[October 11, 2018] |
|
VSE Corporation Receives $46.3M in New Awards
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 Awards
Several 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 Awards
Task 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 analysi 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181011005748/en/
[ Back To TMCnet.com's Homepage ]
|