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May 30, 2015 6:39 AM ET

IT Services

Company Overview of Vencore, Inc.

Company Overview

Vencore, Inc. provides information solutions, engineering, and analysis to the U.S. Intelligence Community, the Department of Defense, and federal/civilian agencies worldwide. The company offers a range of services from software development to systems engineering; from modeling and simulation to enterprise-wide IT support; from applied research to cybersecurity; and from space to air, land, and sea. It designs, builds, tests, and manages interoperable systems and solutions to meet mission and business objectives; and delivers integrated IT support and cloud migration support in the areas of network design and architecture, satellite IP broadband networks, policy-based network management, and...

15052 Conference Center Drive

Chantilly, VA 20151

United States

Founded in 1972

Phone:

571-313-6000

Key Executives for Vencore, Inc.

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Vice President
Age: 55
Chief Operating Officer and Executive Vice President of Corporate Development
Chief Technology Officer and Vice President
Senior Vice President, Secretary and General Counsel
Age: 41
Compensation as of Fiscal Year 2014.

Vencore, Inc. Key Developments

Vencore, Inc. Wins $99.0 Million ID/IQ Multiple Award Contract For Missile Strike Planning and Execution Systems Software

Vencore, Inc. announced that it was selected among nine companies to perform on an indefinite-delivery/indefinite-quantity (ID/IQ) multi-award contract valued at $99.0 million to support the U.S. Navy at its Naval Aviation Strike Planning and Execution Systems program management office for Cruise Missiles Command and Control (PMA-281). Vencore currently provides software development for critical components that make up the Theater Mission Planning Center (TMPC) for the Tomahawk missile system. The work encompasses strike planning, execution, post-mission debrief and theater mission planning for the Tomahawk cruise missile. This new award also supports strike planning and execution activities for PMA-281. The IDIQ Multiple Award Contract will offer a vehicle by which contractors can provide additional capabilities to PMA-281 into its existing and future software development programs.

Vencore Wins $5.0 Million Software Program Re-Compete for the General Service Administration's Public Building Service

Vencore, Inc. announced that it was awarded a contract from the General Services Administration (GSA) to manage the Reimbursable Work Authorization (RWA) Entry and Tracking Application (RETA) employed at the Public Building Service (PBS). The $5.0 million contract win authorizes Vencore to continue its existing work on the program that manages and maintains the RETA application, develops and implements software enhancements, provides application support and helpdesk services, manages security, and offers direct support to the Enterprise Service Center. Work under the new program commenced in April 2015 and is awarded over a three-year period with two one-year contract extension options.

Vencore Is Reported To Explore Sale

Vencore, Inc. is exploring a sale that could value it at around $1.5 billion, including debt, according to people familiar with the matter. Vencore's owner, Veritas Capital, has hired Stone Key Group LLC and Wells Fargo & Company (NYSE:WFC) to advise on an auction for Vencore, three people said on April 17, 2015. Veritas Capital and Wells Fargo declined to comment and Vencore and Stone Key Group did not respond to a request for comment, reported Reuters.

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