VSE's Wheeler Bros. Awarded $2.9 Million Postal Service Shelving Contract

WBI will provide 10,000 shelving units for installation in Postal Service vehicles under initial delivery order

ALEXANDRIA, Va.-- VSE Corporation (NASDAQ: VSEC) subsidiary, Wheeler Bros., Inc. (WBI) was awarded a delivery order to supply 10,000 engineered shelving kits to the United States Postal Service for use in the Long Life Delivery Vehicles (LLV). This delivery order has a value of $2.9 million, with an option to purchase up to 40,000 additional kits following the initial delivery.

WBI submitted a design concept for purpose-built shelving units to address an increase in package deliveries by the Postal Service. Upon evaluation of the design, WBI was awarded the opportunity to supply 100 kits for in-field testing. The Postal Service then released a new solicitation with a requirement to supply the first 10,000 units for installation by November of this year and WBI was awarded the contract. WBI will begin distribution of the shelving units to Postal Service vehicle maintenance facilities across the United States over the coming months.

“We are proud to provide a purpose-built solution in response to an increase in package delivery by the Postal Service,” said WBI President Chad Wheeler. “Our shelving solution was developed to give Postal Service carriers more space in the cargo bay area and reduce the need to lift large or heavy items from the rear of the vehicle. Additionally, the new shelving units require minimal installation time for technicians at the Postal Service maintenance facilities. WBI is committed to providing cost effective solutions to meet the expanding demands of the U.S. Postal Service.”

About Wheeler Bros., Inc.

WBI is an ISO 9001:2008 Certified Supply Chain Management Company that specializes in the procurement and distribution of fleet vehicle maintenance and defense components. WBI has a 50 year legacy of providing high quality vehicle parts to the U.S. Postal Service (USPS) and the Department of Defense. WBI's core expertise lies in its global capabilities for sourcing, engineering, warehousing and distribution of vehicle parts. Wheeler Bros., Inc. is headquartered in Somerset, PA.

About VSE

Established in 1959, VSE is a diversified federal services company with experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to our clients’ success by delivering sustainment services for legacy systems and equipment and professional services through talented people and innovative solutions. Key competencies include supply chain management, equipment refurbishment, logistics, engineering, energy, IT solutions, health care IT, and consulting.

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.

VSE Corporation
Christine Kaineg
VSE Investor Relations
703-329-3263

Source: VSE Corporation

Released July 23, 2014