VSE Corporation
We are a diversified products and services aftermarket company providing repair services, distribution, logistics, supply chain management support and
consulting services for land, sea and air transportation assets in the public and private sectors. We serve the United States Government, including the United States Department of Defense, federal civilian agencies, as well as commercial and other
customers. Our operations include parts supply and distribution, and maintenance, repair, and overhaul services for ground transport and aviation component and accessories; vehicle and equipment refurbishment; logistics; engineering; information
technology and health care information technology solutions; and energy and management consulting services.
We were incorporated in Delaware in 1959 and
the parent company serves as a centralized managing and consolidating entity for our three operating segments, each of which consists of one or more wholly owned subsidiaries or unincorporated divisions that perform our services. Our operating
segments include the Aviation Segment, Fleet Segment, and Federal and Defense Segment.
Corporate
Information
Our principal executive offices are located at 6348 Walker Lane, Alexandria, Virginia 22310. Our telephone number is (703) 960-4600. Our website is http://www.vsecorp.com. The information contained on or accessible through our website is not part of this prospectus, other than the documents that we file with the SEC that
are specifically incorporated by reference into this prospectus.
Risk Factors
Investing in our common stock involves risk. Prior to making a decision about investing in our common stock, you should carefully consider the specific
factors discussed under the heading Risk Factors in our most recent annual report on Form 10-K, which is incorporated herein by reference and may be amended, supplemented or superseded from time to
time by our quarterly reports on Form 10-Q and other reports we file with the SEC in the future. The risk and uncertainties we have described are not the only risks to which we are exposed. Additional
risks and uncertainties not presently known to us or that we currently deem immaterial may also affect our operations. If any of these risks actually occurs, our business, results of operations and financial condition could suffer. In that
case, the trading price of our common stock could decline, and you could lose all or a part of your investment.
Disclosure Regarding Forward-Looking Statements
This prospectus, including the documents incorporated by reference, contains, and any prospectus
supplement may contain, statements that, to the extent they are not recitations of historical fact, constitute forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the
Securities Act), and Section 21E of the Exchange Act. All such statements are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and
includes this statement for purposes of such safe harbor provisions.
Forward-looking statements, as such term is defined by the SEC in its
rules, regulations and releases, represent our expectations or beliefs, including, but not limited to, statements concerning our operations, economic performance, financial condition, growth and acquisition strategies, investments and future
operational plans. Without limiting the generality of the foregoing, words such as may, will, expect, believe, anticipate, intend, forecast, seek,
plan, predict, project, could, estimate, might, continue, seeking or the negative or other variations thereof or comparable terminology are intended to
identify forward-looking statements.
These statements speak only as of the date of this prospectus, the date of the prospectus supplement or the date of
the document incorporated by reference, as applicable, and we undertake no ongoing obligation, other than that imposed by law, to update these statements. These statements appear in a number of places in this prospectus, including the documents
incorporated by reference, and relate to, among other things, our intent, belief or current expectations with respect to: our future financial condition, results of operations or prospects; our business and growth strategies; and our financing plans
and forecasts. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may differ materially from those contained in or implied by
the forward-looking statements as a result of various factors, some of which are unknown, including, without limitation:
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delays in contract awards and funding due to uncertain government budgets and shifting government priorities;
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intense competition from existing and new competitors; |
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our ability to renew and/or maintain certain programs that comprise a material portion of our revenue;
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