VSE Awarded US Army MRAP Maintenance Firm-Fixed Price 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.