US DoD Selects Vectrus For Development Of 5G Smart Warehouse

March 16, 2022 1:35 PM | 1 min read |

Vectrus Inc VEC has been selected by the Department of Defense to complete the final phases of application development for a 5G Smart Warehouse at Naval Base Coronado (NBC).
The NBC 5G Smart Warehouse Assessment Team conducted a down select during Phase 1, comparing application solutions from three companies, including Vectrus.
Vectrus successfully demonstrated a Converged Environment solution, addressing NAVSUP operational challenges by implementing advanced technology applications.
This effort is part of the DoD's $600 million 5G experimentation and testing initiative, initially awarded in 2020.
Price Action: VEC shares are trading higher by 2.51% at $35.91 on the last check Wednesday.