VSE Wins $11.8 Million U.S. Marines Contract
Oct 21st 2013 11:16PM
Updated Oct 21st 2013 11:18PM
Government contractor VSE announced today that it won two firm fixed-price indefinite delivery/indefinite quantity contracts worth a combined $11.8 million to refurbish 170 40-ton payload, three-axle medium heavy equipment transporters semitrailers and 230 5,000-gallon fuel-dispensing semitrailers for the U.S. Marine Corps.
VSE will restore the semitrailers to a serviceable and issuable condition in appearance, performance, and life expectancy, work that will be performed in multiple locations across the country.
"We are proud to support the USMC in the rebuild of these semitrailers," VSE Federal Group President Donnelle Moten said. "We will apply the expertise, experience, level of detailed knowledge, and resources needed to restore these semitrailers to the best possible condition. VSE's goal for this effort is to ensure that our nation's first line of defense is battle-ready and fully equipped."
Both contracts have a period of performance that includes a one-year base and four one-year options
The article VSE Wins $11.8 Million U.S. Marines Contract originally appeared on Fool.com.Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.