16 avril 2020 | International, Aérospatial, Naval, Terrestre
Alexandria, Va.--(BUSINESS WIRE)—April 13, 2020 - VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets in the public and private sectors, today announced approximately $90 million in contract and delivery order awards with the United States Department of Defense (“DOD”).
These awards include the following:
A five- and one-half-year contract, commencing in the 2nd Quarter of 2020, to provide procurement and technical support services for the Marine Corps Advanced Amphibious Assault (AAA) family of vehicles. This award represents an increase in contract value, scope and capabilities for work currently performed by VSE.
Delivery orders to provide services under VSE's Foreign Military Sales contract with the Naval Sea Systems Command (“NAVSEA”) International Fleet Support Program Office. Under these delivery orders, VSE will provide maritime program support including logistics, planning, repair and maintenance, training and engineering support to allied countries of the United States.
“Our Federal Services Group recently launched a multi-year business development initiative that seeks to grow bookings and funded backlog through increased penetration of both new and existing markets,” stated John Cuomo, VSE President and CEO. “While this initiative remains in its early stages, these new contract awards reflect progress under our recently appointed Federal Services Group president, Robert Moore.”
“VSE has decades of field-tested expertise in maintaining mission-critical vehicles, ships and aircraft that help to ensure optimal performance throughout their service life,” continued Cuomo. “We are proud to partner with both the Marine Corps and NAVSEA in support of their continued operational readiness.”
About VSE Corporation
VSE is a global provider of aftermarket distribution and repair services for land, sea and air transportation assets in the public and private sectors. VSE is a recognized leader in delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement and program management. VSE also provides energy, IT and consulting services. For additional information regarding VSE's services and products, visit www.vsecorp.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20200413005426/en/
Investor Relations
Noel Ryan
720.778.2415
investors@vsecorp.com
View source version on VSE Corporation: https://ir.vsecorp.com/news/press-releases/detail/254/vse-corporation-announces-approximately-90-million-in
18 septembre 2024 | International, Aérospatial
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22 novembre 2019 | International, Aérospatial
By Christen McCurdy Nov. 21 (UPI) -- Lockheed Martin announced Wednesday that it has contracted with the Japanese Ministry of Defense to produce two solid state radar antenna sets for Aegis Ashore Japan. The Aegis Ballistic Missile Defense System is a U.S. program designed to provide missile defense against short to intermediate-range ballistic missiles. The system is designed to detect, track and engage ballistic missile threats and engage multiple targets simultaneously. The Aegis system was recently designated by the federal government as AN/SPY-7(V)1, and provides several times the detection range and sensitivity of previous Aegis systems. Japan decided to deploy its own Aegis missile defense system in June 2017 and spent $2.15 billion to purchase two Aegis systems at the beginning of this year. Japan's defense minister, Takeshi Iwaya, has argued Japan needs Aegis Ashore for national security. But the program has been controversial. In June, Japan's defense minister admitted the government's decision to deploy the missile defense program, and its chosen locations, had been based on faulty data. Japanese lawmakers and residents of the Akita prefecture, where the interceptors are set to be deployed, have also expressed concerns about the effects of the program's radar on the health of the city's 330,000 residents. Variants of the SPY-7 radar will also be utilized through partnerships with the U.S. Government, Spain and Canada. To date, the technology has been selected for a total of 24 systems. https://www.upi.com/Defense-News/2019/11/21/Lockheed-contracts-for-two-solid-state-radar-SPY-7-sets-for-Aegis-Ashore-Japan/5151574361029/