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Exelis Names Planned New Public Company Vectrus

Cal Biesecker By
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Exelis Names Planned New Public Company Vectrus
Exelis Mission Systems President Kenneth Hunzeker.. He will become CEO of Vectrus. Photo: Exelis

Exelis [XLS] on Tuesday said its Mission Systems division that it is preparing for spin-off into a publicly traded military and government services company will be named Vectrus. Vectrus is derived from two words, Vector and Trust. The stock ticker symbol and logo for Vectrus are still being worked out. “While the brand will be new to the market, the experience Vectrus team will continue to build on a legacy of delivering infrastructure asset management, logistics and supply chain management…

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