SPRINGFIELD, Va., April 23, 2015 /PRNewswire/ -- Versar, Inc.
(NYSE MKT: VSR) announced today that its joint venture with Johnson
Controls Federal Systems has been awarded a $7 million Sustainment, Restoration &
Modernization (SR&M) Acquisition Task Order Contract (SATOC)
with the Air Force Civil Engineer Center (AFCEC). The contract will
provide design-build services for repairs of the Blue Brick
Buildings at Kuwait Naval Base
(KNB), Kuwait. The contract is a
single award and is expected to be completed by July 2017.
Tony Otten, CEO of Versar, Inc.
said, "We are excited to work with our joint venture partner
Johnson Controls Federal Systems on this additional opportunity to
provide continued support to AFCEC. This is the second
significant SATOC contract we've been awarded in Kuwait within the last few months and we are
confident in our team's ability to deliver the high quality service
this contract requires."
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 corporate web sites, www.versar.com,
and www.versarpps.com, and www.jmwaller.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 27, 2014, 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:
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David Gray
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John Nesbett or
Jennifer Belodeau
|
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Director of Financial
Reporting
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Institutional
Marketing Services (IMS)
|
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Versar,
Inc
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(203)
972-9200
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(703)
642-6888
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jnesbett@institutionalms.com
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dgray@versar.com
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SOURCE Versar, Inc.