VSE Corp. (VSEC) Announces $59 Million in New Contract Commitments

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Go back to VSE Corp. (VSEC) Announces $59 Million in New Contract Commitments

VSE Corporation Announces $59 Million in New Contract Commitments

July 27, 2020 5:00 PM EDT

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (NASDAQ: VSEC), a leading provider of distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets in the public and private sectors, today announced approximately $59 million in new contract commitments, including the following:

$42 million in new funding received in July 2020 on both new and existing task and delivery orders with the United States Department of Defense (DOD) and other federal agencies. This includes a 26-month delivery order to provide services under VSEs Foreign Military Sales contract... More