Versar Awarded $2.1 Million In New Air Force Task Orders
Versar, Inc. (NYSE Amex: VSR) announced its U.S. Engineering and Construction Group was awarded two new Air Force task order contracts for construction and renovation work at Westover Air Reserve Base in Massachusetts. The $2.1 million awards were issued under the Versar/Johnson Controls SATOC ID/IQ contract with the Air Force Civil Engineer Support Agency (AFCESA) for sustainment, restoration, and modernization and will be completed in the next 15 months. The scope of work includes the design and construction of airfield sequence flashing lights and Visiting Officers Quarters parking.
Jeff Wagonhurst, President of Versar said, “AFCESA is one of our valued Department of Defense clients. Westover, the nation’s largest Air Reserve Base, is a new base for Versar and we look forward to providing high quality construction and project management to Team Westover in support of their global strategic mission.”
VERSAR, INC., headquartered in Springfield, VA, is a publicly held global project management company providing sustainable solutions to government and commercial clients in construction management, environmental services, munitions response, telecommunications and energy. VERSAR operates a number of web sites, including the corporate Web sites www.versar.com, www.homelanddefense.com, www.geomet.com; www.viap.com; www.dtaps.com; www.adventenv.com, and www.ppsgb.com.
This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 25, 2010, as updated from time to time in the Company’s periodic filings. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.
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