Home / Tag Archives: Versar

Tag Archives: Versar

Versar Finalizes Johnson Controls Security Systems Buy

acquisition, merger

Versar (NYSE: VSR) has closed its purchase of the federal security systems integration business of Johnson Controls for $20 million in cash and contingent payments. The companies unveiled the deal last month and Versar said Thursday that Johnson Controls Security Systems changed its name to Versar Security Systems following the …

Read More »

Versar to Buy Johnson Controls’ Federal Security Systems Integration Business; Tony Otten Comments

acquisition, merger

Versar (NYSE: VSR), a project management company, has agreed to purchase a Johnson Controls subsidiary that works with federal customers to design, install and support physical and network security systems. Versar expects to wrap up the acquisition of Johnson Controls Security Systems by Sept. 30 in a transaction that includes $20 …

Read More »

Versar Secures Contract for Afghanistan Work

Versar (NYSE Amex: VSR) secured a $13.4 million task order to continue construction management and quality assurance operations in Afghanistan. According to the firm, “This task order will allow Versar to continue to provide engineering support, construction management and quality assurance operations in Afghanistan through September 2011 for the Air …

Read More »

Versar Schedules Call

Versar (NYSE Amex:VSR) scheduled a conference call for 2:00 p.m. EDT on May 17, to review the company’s operational performance and financial results for the third quarter of its fiscal year 2011. According to the firm, “Versar will release its third quarter 2011 Form 10-Q on May 16, and financial …

Read More »

Versar Books Iraq Work

Versar (NYSE Amex: VSR) secured a $1.5 million contract from the United States Forces-Iraq for Operations and Maintenance Training of Iraqi Ministry of Defense personnel. According to the firm, “this contract will train and certify over 300 Iraqi Engineers and Technicians to operate and maintain electrical generation, water and waste …

Read More »

Versar Inks Contract Modifications

Versar (NYSE Amex: VSR) won a pair of contract modifications from the Army Corps of Engineers for ongoing projects in Iraq and Afghanistan. The first extends the firm’s services in support work in Iraq by three months and $2.7 million. According to the firm, the second modification “added to the …

Read More »

Versar Sees Sunny Financial Picture in New Report

Versar, Inc. (NYSE Amex: VSR) released financial results for the second quarter of fiscal year 2011 ending Dec. 31, 2010. Here are the specifics according to the firm: “Gross revenue for the second quarter achieved a company record $41,908,000, a 72 percent increase from the $24,387,000 reported in the second …

Read More »

Versar CFO Larry Sinnott Resigns

Versar (NYSE Amex:VSR) CFO and Treasurer Lawrence W. Sinnott resigned to pursue other opportunities. As the firm searches for a new CFO, CEO Tony Otten will head Versar’s finances. According to the firm, “Versar will release its second quarter 2011 Form 10-Q on Feb. 14, 2011 and financial results before …

Read More »

Versar Schedules Financial Call

Versar (NYSE Amex: VSR) scheduled a conference call for 2:00 p.m. EST on Tuesday, Feb. 15, 2011 to report the firm’s operational performance and financial results for the second quarter of fiscal year 2011, ended Dec. 31, 2010. Here’s more from Versar: “Versar will release its second quarter 2011 Form …

Read More »

Versar Rolls Out Fiscal Stats

Versar (NYSE Amex: VSR) presented fiscal figures for the first quarter fiscal year 2011. The firm released the following statement: “Gross revenue for the first quarter was $29,296,000, a 19 percent increase from the $24,714,000 reported in the first quarter of fiscal year 2010. Net income for the first quarter …

Read More »