VSE Corporation Receives $46.3M in New Awards
October 11 2018 - 4:30PM
Business Wire
VSE Corporation (NASDAQ: VSEC) reported several new awards this
September to our Federal Services Group totaling approximately
$46.3 million. The awards include:
- NAVSEA FMS Delivery Order
AwardsSeveral delivery orders to provide services under its
Foreign Military Sales (FMS) support contract by the Naval Sea
Systems Command (NAVSEA) International Fleet Support Program
Office. VSE will provide maritime program support including
logistics, planning, repair and maintenance management, supply
support, technical assistance, training and engineering support to
four of our allied countries. The combined funded value for all
delivery orders is approximately $40.8 million.
- Department of Justice Task Order
AwardsTask orders to provide the U.S. Department of Justice
with various maritime logistics support services, including
operations management of the vessels and their crew, upkeep of
maintenance requirements, ship relocations and marketing efforts.
VSE also provides financial analysis and auditing functions to
assist the department’s investigations, along with expertise in
local real estate law. The combined funded value for the DOJ
International Asset Recovery Support Services (IARSS) Time &
Materials (T&M) task orders is approximately $5.5 million over
a twelve month period of performance.
"We and our cadre of best-in-class teammates are well positioned
to provide exceptional technical support and training services to
our customers under these delivery orders and task orders," said
J.R. Brown, VSE’s Federal Services Group President. "We offer
innovative solutions to our clients to ensure they have the best
resources and support available to achieve their mission
requirements."
About VSE
Established in 1959, VSE is a diversified logistics and services
company with experience in solving issues of global significance
with integrity, agility, and value. VSE is dedicated to making our
federal and commercial clients successful by delivering innovative
solutions for vehicle, ship, and aircraft sustainment, supply chain
management, platform modernization, mission enhancement, program
management, energy, IT, and consulting services. For additional
information regarding VSE services and products, please see the
Company's web site at www.vsecorp.com or contact Christine Kaineg,
VSE Investor Relations, at (703) 329-3263.
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version on businesswire.com: https://www.businesswire.com/news/home/20181011005748/en/
VSE News Contact:Christine Kaineg, 703-329-3263
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