Vectrus (VEC) – Operating Environment Remains Healthy Favorable Risk Reward

Thursday, July 22, 2021

Vectrus (VEC)
Operating Environment Remains Healthy; Favorable Risk/Reward

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.

Refer to the full report for the price target, fundamental analysis, and rating.

    New Awards. Last week, Vectrus announced it had received two additional task orders under the AFCAP V $6.4 billion ID/IQ contract. The new firm-fixed price awards are valued at $40 million. These two additional task orders build on the Company’s AFCAP wins that were announced in the first quarter, demonstrating Vectrus’ ability to support the contingency and humanitarian requirements under AFCAP V, in our view.

    Iraq Now Under Vectrus.  It appears operational responsibility for Iraq has finally transferred over to Vectrus under the LOGCAP V award. The worldwide pandemic slowed the transition process down substantially, but with Iraq transferred Vectrus could finally begin to realize more of the LOGCAP V award promise. We view the transition positively …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

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