VSE Corporation Awarded $91.1M in FMS Delivery Orders in Q1 2017

April 13, 2017 – Corporation was awarded several delivery orders during the first quarter of 2017 totaling approximately $91.1 million issued under our Foreign Military Sales (FMS) support contract by the Naval Sea Systems Command (NAVSEA) International Fleet Support Program Office. The recent awards include:

“Our NAVSEA FMS support team continues to provide exceptional service to our allied navies and we look forward to fulfilling our clients’ diverse requirements.”

  • Egyptian Navy In-Country Technical Assistance and Support
    We will provide in-country Follow-On Technical Support (FOTS) for the OSPREY Class Mine Hunter Coastal (MHC) Vessels, including modernization, technical, logistics, training, facilities, and administrative support to NAVSEA PMS 326 and the Egyptian Navy’s MHC vessels under two delivery orders. These delivery orders have a period of performance of 16 months and 24 months, respectively, and total combined funded value of $36.8 million.
  • Egyptian Navy SMART-S 3D Medium to Long Range Surveillance Radar System
    We will provide procurement, integration, installation and Harbor Acceptance Testing (HAT) of a SMART-S Radar system onboard an Egyptian Perry Class FFG. This delivery order has a period of performance of 14 months and a total funded value of $21.8 million.
  • Additional NAVSEA FMS Awards
    We were awarded several other delivery orders during the first quarter of 2017 to provide support under our NAVSEA FMS contract with periods of performance ranging between four and 14 months and a combined funded value of approximately $32.5 million.

“We have started the year with strong bookings in support of our NAVSEA FMS program,” said Maurice “Mo” Gauthier, VSE CEO. “Our NAVSEA FMS support team continues to provide exceptional service to our allied navies and we look forward to fulfilling our clients’ diverse requirements.”