Versar, Inc. Joint Venture Awarded $2.5M Contract To Provide Construction Services At Mountain Home AFB

Versar, Inc. (NYSE MKT: VSR) announced today that its joint venture with Johnson Controls Federal Systems has been awarded a $2.5 million Sustainment, Restoration & Modernization (SR&M) Acquisition Task Order Contract (SATOC) with the Air Force Civil Engineer Center (AFCEC). Under this contract, awardees will provide construction services at Mountain Home Air Force Base (AFB) in Idaho. The contract is a single award and is expected to be completed by April 2016. Tony Otten, CEO of Versar, Inc., said "We are excited to work with our joint venture partner, Johnson Controls Federal Systems, on this opportunity to provide continued support to AFCEC. We are confident in our team's ability to deliver the high quality construction services that this contract requires." VERSAR, INC., headquartered in Springfield, Virginia, is a publicly-traded global project management company providing sustainable value-oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and professional services markets. VERSAR operates the following websites: www.versar.com and www.versarpps.com.
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