VSE Corporation Announces Strategic Repositioning of Business and Sale of Federal and Defense Segment to Bernhard Capital Partners

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May 01, 2023

VSE Corporation (NASDAQ: VSEC; “VSE”, or the “Company”), a leading provider of aftermarket distribution and maintenance, repair and overhaul (“MRO”) services for air, land and sea transportation assets for commercial and government markets, announced today that the Company has entered into a definitive agreement to sell its Federal and Defense segment (“FDS”) to Bernhard Capital Partners (“BCP”) for up to $100 million in total cash consideration.