VSE Awarded US Army MRAP Maintenance and Repair Contract

VSE Corporation (NASDAQ: VSEC) has been awarded a firm-fixed price level-of-effort (FFP/LOE) prime contract through the Army Contracting Command – Warren (ACC-WRN) for work performed at the Mine Resistance Ambush Protected (MRAP) Logistics Compound Maintenance Sustainment Facility (MSF) in Kuwait. The contract has a three-month period of performance (20 Sept 2012 – 31 Dec 2012) and a value of $13.2M.

Under this contract, VSE will provide mechanical maintenance services for all MRAP vehicles and systems. The work focuses on field and sustainment maintenance, repair and upgrade support, which returns the vehicles to a fully operational and mission capable status. MRAP vehicles provide mine resistant protection for vehicle occupants during transportation and mission related events.

“We are pleased to be awarded this prime contract to support the Army Contracting Command to meet the operational readiness needs of our servicemen and women in theater,” said Federal Group President Donnelle Moten. “VSE has performed MRAP maintenance and repair work at the Kuwait MSF since 2009, and our customer can be assured we will continue providing the highest quality work as the joint logistics integrator. Additionally, we look forward to growing our partnership with our subcontractor, Ranger Land, while showing our focus and commitment to the continued mission success of the U.S. Army.”

Source: VSE Corp.
Date: Oct 26, 2012