This is a very simple keyframe animation that can definitely be done in Vegas (but probably wasn't). AE would be serious overkill for this, but it would certainly work and you could improve it in AE in ways you can't in Vegas (e.g., AE's motion blur is very nice - I'm not a fan of Vegas' implementation at all).
I recreated the logo and here's the project file (for version 9, sorry - but this animation could have been done in anything back to version 4, I believe):
371_mnecontractor.zip 150 KB
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