U.S. Naval Sea Systems Command Awards VSE Potential $1.5 Billion Contract for International Fleet Support Program

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posted:10/3/2011
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Description: ALEXANDRIA, Va.--(EON: Enhanced Online News)--VSE Corporation’s (Nasdaq GS: VSEC) GLOBAL Division has been awarded a one-year $277 million cost-plus-award-fee, indefinite-delivery, indefinite-quantity contract by the U.S. Naval Sea Systems Command for continuous lifecycle support of naval vessels bought, sold, or otherwise transferred to Foreign Military Sales customers through the International Fleet Support Program. This contract includes options, which, if exercised by NAVSEA, would bring the a st
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