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Technology Stocks : VSE Corp (VSEC)--turnaround is about complete -- Ignore unavailable to you. Want to Upgrade?

To: Paul Lee who wrote (96)	2/21/2015 3:02:40 PM
From: Paul Lee	Respond to of 97

VSE Corporation ( VSEC), together with partner Saudi Prerogative Company (SPC) will showcase their wide range of defense sustainment capabilities, including the maintenance, repair, overhaul and modernization of land, sea and air systems at the International Defense Exhibition and Conference (IDEX) 2015 in Abu Dhabi, United Arab Emirates. VSE and SPC have recently formed a Saudi-registered Joint Venture Company, VSE Arabia, dedicated to providing world-class platform, system and equipment sustainment to the Saudi market. VSE Arabia’s Riyadh office in Al-Akaria Plaza serves as headquarters for this initiative to bring the combined capabilities of the two companies to a broader market, improving readiness and providing cost effective sustainment to critical defense systems. Speaking about IDEX 2015, VSE CEO Maurice “Mo” Gauthier highlighted the “unique opportunity afforded by IDEX to introduce our decades of experience in the cost effective sustainment of platforms, systems and equipment to a much broader market. He also highlighted that “we are delighted at this opportunity to further strengthen our partnership with SPC. Together we can provide our sustainment services while at the same time applying our expertise in training and workforce development to benefit our customers over the long term. We are proud to support the Kingdom’s initiative to develop and employ Saudi professionals across a wide range of industry, known as Saudization.” Shk. Mazen K. Al-Sowaigh, president and CEO of SPC echoed this sentiment: “IDEX allows us to showcase the strength of our partnership - a strong strategic fit and a key part of our long-term growth strategy. VSE Arabia leverages the two companies’ respective strengths and we’re excited to partner with VSE as we focus our combined energies to serve a broad range of customers with industry-leading lifecycle sustainment, engineering and supply chain solutions. Our solutions increase asset readiness while addressing the need for Saudization through training, employing and mentoring local citizens.”