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Vectrus Executives Outline Future Services Company

Vectrus Executives Outline Future Services Company
Exelis Mission Systems President Kenneth Hunzeker.. He will become CEO of Vectrus. Photo: Exelis

With the drawdown of the United States military in Afghanistan and constrained defense budgets overall, the services business of Exelis Inc. [XLS] that will be spun out into a separate company in a week will look to diversify its customer base, officials from the new company said on Friday. Vectrus has identified $10 billion in solid opportunities over the next three years, with about 40 percent of the potential outside of the Defense Department, as “we look to balance out…

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