- VSE Corp’s VSEC Federal and Defense segment has secured a 12-month, ~$100 million contract from Naval Sea Systems Command (NAVSEA).
- VSE is the current contractor providing Foreign Military Sales Follow-on Technical Support (FOTS) to NAVSEA.
- Under the terms of the contract award and in conjunction with NAVSEA’s International Fleet Support Program Office (PMS 326), VSE will continue to support eligible foreign navies with a broad range of aftermarket services.
- Price Action: VSEC shares are trading higher by 3.26% at $49.21 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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