Versar, Inc. Awarded $7.1 Million Task Order For Work At Joint Base Andrews

17 Nov, 2015, 08:30 ET from Versar, Inc.

SPRINGFIELD, Va., Nov. 17, 2015 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that it was awarded $7.1 million in a new task order from the U.S. Army Corps of Engineers (USACE), Engineering and Support Center Huntsville (CEHNC).  This is the first task order received under the Multiple Award Task Order Contract (MATOC) for Facility Repair and Renewal Program (FRR) design/build contract. This new task order is to repair and upgrade fire suppression systems in Hangers 9, 10, and 11 at Joint Base Andrews in Maryland.

Tony Otten, CEO of Versar said, "This MATOC contract gives us the ability to demonstrate Versar's unique capabilities in support of this critical facility repair and renewal program, using responsive, high quality, design-build solutions. We are pleased to continue our extremely successful relationship with the CEHNC and USACE." 

VERSAR, INC., headquartered in Springfield, Virginia, is a publicly-traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and professional services market areas.

VERSAR operates the following websites: www.versar.com and www.versarpps.com.

This news 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 fiscal year ended June 26, 2015, 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.

 

Contact:

Cynthia Downes

John Nesbett or Jennifer Belodeau


Chief Financial Officer

Institutional Marketing Services (IMS)


Versar, Inc.

(203) 972-9200


(703) 642-6888

jnesbett@institutionalms.com


cdownes@versar.com


 

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SOURCE Versar, Inc.



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