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VSE Wins $244M Vehicle Maintenance, Repair and Overhaul Task Order - VSE will provide on-site logistics support at Red River Army Depot - VSECorp.com
VSE Wins $244M Vehicle Maintenance, Repair and Overhaul Task Order

 

NewswireTODAY - /newswire/ - Alexandria, VA, United States, 2016/04/04 - VSE will provide on-site logistics support at Red River Army Depot - VSECorp.com. NASDAQ: VSEC

   
 
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VSE Corporation recently was awarded an Equipment Related Services (ERS) task order under the TACOM Strategic Services Solutions (TS3) contract to support maintenance, repair, overhaul, modification and upgrade of military vehicles and other equipment for the Red River Army Depot (RRAD) located west of Texarkana, Texas. This task order consists of a base year (including a base surge option), two one-year options and an additional six-month option for a total potential value of $243.8 million, if all options are exercised. We disclosed this award, which was under protest, in our recently filed 10-K and Earnings Release last month. GAO subsequently denied the protest and affirmed the award to VSE.

VSE will provide on-site contractor logistics support at RRAD to include maintenance, repair, overhaul, modification, and upgrade of Bradley Fighting Vehicle Systems (BFVS), Multiple Launch Rocket System (MLRS) vehicles, Rubber Products (track and road-wheels), Tactical Wheeled Vehicles (trucks, tractors, and trailers), Bridge Boats, Secondary Components, Mine-Resistant Ambush Protected (MRAP) Vehicles, Armored Security Vehicles, Small Unit Support Vehicles (SUSV), All Terrain Material Handling Equipment and MRAP University (MRAP-U) support. This effort is estimated to employ over 1,100 employees from VSE and the supporting subcontractors beginning on or about May 16, 2016.

“VSE’s legacy is built on providing customized maintenance, repair and overhaul solutions for sustaining our customers’ mission-critical platforms,” said Maurice “Mo” Gauthier, VSE’s CEO, President, and COO. “We will ensure that the equipment and programs we support at RRAD remain at peak readiness at all times. Our success as a team depends upon our individual commitment to our clients’ success as they navigate the world in pursuit of our nation’s goals.”

About VSE

Established in 1959, VSE (vsecorp.com) is a diversified logistics and services company with experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our federal and commercial clients successful by delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement, program management, energy, IT, and consulting services.

 
 
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Agency / Source: VSE Corporation

 
 

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VSE Wins $244M Vehicle Maintenance, Repair and Overhaul Task Order

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VSE Corporation | Red River Army Depot
Contact: Christine Kaineg - VSECorp.com 
703-329-3263 info[.]vsecorp.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VSE Corporation securities in any jurisdiction including any other companies listed or named in this release.

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