Vectrus reports improved sales, profit

Vectrus said this week sales in its most recent quarter hit $311 million, up about 19 percent from the same three-month period a year earlier.

The contractor reported that quarterly profit reached $6.6 million, an increase of about 33 percent from the prior year.

Ken Hunzeker, Vectrus' chief executive, said during a Wednesday call with investors the company's sales grew despite continued and expected contraction in its work in Afghanistan. The company's programs in Afghanistan contributed $32.1 million of sales in the quarter, down about $11.5 million from the same period a year earlier.

Hunzeker also said he has decided to reorganize the company's business development unit to boost the company's win rate.