Loading...
Loading...
Versar, Inc. (NYSE MKT:
VSR) announced today that its joint venture with Johnson Controls Federal Systems has been awarded a $7 million Sustainment, Restoration & Modernization (SR&M) Acquisition Task Order Contract (SATOC) with the Air Force Civil Engineer Center (AFCEC). The contract will provide design-build services for repairs of the Blue Brick Buildings at Kuwait Naval Base (KNB), Kuwait. The contract is a single award and is expected to be completed by July 2017.
Tony Otten, CEO of Versar, Inc. said, "We are excited to work with our joint venture partner Johnson Controls Federal Systems on this additional opportunity to provide continued support to AFCEC. This is the second significant SATOC contract we've been awarded in Kuwait within the last few months and we are confident in our team's ability to deliver the high quality service this contract requires."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in