SPRINGFIELD, Va., Feb. 11, 2016 /PRNewswire/ -- Versar, Inc.
(NYSE MKT: VSR) announced today that it was awarded a $2.4 million firm fixed price contract for
construction and engineering activities supporting the Sustainment,
Restoration, and Modernization Acquisition Task Order Contract
(SATOC) IDIQ with the Air Force Installation Contracting Agency
(AFICA), held with joint venture partner, Johnson Controls Federal
Systems.
The AFICA SATOC IDIQ primarily serves the United States Air
Force Civil Engineering Center (AFCEC) customers, providing a fast
track, efficient method for design and execution of all types of
facility repairs, renovations and construction.
Tony Otten, CEO of Versar said,
"This award is a validation of the team we have formed with our
joint venture partner Johnson Controls Federal Systems. We
welcome this additional opportunity to work with AFICA and AFCEC
and are confident that our team's unique capabilities can continue
to support this critical sustainment, restoration, and
modernization program."
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.
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Contact:
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Karin
Weber
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John Nesbett or
Jennifer Belodeau
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M&A, Investor
Relations Manager
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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)
642-6706
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jnesbett@institutionalms.com
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kweber@versar.com
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SOURCE Versar, Inc.