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Section 1: 8-K (8-K)

Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 1, 2016

VECTRUS, INC.
(Exact name of Registrant as specified in its charter)

Indiana
0001-36341
38-3924636
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
 



655 Space Center Drive
Colorado Springs, CO 80915
(Address of principal executive offices) (Zip Code)
 
Registrant's telephone number, including area code: (719) 591-3600

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 7.01 Regulation FD Disclosure.

On September 1, 2016, Vectrus, Inc. issued a press release announcing that the Government did not select the company’s contract proposal to provide logistics support services in Kuwait and Qatar under the Army Pre-positioned Stocks-5 (APS-5) contract. Vectrus is the incumbent contractor providing these services. The contracts are fully funded through November 30, 2016 and have the potential to extend through February 28, 2017.
At this time, the company is not revising its financial guidance for the year ending Dec. 31, 2016. Vectrus guidance for 2016 assumed various factors and the loss of APS-5 does not impact the previously issued ranges. The APS-5 contracts contributed $93 million of revenue through June of 2016.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
This information, including Exhibit 99.1, is furnished pursuant to Item 7.01 Regulation FD Disclosure and shall not be deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.     Description
99.1
Press release issued by Vectrus, Inc. on September 1, 2016

























SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 1, 2016
VECTRUS, INC.
 
By:
/s/ Kathryn S. Lamping
 
Its:
Assistant Secretary


































Exhibit Index

Exhibit No.     Description
99.1
Press release issued by Vectrus, Inc. on September 1, 2016




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Section 2: EX-99.1 (EXHIBIT 99.1)

finalnewsreleaseaps52016
PRESS RELEASE Investors Mike Smith 719-637-5773 michael.smith@vectrus.com Media George Rhynedance 719-637-4182 george.rhynedance@vectrus.com Vectrus Statement on Army Award of Pre-positioned Stocks-5 Contract Colorado Springs, Colo., Sept. 1, 2016 —Vectrus, Inc. (NYSE: VEC) announced today the government did not select the company’s contract proposal to provide logistics support services in Kuwait and Qatar under the Army Pre-positioned Stocks-5 (APS-5) contract. Vectrus is the incumbent contractor providing these services, which are fully funded through Nov. 30, 2016, and have the potential to extend through Feb. 28, 2017. ‘‘While the company is disappointed in the decision, we have made tremendous and well- documented progress on APS-5 since our initial awards,” said Ken Hunzeker, chief executive officer at Vectrus. “We are proud of our employee’s contributions and commitment to the customer’s mission.’’ Despite the loss, Vectrus remains well positioned to respond to customer needs in the region and has a history of providing superior and affordable solutions that goes back to 1945. At this time, the company is not revising its financial guidance for the year ending Dec. 31, 2016. Vectrus guidance for 2016 assumed various factors and the loss of APS-5 does not impact the previously issued ranges. The APS-5 contracts contributed $93 million of revenue through June 2016. #### About Vectrus Vectrus is a leading, global government services company with a history in the services market that dates back more than 70 years. The company provides infrastructure asset management, information technology and network communication services, and logistics and supply chain management services to U.S. government customers around the world. Vectrus is differentiated by operational excellence, superior program performance, a history of long-term customer relationships, and a strong commitment to their mission success. Vectrus is headquartered in Colorado Springs, Colo., and includes about 6,000 employees spanning 132 locations in 18 countries. In 2015, Vectrus generated sales of $1.2 billion. For more information, visit our website at www.vectrus.com or connect with us on Facebook, Twitter, LinkedIn, and YouTube.


 
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