VSE Corp. (VSEC) Announces $1 Billion Engine Accessories Distribution Agreement
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VSE Aviation Announces $1 Billion Engine Accessories Distribution Agreement
April 13, 2021 8:00 AM EDTALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets supporting government and commercial markets, today announced that it has entered into a 15-year distribution agreement valued at approximately $1 billion over the life of the contract with a global aircraft engine manufacturer (OEM).
Under the terms of the agreement, VSE Aviation will be the distributor for more than 6,000 flight-critical components used in more than 100 business and general aviation (B&GA) and regional aviation... More
