VSE Subsidiary Akimeka Awarded 5-Year Contract

VSE Corporation (NASDAQ: VSEC) reported today that subsidiary, Akimeka, has been awarded a prime contract by the Office of the Secretary of Defense (OSD), Tricare Management Activity (TMA). VSE was one of seven awardees of an indefinite-delivery/indefinite-quantity (IDIQ) contract which has a five-year period of performance and a total cumulative contract value not to exceed $300 million for the entire program.

The contract will support the Pacific Joint Information Technology Center (Pacific JITC) out of Kihei, Maui, Hawaii in the areas of Information Management/Information Technology (IM/IT) proof of concept demonstrations and product prototyping. Akimeka will support the Military Health System fulfill its mission to rapidly research, test and develop warfighter medical solutions and products, through pilots or prototypes that provide mission critical value and actionable information to the DoD, including the Services, Combatant Commanders, and the Department of Veterans Affairs (VA).

Akimeka President John Harris stated, “Akimeka and our partners are proud to be selected to support the Pacific JITC and look forward to leveraging our capabilities to enhance the health and medical-related information technology offered to support our nation’s military service members and veterans.”

“We are pleased with this award, which is evidence of the strength of Akimeka’s customer relationships and proven expertise in healthcare information technology,” added VSE CEO Maurice “Mo” Gauthier.

Source: VSE Corp.
Date: May 29, 2012