Tuesday, July 9, 2019
Vectrus (VEC)
What does Advantor Systems add to Vectrus?
Vectrus Inc is a U.S.-based company that provides services to the U.S. government. The company generates nearly all its revenue from the United States Department of Defense. The company offerings are categorized into three types; infrastructure asset management services, logistics and supply-chain management services, and information technology and network communication services.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
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- Advantor Systems Acquisition. Yesterday, Vectrus announced the acquisition of Advantor Systems Corporation, a leading provider of integrated electronic security systems to the federal government. Vectrus acquired the $35 million revenue company for $44 million, using cash on hand and the Company’s credit facility.
- Market Leader. Deployed at over 2,000 client sites worldwide, Advantor is the only vertically integrated and accredited C3 networked security technology platform. Advantor clients include…
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