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Versar, Inc. Announced New Multi-Year Operations and Maintenance Contract Award by the U.S. Army Corps of Engineers for Work in Afghanistan

  • March 23rd, 2017

Springfield, VA / CRWE PRESS RELEASE / March 23, 2017 - Versar, Inc. (NYSE MKT: VSR) today announced that the United States Army Corps of Engineers, Transatlantic Afghanistan District (USACE-TAA), has awarded a new contract to Versar for up to four years valued at over $2.3 million. Versar will provide Operations, Maintenance, and Support Services at USACE-TAA facilities throughout Afghanistan.

Tony Otten, Chief Executive Officer of Versar, said, "Our skilled workforce of Service Managers, Electricians, Plumbers, and Custodians are deployed across Afghanistan and began supporting this contract on March 1, 2017. This is a solid addition to Versar's portfolio of engineering and project management services currently provided in Afghanistan."

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, and professional services market areas.

VERSAR operates the following websites: www.versar.com and www.versarpps.com.

Find out more about VERSAR at:

Twitter: https://twitter.com/VersarInc
Facebook: https://www.facebook.com/VersarInc
LinkedIn: http://www.linkedin.com/company/38251

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.


Karin Weber
M&A, Investor Relations Manager
Versar, Inc.
(703) 642-6706

Robert Ferri
Robert Ferri Partners
(415) 575-1589

Source: Versar, Inc.

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