VSE Wins Contract for Shipboard Equipment Installation
ALEXANDRIA, Va., June 9 /PRNewswire/ -- VSE Corporation (VSE) reported that its engineering, logistics, management, and technical services business segment was awarded a contract to provide Shipboard Equipment Installation and technical services in support of NAVSHIPSO in Philadelphia. If fully funded with all options exercised, the contract represent potential VSE revenues of up to $17 million over a three year period.
Mike Hamerly, Vice President and General Manager of VSE's Sea Warfare division which will perform the work said, "this contract will allow us to continue to provide shipboard engineering and technical services to the Department of the Navy. VSE has provided a full range of support for all aspects of Shipboard equipment installation for many years including integrated engineering, operational support, maintenance, repair, and upgrade of shipboard systems. We see this as an opportunity to expand our business base in these areas." Don Ervine, CEO, VSE said, "this contract fits nicely within VSE core capabilities and is a building block for expanding our ship maintenance work and returning our focus to the things we know how to do." |
