VSE Awarded Navy Contract
VSE announced that its Fleet Maintenance Division has been awarded a contract by the Fleet Industrial Supply Center Philadelphia to support the Naval Sea Systems Command (NAVSEA) Shipbuilding Support Office and will provide engineering and technical support for ship modernization. VSE will continue work which has been ongoing uninterrupted since 1984 with contracts with NAVSEA Shipbuilding Support Office and the Philadelphia Naval Shipyard on subsequent re-competed contracts. The new contract awarded is an indefinite quantity, indefinite delivery type contract with a base year and four one-year option periods extending through 2007. The contract has an estimated five- year value of over $30 million. Work under the contract will commence immediately.
VSE Awarded U.S. Navy Contract
VSE Corporation’s Fleet Maintenance Division has been awarded a cost plus fixed fee, indefinite delivery indefinite quantity contract by the Fleet Industrial Supply Center Philadelphia to support the Naval Sea Systems Command (NAVSEA) Shipbuilding Support Office (NAVSHIPSO). The new contract represents potential VSE revenues of up to $30.7 million during the base year, and up to $160.5 million over five years if all option periods are exercised. Through its Haddon Heights, New Jersey, and Chesapeake, Virginia, offices, VSE will provide the Navy with engineering and technical support services for ship modernization efforts, including shipboard electric and electronic systems, crew habitability, and auxiliary and propulsion systems.
