Versar Awarded $1.2 M Contract From US Army Corps of Engineers

Versar, Inc. (NYSE MKT: VSR) announced today that the team of Health Facility Solutions Company (Prime Contractor) and Versar, Inc. (Subcontractor) has been awarded a new task order on its U.S. Army Corps of Engineers (USACE) Louisville District contract, to provide Performing Planning Systems Support at five sites: Fort Belvoir, VA; Fort McCoy, WI; Fort Dix, NJ; Fort Jackson, SC; and Moffett Federal Airfield, CA. This contract provides automated planning and technical support to ensure personnel and facilities requirements are properly documented to provide sufficient operational readiness, mobilization and deployment for reserve component forces.

The firm fixed price task order is a single award with a maximum three year period of performance consisting of a base year and 2 option years.  Versar's share for supporting this contract during the stated period of performance is $1.2 million.

Tony Otten, CEO of Versar said, "This award is a validation of the team we have formed with Health Facility Solutions Company.  We welcome this opportunity to work with USACE Louisville, and are confident in our team's ability to provide high quality professional services to match the requirements of the contract."