Key Developments: VSE Corp (VSEC.O)

VSEC.O on Nasdaq

59.33USD
29 Aug 2014
Price Change (% chg)

$0.71 (+1.21%)
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$58.62
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Latest Key Developments (Source: Significant Developments)

VSE Corp's Wheeler Bros. receives $2.9 million postal service shelving contract
Wednesday, 23 Jul 2014 04:15pm EDT 

VSE Corp:Says subsidiary, Wheeler Bros., Inc. (WBI) receives delivery order to supply 10,000 engineered shelving kits to United States Postal Service for use in Long Life Delivery Vehicles (LLV).This delivery order has value of $2.9 mln, with option to purchase up to 40,000 additional kits following the initial delivery.  Full Article

VSE Corp declares cash dividend
Wednesday, 7 May 2014 04:15pm EDT 

VSE Corp:Declared a quarterly dividend of $0.10 per share.Represents an increase of 11 Pct.Dividend will be paid on Aug. 6, to stockholders of record as of July 23.  Full Article

VSE Corp Declares Quarterly Dividend-Form 8-K
Thursday, 6 Mar 2014 07:00pm EST 

VSE Corp:Declared a quarterly dividend of $0.09 per share to be paid on May 21 to stockholders of record as of May 7.  Full Article

VSE Corp receives $13.4 mln in N*STAR FMS Delivery Orders
Tuesday, 4 Mar 2014 04:10pm EST 

VSE Corp:Says its International Group has received several delivery orders totaling more than $13.4 mln to continue work performed under its Foreign Military Sales Naval Ship Transfer and Repair (N*STAR) contract through the Naval Sea Systems Command (NAVSEA) International Fleet Support Program.  Full Article

VSE Corp wins $14 million base operations and logistics contract
Thursday, 20 Feb 2014 04:10pm EST 

VSE Corp:Says it Was recently awarded a Time and Materials (T&M)/Firm Fixed Price (FFP) task order to support base operations and logistics at Red River Army Depot (RRAD) under the Field Installation Readiness Support Team (FIRST) contract.This task order has a one-year base period valued at $5.4 million and two option periods with a total contract value of $14.3 million.Under this task order, the VSE Team will provide on-site contractor logistics support at RRAD, including facilities maintenance, base operations, installation logistical support, supply technician, clerical support functions, and administrative support functions.  Full Article

VSE Corp Declares Quarterly Dividend-Form 8-K
Thursday, 31 Oct 2013 01:50pm EDT 

VSE Corp reported in its Form 8-K that on October 30, 2013, the Company's Board of Directors declared a quarterly dividend of $0.09 per share to be paid on November 27, 2013 to stockholders of record as of November 13, 2013.  Full Article

VSE Corp Wins $12 Million In USMC Semitrailer Maintenance Contracts
Monday, 21 Oct 2013 04:05pm EDT 

VSE Corporation announced that it was recently awarded two Firm Fixed Price (FFP)/Indefinite Delivery Indefinite Quantity (IDIQ) contracts to support the Marine Corps Logistics Command in Albany, GA. Both contracts have a period of performance that includes a one-year base and four one-year options with a total combined value of $11,802,158. Under both contracts, VSE will support the Marine Depot Maintenance Command (MDMC) in the rebuild effort of approximately 170 40-ton payload, three-axle Medium Heavy Equipment Transporters (MHET) semitrailers and 230 5,000-gallon fuel dispensing semitrailers. VSE will restore the semitrailers to a serviceable and issuable condition in appearance, performance and life expectancy. In addition to the refurbishment and reset work, VSE will apply a corrosion prevention coating that will reduce lifecycle costs and increase sustainability of the semitrailers while in the field. VSE plans to perform work under this contract in multiple locations across the United States.  Full Article

VSE Corp Secures Two Firm Fixed Price Task Orders
Monday, 7 Oct 2013 04:05pm EDT 

VSE Corp announced that it was awarded two Firm Fixed Price (FFP) Task Orders in September under its Field and Installation Readiness Support Team (FIRST) prime contract to continue the support services to the U.S. Army Reserve Command (USARC) for its 63rd and 88th Regional Support Command (RSC) Logistics Readiness Support programs, based out of Ft. McCoy, WI. The 63rd Task Order has a period of performance of 12 months with one 12-month option. The 88th RSC Task Order has a period of performance of 12 months with two 12-month options. The total combined value of both task orders is approximately $63 Million. When combined with a task order awarded to VSE on August 23rd under its Rapid Response Third Generation (R2-3G) contract, the additional awards of the 63rd and 88th RSC enable us to continue work previously performed by VSE under a General Services Administration (GSA) task order that expired in July 2013. VSE will work directly with Government employees and Army reservists at the two RSCs to deliver effective Combat Service Support to the Army across a 19-state region. These task orders require the storage, supply, and maintenance of thousands of pieces of equipment, property accountability, vehicle operations, maintenance management, field and sustainment level maintenance, storage operations, Hands on Training (HOT) support, and watercraft maintenance support.  Full Article

VSE Corp Declares $0.09 per Share Cash Dividend
Tuesday, 7 May 2013 05:47pm EDT 

VSE Corp announced that reported that the Company's Board of Directors has declared a quarterly dividend of $0.09 per share, increasing the cash dividend by 12.5% for an annual payout rate $0.36 per share. The dividend will be paid on August 7, 2013, to stockholders of record as of July 24, 2013.  Full Article

VSE Corp Secures $24 Million To Support U.S. Army’s FMS Maritime Defense Systems
Wednesday, 10 Apr 2013 05:06pm EDT 

VSE Corp announced that it has been awarded a Cost-Plus Award Fee delivery order under its Foreign Military Sales (FMS) Naval Ship Transfer and Repair (NSTAR) contract through the Naval Sea Systems Command (NAVSEA) International Fleet Support Program. The delivery order has a four year period of performance and a value of $23,734,925. Under this delivery order, VSE will support Taiwan's Maritime Defense efforts, managed by the Army Aviation and Missile Command's Integrated Material Management Center (AMCOM IMMC) Lower Tier Project Office (LTPO). The work focuses on technical assistance, supply chain management, equipment procurement, logistics, integration, facilities and administrative support to the LTPO office in the upgrade and maintenance of the Taiwan Maritime Defense Systems under the FMS agreement.  Full Article

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