Agreements

VSE going strong in bidding activity for Federal and Defence segment

VSE Corporation has announced new contracts worth USD 59 million from US Department of Defence and other federal agencies
These recent successes validate the focus on leveraging VSE’s core competencies to build a robust, growing book of business including both new business wins and renewal awards

29 July 2020: VSE Corporation has announced new contracts worth USD 59 million from US Department of Defence and other federal agencies. The first order is a 26 month delivery order to provide services under VSE’s Foreign Military Sales contract with the Naval Sea Systems Command (“NAVSEA”) International Fleet Support Program Office. Under this delivery order, VSE will provide procurement, staging installation and training of the Low Frequency Active Towed Sonar (LFATS) System to an allied country of the United States.

“We are honoured to provide the highest level of support to our service men and women, allies and civil servants in the field through long-term partnerships with the DOD and other federal agencies,” said John Cuomo, President and CEO of VSE Corporation. “In our Federal and Defence segment, we have significantly increased our bidding activity on a year-over-year basis, and these recent successes validate our focus on leveraging VSE’s core competencies to build a robust, growing book of business including both new business wins and renewal awards.”

They have also received another USD 17 million 36-month task order award to continue work under the Contractor Field Team (CFT) program. Under the terms of this task order, VSE will continue to provide corrosion control treatment, prevention and repair maintenance to aircraft, aerospace ground equipment and support equipment at Kadena Air Base in support of the 18th Wing, 353rd Special Operations Group and Navy Commander Task Force 72 for up to three more years.