Vectrus reports improved profit

By Marjorie Censer / March 16, 2016 at 9:42 AM

Vectrus announced this week that 2015 sales dipped to just shy of $1.2 billion, down about 2 percent from last year.

But the contractor reported profit of nearly $31 million, up from $22.8 million in 2014.

Ken Hunzeker, Vectrus' chief executive, said in a call with analysts this morning that 2015 was "an important and defining year for Vectrus."

He said he sees the contractor as well positioned in high-priority areas for the military.

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