Aerospace Group:

Business/Financial

Vectrus, Vertex Complete Combination Into V2X

By Cal Biesecker

Tuesday, July 5th, 2022

SHARE:

Vectrus, Vertex Complete Combination Into V2X

Chuck Prow, CEO of V2X. Photo: V2X

Vectrus Inc. and The Vertex Company have completed their merger, creating the new $3.4 billion defense services company V2X [VEC], the company said on Tuesday. V2X will be led by Chuck Prow, CEO, who previously headed Vectrus. “Today’s milestone establishes V2X as a leading global provider of mission-essential solutions,” Prow said in a statement. “Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle support across…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]