Vectrus Inc., which was spun off by Exelis Inc. two years ago, said it's lost its Kuwait Base Operations & Security Support Services contract — the largest contract in its portfolio — which has contributed $218 million in revenue through June 2016.
"Vectrus is reviewing the Army decision and will further determine the impact and the way ahead as they receive additional debriefing information," the company said in a statement.
The Kuwait-Base, Operations and Security Support Services program supports key U.S. Army installations across Kuwait including Camp Arifjan, Camp Buehring, Udairi Range Complex, Camp Patriot on the Kuwait Naval Base and sites at Kuwait City International Airport and the Port of Shuaiba. During the Iraq drawdown, the multi-national workforce managed the massive infrastructure and logistical needs of the largest logistical operation since WWII.
KBR announced last week that its joint venture with Triple Canopy, Inc., KBR-Triple Canopy, LLC, was awarded the Kuwait Base Operations and Security Support Services (K-BOSSS 2.0) contract by the U.S. Army Contracting Command – Rock Island. KBR owns 75% and Triple Canopy 25% of the KBR-Triple Canopy, LLC.
KBR has successfully provided services support solutions for the U.S. joint Armed Services spanning the military operational continuum from contingencies to critical forward locations across the globe and at home. KBR provides Base Operations Support Services for the U.S. Navy in Djibouti and Bahrain while simultaneously providing immediate response services support solutions for the U.S Army in Kuwait, Iraq and much of Europe through the Army's Logistics Civil Augmentation (LOGCAP) IV contract. KBR is also currently operating in Poland supporting the U.S. Navy and Missile Defense Agency, providing Integrated Base Operations Support.
