US to extend K-BOSSS contract
The US government has published a notice of intent to award a modification contract to extend the existing Kuwait Base Operation and Security Support Services (K-BOSSS) performed by Vectrus Systems, the company announced on 17 March.
The proposed modification contract will support critical base operations and security support services throughout the Kuwait including forms, publications and reproductive services, army postal operations, logistics, information management, public works, environmental services, medical administrative support, installation services, security services, fire services and emergency services.
Matt Klein, CFO of Vectrus, said: 'Our 2017 financial guidance issued on March 1, 2017, anticipated an extension of our existing K-BOSSS contract well into the third quarter. This announcement will likely result in a full-year financial contribution from K-BOSSS and we expect to update guidance upon finalisation of the extension.'
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