VSE Awarded $38 Million in Prime and Subcontracts to Provide Military Operational Readiness Support
ALEXANDRIA, Va.-- VSE Corporation (Nasdaq GS: VSEC) announced today that its Federal Group was awarded five prime/subcontracts recently totaling $38 million in support of various Department of Defense programs.
The awards are all for work in support of missions in Iraq, Kuwait and Afghanistan to include:
-- Mine Resistant Ambush Protected Joint Logistics Integrator (MRAP JLI) II for the Army and Marine Corps; -- Up-armoring support for High Mobility Multipurpose Wheeled Vehicles (FRAG6 M1151); -- Heavy equipment mechanics for field services support; -- Counter radio controlled improvised explosive device application systems integration;and -- Continued operational support for the U.S. Air Force Engineering Networked Training Center.
VSE CEO Maurice Gauthier commented, "We are very pleased that we were chosen for these various task orders in direct support of the warfighter. VSE continues to gain momentum in becoming the 'go to' team in Southwest Asia with our deep program management, engineering, and vehicle refurbishment experience."
VSE's Federal Group
Federal Group provides engineering, advanced technology, prototyping, technical, management and integrated logistics support services to U.S. military branches and other government agencies. Federal Group also specializes in providing full life-cycle engineering, logistics, maintenance, and refurbishment services to extend and enhance the life of existing equipment. Support also includes providing worldwide field maintenance and logistics support services for a wide variety of military vehicles and equipment in austere environments. For more information about Federal Group's services please see the VSE Corporation website at www.vsecorp.com or contact Keith Prewitt at (703) 329-3251.
VSE marked its 50th year as a government contractor in 2009. VSE is a diversified Federal Services company of choice for solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our clients successful by delivering talented people and innovative solutions for consulting and program management, logistics, equipment and vehicle/vessel refurbishment, engineering, information technology, energy consulting, and construction program management. For additional information on VSE services and products, please see our web site at www.vsecorp.com or contact Randy Hollstein, Corporate Vice President of Sales and Marketing, at (703) 329-3206.
This news release contains statements which, to the extent they are not recitations of historical fact, constitute "forward looking statements" under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE's public filings with the Securities and Exchange Commission.
Source: VSE Corporation