VSE Gets Follow-on in Egypt

VSE (NASDAQ GS:VSEC) will continue work being conducted in Alexandria, Egypt, with a $35.8M In-Country Technical Assist award to provide Management, Engineering, Technical, Training and Logistics support for the Egyptian Navy FMS programs and ex-United States Navy transferred ships either in port or at sea, as necessary to support ship operations, training and maintenance.

Additionally, the contract provides continuing funding to support an Industrial Training School, a Damage Control and Fire Fighting School, and provides continuing support to assist the Egyptian Navy in improving their shipyard infrastructure.

“We are excited to continue our productive working relationship with the Egyptian Navy that has allowed for successful training and implementation of various functions and services essential to effective fleet development and sustainment, ” said Mike Hamerly, president of International Group.

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