VSE Corporation Awarded $57.4M in FMS Delivery Orders
September 05 2017 - 4:30PM
Business Wire
VSE Corporation (NASDAQ: VSEC) was awarded several delivery
orders in July and August 2017 by the Naval Sea Systems Command
(NAVSEA) International Fleet Support Program Office to provide
support under its Foreign Military Sales (FMS) contract. VSE will
provide maritime program support including logistics, planning,
repair and maintenance management, procurement, technical
assistance, training and engineering support to eleven client
countries. The periods of performance for these delivery orders
range between 9 and 20 months, and the delivery orders have a
combined funded value of $57.4 million.
“We are proud to continue our partnership with the U.S. Navy,
delivering innovative solutions and services to ensure our allied
navies fulfill their maritime mission requirements,” said Maurice
“Mo” Gauthier, VSE CEO. “Follow-on training and in-country
technical support, including critical equipment procurement, are
vital to the operations of our allied navies, and we are dedicated
to providing valuable and reliable services at home and
abroad.”
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: http://www.businesswire.com/news/home/20170905006164/en/
VSE News Contact:Christine Kaineg, 703-329-3263
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