VSE Awarded $63M Task Order for Reset of Family of Medium Tactical Vehicles (FMTV)

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ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (NASDAQ: VSEC) was recently awarded an Equipment Related Services (ERS) task order under the TACOM Strategic Services Solutions (TS3) contract to support supply chain management for the reset of family of medium tactical vehicles at Red River Army Depot (RRAD). This task order consists of a base year with two one-year options for a potential value of up to $63 million.

Under this task order VSE will provide supply chain management services to the Medium Tactical Vehicle Product Support Integration Directorates FMTV Reset program. Throughout the period of performance, VSE will provide ongoing support of spare/repair parts, major components and other supply chain management services for all variations of the FMTV series 2.5 Ton, 5 Ton, and 10 Ton trucks at RRAD in Texarkana, TX.

"VSE remains committed to providing superior services for the Red River Army Depot,” said J.R. Brown, VSE’s Federal Services Group President. “Through this award, we will provide vital support to the production lines that are reconditioning critical assets for the warfighter.”

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.

VSE
Christine Kaineg, 703-329-3263

Source: VSE Corporation

Released October 3, 2016