Vencore Files Registration Statement for Proposed Initial Public Offering

Chantilly, Va. — June 21, 2017 —Vencore Holding Corp. (“Vencore”), the parent company of Vencore, Inc., a leading provider of mission-critical, innovation-driven services and solutions to U.S. government customers, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) for an initial public offering of its common stock. The number of shares and price range of the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as joint book-running managers and acting as representatives of the underwriters for the common stock offering. The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Goldman Sachs & Co. LLC at Prospectus Department, 200 West Street, New York, N.Y. 10282, telephone: 866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com, or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, N.Y. 10152, at 800-326-5897 or email a request to cmclientsupport@wellsfargo.com.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of these securities under the securities laws of any such state or jurisdiction.

About Vencore
Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers’ most complex problems.

Vencore has approximately 3,750 employees and is based in Chantilly, Va. 

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This press release contains forward-looking statements, including statements about the proposed offering. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents filed by Vencore with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Vencore Labs to Support Dispersed Computing Research Program at DARPA

U.S. Air Force photo by Staff Sgt. Stephanie Longoria/Released

U.S. Air Force photo by Staff Sgt. Stephanie Longoria/Released

Chantilly, VA – June 15, 2017 – Vencore Inc., announced today that its innovative research arm, Vencore Labs, has been awarded a prime contract to provide research and development services in support of the Defense Advanced Research Project Agency’s (DARPA) Dispersed Computing (DCOMP) program. Work on the cost-plus-fixed-fee contract will take place in Basking Ridge, New Jersey through 2021 and has a value of $10.3M.

The DCOMP program aims to remedy the cost and latency issues of data computation in a rugged, operational environment where network connectivity and power is limited.  By leveraging dispersed computing systems, the DCOMP program seeks to create software instantiations of protocol stacks and algorithms to improve performance of networks and applications.

Under the contract, Vencore aims to provide DARPA with innovation in network protocols. Specifically the company proposes a solution leveraging programmable network elements that collect in-path network data for analytics and uses these analytics with programmable protocol logic for boosting network performance.

“This work leverages Vencore Labs’ industry-leading expertise in networking and analytics,” said Petros Mouchtaris, Ph.D., president of Vencore Labs. “We look forward to expanding our relationship with DARPA to bring them an innovative solution in support of this important mission.”

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Vencore Technical Director Named Inaugural Neil Armstrong Award of Excellence Honoree

Chantilly, Va. – June 7, 2017 – Vencore, Inc. announced today that Patrick T. Biltgen, Ph.D., technical director of analytics, has been named the inaugural winner of the Neil Armstrong Award of Excellence. Biltgen will receive the award at the Astronaut Scholarship Foundation’s (ASF) Innovators Gala on Sept. 16, 2017 in Washington, D.C.

The award is presented to a former ASF scholar whose research and work has made a positive impact on industry and who exemplifies a passion to expand the boundaries of exploration through science and technology. Biltgen is a two-time ASF scholar having received the award in both 2001 and 2002.

“At Vencore we are tasked with solving our customers’ most difficult problems,” said Mac Curtis, president and CEO of Vencore, Inc. “And we couldn’t do that if it weren’t for the ground-breaking innovators we employ. We congratulate Pat on this well-deserved award, and are proud that he is part of the Vencore Family.”

Over the last several years, Biltgen has used innovative methods for data integration and analysis to further the advancement of Activity-Based Intelligence (ABI). Additionally, Biltgen is the co-author of the textbook “Activity-Based Intelligence: Principals and Applications.”  Advancements in ABI have benefitted the United States military and Intelligence Community by locating and identifying explosive caches used to manufacture improvised explosive devices, saving dozens of soldiers’ lives.

In addition to his contributions to the U.S. military and Intelligence Community, Biltgen’s work has also had a positive impact on humanitarian efforts through the documentation of treaty violations and monitoring relief efforts in the Middle East.

Vencore serves as a corporate partner of ASF and is committed to providing internship opportunities to ASF scholars, and is dedicated to furthering their professional development.

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Vencore Secures Spot on Washington Technology Top 100 List

The 2017 Washington Technology Top 100 was published last Friday, June 2, 2017. Vencore, Inc. earned the no. 27 ranking on the long list of government technology contractors.

This is the third consecutive year Vencore has made the Washington Technology Top 100. Vencore has been within the top 40 in the list every year since its inception.

For almost two and a half decades, Washington Technology has ranked the 100 largest government technology contractors by their prime contracting dollars. Washington Technology has tracked a number of business and technology trends such as the entrance of the large defense contractors into the IT field, the rise, fall and return of value-added resellers and the growing role of private equity platforms.

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Vencore Awarded More Than $130 Million in Systems Engineering and Integration Work

Chantilly, Va. — May 12, 2017 — Vencore, Inc. announced today that it was awarded multiple systems engineering and integration contracts totaling more than $130 million to support U.S. government customers.  Award notifications were delivered during the previous quarter and, collectively, the work will span more than five years of performance.

“At our core, we are problem solvers,” said Mac Curtis, president and chief executive officer of Vencore, Inc. “For over four decades we have provided highly technical solutions to solve our nation’s and our customers’ most complex systems engineering and integration problems and we are honored to continue this critically important work.”

Vencore provides highly technical and analytical engineering expertise to government customers across the military, intelligence and federal IT spectrum. As a long-standing leader in systems engineering and integration, Vencore also delivers software, cyber and Agile/DevOps solutions via government programs.

About Vencore

Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers most complex problems. 

Vencore has 3,800 employees and is based in Chantilly, Va.  For more information about Vencore and Vencore Labs, visit www.vencore.com and www.vencorelabs.com. 

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