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VSE Corp (VSEC.O)

VSEC.O on Nasdaq

34.41USD
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Vse Q2 EPS $1.10
Thursday, 28 Jul 2016 08:39pm EDT 

Vse Corp : Vse reports financial results for second quarter 2016 . Q2 earnings per share $1.10 .Q2 revenue $160 million versus $131 million.  Full Article

VSE Corp wins $37M USMC AAV equipment support task order
Wednesday, 16 Sep 2015 04:30pm EDT 

VSE Corp:Says awarded a firm fixed price task order under its SeaPort-e contract vehicle to support the U.S. Marine Corps Systems Command in Quantico, VA.Task order has a period of performance that includes a six-month base period and four one-year options with a total value of $37M.  Full Article

VSE Corp Subsidiary Akimeka secures JMAR task order
Wednesday, 27 May 2015 04:30pm EDT 

VSE Corp:Says it's subsidiary, Akimeka, LLC, secures task order Government-Wide Acquisition Contract for core development and sustainment for the Joint Medical Asset Repository system.Says total contract value of about $14.9 mln.  Full Article

VSE Corp secures $263 mln logistics support services task order
Monday, 18 May 2015 04:30pm EDT 

VSE Corp:Secures Logistics Support Services task order under U.S. Army's Enhanced Army Global Logistics Enterprise (EAGLE) Program to support base operations and logistics.Says order has base year, four one-year options, and one six-month option.Total potential value of task order is $263 mln.Under this task order VS2 Team will provide on-site contractor logistics support at Fort Benning.Services provided include material maintenance, supply services, ammunition services, transportation, and associated logistics analysis and management functions.  Full Article

VSE Corp declares cash dividend
Thursday, 7 May 2015 05:25pm EDT 

VSE Corp:Declares a quarterly dividend of $0.11 per share, an increase of 10%, for an annual payout rate $0.44 per share.Dividend will be paid on August 5, 2015, to stockholders of record as of July 22, 2015.  Full Article

VSE Corp declares quarterly dividend - Form 8-K
Tuesday, 10 Mar 2015 04:15pm EDT 

VSE Corp:On March 4, board of directors declared a quarterly dividend of $0.10 per share to be paid on May 20 to stockholders of record as of May 6.  Full Article

VSE Corp closes on Killick Aerospace acquisition
Wednesday, 28 Jan 2015 05:12pm EST 

VSE Corp:Announced that it has closed the acquisition of four business units from Killick Aerospace Group, consisting of Prime Turbines (including both U.S. and Germany-based operations), CT Aerospace, Kansas Aviation of Independence and Air Parts & Supply Co.Says the companies specialize in maintenance, repair and overhaul (MRO) services and parts supply for corporate and regional jet aircraft engines and engine accessories.Initial purchase price paid at the closing was about $189 million in cash.  Full Article

VSE Corporation signs agreement to acquire companies held by Killick Aerospace
Wednesday, 31 Dec 2014 07:30am EST 

VSE Corp:Signs definitive agreement to acquire four business units from Killick Aerospace Group, consisting of Prime Turbines (including both U.S. and Germany-based operations), CT Aerospace, Kansas Aviation and Air Parts & Supply Co.Companies to be acquired specialize in maintenance, repair and overhaul (MRO) services and parts supply for corporate and regional jet aircraft engines and engine accessories.The initial purchase price payable upon the closing is about $184 million in cash.Purchase agreement also includes potential post-closing payments of up to $40 mln if CT Aerospace, Kansas Aviation and Air Parts & Supply Co. surpass certain thresholds of earnings before interest, taxes, depreciation and amortization (EBITDA).Says EBITDA during the first two years after the closing and one additional post closing payment of $5 million if such companies surpass certain EBITDA threshold during any 12-consecutive month period in 2014 and 2015.Other purchase price adjustments also may be required based on certain post-closing determinations, including in respect of the closing net working capital and certain inventory and equipment.  Full Article

VSE Corp declares quarterly dividend - Form 8-K
Wednesday, 10 Dec 2014 03:05pm EST 

VSE Corp:Says On Dec. 10, board declared a quarterly dividend of $0.10 per share to be paid on Feb. 18, 2015 to stockholders of record as of Feb. 4, 2015.  Full Article

VSE Corp declares cash dividend - Form 8-K
Friday, 31 Oct 2014 02:14pm EDT 

VSE Corp:On Oct. 30, declared quarterly dividend of $0.10 per share to be paid on Nov. 26 to stockholders of record as of Nov. 12.  Full Article

BRIEF-VSE Corp announces two-for-one stock split

* Announces two-for-one stock split and cash dividend increase