Movers and SHAKERS
A Busy Holiday Period for Vectrus: Another Acquisition
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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HHB Systems. Monday morning, Vectrus announced its second acquisition in a week, this time acquiring HHB Systems. HHB Systems is a leading provider of high-end solutions for facilities management, logistics, engineering, enterprise operations, and asset management solutions supporting Intelligence Community (IC) projects. Additionally, HHB provides information technology and cybersecurity solutions to select clients. Financial details of the acquisition were not released.
HHB Benefits. HHB advances Vectrus' ability to deliver innovative, integrated solutions and further differentiates the company as a leader in the converged infrastructure market, in our view. According to Vectrus, the Zenetex and HHB teams work together in the IC market today and expand the opportunities under Vectrus to reach existing DoD and IC clients ...
This Company Sponsored 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.