VSE Corp. (VSEC) Announces Strategic Actions

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VSE Corporation Announces Strategic Actions to Expand Aviation Aftermarket and Enhance Growth and Profitability

February 29, 2024 4:15 PM EST

Enters into a Definitive Agreement to Acquire Turbine Controls Inc., Enhancing VSE Aviations OEM Authorized Repair Capabilities and Further Increasing its Competency in the High-Growth Aviation MRO Market

Completes the Divestiture of Substantially All of the Federal & Defense Segment

Initiates a Process to Explore and Evaluate Strategic Alternatives Involving the Fleet Segment

Pre-Announces Preliminary Fourth Quarter and Full-Year 2023 Financial Results and Provides Update on Full-Year 2024 Guidance

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (VSE or the Company) (NASDAQ:... More