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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Shipbuilding & Related Services > VSE Corporation

VSE Corporation
Nasdaq: VSEC
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 PROFILE
VSE brings military hand-me-downs back in fashion. The company provides engineering, testing, and logistics services for the US Navy (about 70% of sales) and other government agencies. VSE's BAV Division (formed with management and technology consultant BoozAllen & Hamilton) reactivates old Navy ships and transfers them to foreign countries. Nearly all of VSE's revenues are derived from the US government (including the Navy, the Army, and other agencies) and its prime contractors. Other services offered by VSE include prototype development; logistics management; and feasibility, assessment, and development programs. Employees own about 27% of VSE.

 COMPETITION
Booz-Allen & Hamilton Inc. (dossier)
General Dynamics Corporation (GD)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 122.30
1-Yr. Sales Growth: (22.3)%
Employees: 600
Revenue per employee: $203,833.33

 KEY PEOPLE
• Donald M. Ervine
    CEO
• Craig S. Weber
    CFO

 CONTACT INFO
2550 Huntington Ave.
Alexandria, VA 22303
US
Phone: 703-960-4600
Fax: 703-960-2888
Online: Web Site

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