SPRINGFIELD, Va., June 23, 2015 /PRNewswire/ --Versar, Inc. (NYSE
MKT: VSR) announced today that its wholly-owned subsidiary, J.M.
Waller Associates, Inc., was awarded a new contract from the
General Services Administration (GSA) to provide onsite
professional engineering and program management advice, assistance
and support for civil engineering activities related to various
services performed at the Air National Guard Readiness Center,
National Guard Bureau NGB/A7CP, at Andrews AFB, Maryland.
The firm fixed price contract is a single award with a maximum
four-year period of performance consisting of a one base year and
three option years. The maximum contract capacity is $2.8 million and the fully funded amount of the
base year is approximately $700
thousand.
Tony Otten, CEO of Versar said,
"We welcome this opportunity to work with the National Guard, and
are confident that we have the experience and capabilities to
successfully meet the contract requirements. In the year
since we acquired J.M. Waller, their
added expertise has allowed us to expand the scope of projects we
are qualified to win."
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 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.
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SOURCE Versar, Inc.