V2X, Inc. (VVX) 2017年年度报告「NYSE」.pdf

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1、VECTRUS,INC.2017 ANNUAL REPORTletter to shareholdersIm pleased to report that we have made substantial progress in executing our long term strategy,which was established in early 2017 and informs our direction,decision making,and investments.We have set the foundation for future growth and continued

2、 execution of our goal to become an innovator and global leader in the convergence of our clients physical and digital infrastructure and supply chains.We have a lot to be proud of in 2017.Our full-year financial results were solid,with revenue,diluted earnings per share and net cash from operations

3、 that exceeded our guidance.Vectrus also achieved several milestones during the year,including record quarterly operating margin,total backlog*and contract awards.During the year,we added several key leaders and strengthened talent at all levels of the organization.We also maintained our position as

4、 a leading employer of veterans and were selected by Military Times for its“Best for Vets:Employers 2017”rankings.Additionally,Vectrus was recognized by Victory Media with the 2017 Military Friendly Employer designation.As a team,our employees bring diverse experiences from the military and business

5、 worlds that combined,strongly contribute to our success.Id like to thank all of our employees for their amazing contributions throughout the year.In 2017,our team did a great job of enhancing the foundation by winning our Maxwell and OPMAS-E re-competes and significant new work.These wins are expec

6、ted to provide revenue streams for the next several years and improve our overall visibility.In total,during 2017,we phased-in more than$1.4 billion of successful re-competes and new contract wins,which is a remarkable accomplishment.Additionally,our wins in 2017 helped boost our total backlog*to$2.