of tasks it can handle, assuming Zenetex is awarded some of the ID/IQs. We believe this is significant as expansion of the skill set will enable not only Zenetex but Vectrus as a whole to bid on an expanded set of opportunities ...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
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