Local Businessman and Philanthropist Fred R. Langley Ensures Vanquish Growth under New Contracts
Maryville, Tenn. – Maryville-based Vanquish Worldwide LLC, a Service-Disabled Veteran-Owned Small Business (SDVOSB) providing global support services to the U.S. Government and the commercial market sector, announced today its award of three new, multi-million dollar federal contracts to provide U.S. Army Logistics Readiness Center support at five locations. Contracts include work as a sub-contractor to SENTEL Corporation at Fort Bragg, N.C., and as a prime contractor at both Fort Stewart and Hunter Army Airfield, Ga., as well as Joint Base Fort Rucker, Ala., and Eglin Air Force Base, Fla.
As U.S. military forces continue to draw below World War II levels while maintaining global mission readiness, Vanquish will perform critical installation and combat unit maintenance, supply and transportation services to support the United States Army.
“As a former U.S. Marine forward deployed around the world, I understand the critical nature and importance of providing excellent services and support to our installations, units and troops here in the U.S. to help them prepare for ongoing global deployments. Vanquish is excited to be on this mission to support so many bases, units, soldiers and airmen,” said Vanquish CEO and President Dr. Eric W. Barton.
Vanquish will primarily provide support in materiel maintenance on tactical and non-tactical vehicles and equipment, operate central issue, retail supply warehousing, and ammunition supply facilities, maintain property accountability, manage fuel labs and hazardous materials, conduct personal property, freight movement, container yard, railhead and unit movement control operations, as well as operate transportation motor pools.
When it comes to recognizing a growing small business opportunity, there is none better than East Tennessee businessman Fred R. Langley of Fred R Langley & CO. During the summer of 2016, Vanquish Worldwide LLC won three major Army contracts worth over $160 million combined. By the time Vanquish had stood up all three contracts in the fall, the projects had grown to approach $200 million in total value. Vanquish needed financial advice and counsel so it sought out the best – Fred Langley.
“The financial support and mentorship Mr. Langley provides to me and the Vanquish team is vital to our success in ramping up and sustaining multiple contracts at five installations, employing nearly 700 people,” said Barton. “With the many business synergies mine and Mr. Langley’s organizations share, we hope to expand our relationship and see even greater periods of growth for both organizations in 2017 and beyond.”
Dr. Barton and his team have successfully managed and overseen complex, multifaceted programs specializing in intelligence, logistics support, security services, staffing, training, life support and other operational requirements throughout the Middle East, Pacific and Africa over the past decade.
About Vanquish Worldwide
In addition to its U.S. contract work, Vanquish offers significant experience working in U.S. operational theaters, developing nations, as well as austere environments. Services include logistics maintenance, supply, transportation, security, training, facility and life support, manpower/staff augmentation, information technology and construction. Vanquish is headquartered just outside of Greater Knoxville, Tenn., with offices in Afghanistan, Uganda, Iraq and throughout the United States.