SPRINGFIELD, Va., Dec. 3, 2015 /PRNewswire/ -- Versar, Inc.
(NYSE MKT: VSR) announced today that the joint venture between
Geo-Marine/AECOM was awarded a $2.1
million task order under its Naval Facilities Engineering
Command (NAVFAC) Natural Resources multiple award IDIQ contract to
develop predictive models to understand the dynamics of and define
the source of the sediment/material transportation near and
adjacent to Naval Submarine Base Kings
Bay, GA. This will include the development mitigation
alternatives that will reduce the frequency of sediment
accumulation.
Tony Otten, CEO of Versar, said,
"This award is a great win for the JV partnership with AECOM. We
welcome this additional opportunity to work with NAVFAC and are
confident in our team's ability to provide high quality
environmental services to match the requirements of this task
order."
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:
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Karin
Weber
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John Nesbett or
Jennifer Belodeau
|
|
Investor Relations
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Institutional
Marketing Services (IMS)
|
|
Versar,
Inc.
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(203)
972-9200
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(703)
642-6706
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jnesbett@institutionalms.com
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kweber@versar.com
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SOURCE Versar, Inc.