SPRINGFIELD, VA / ACCESSWIRE / April 25, 2017 / Versar, Inc. (NYSE MKT: VSR) today announced the award of an option year as a sub-contractor to Jacobs Engineering Group in support of the West Desert Test Center (WDTC) located at Dugway Proving Ground, Utah. The option year runs from March 24, 2017 through March 23, 2018, and is valued at $1.3 million. There remains one additional option year under this 15 year contract.
Versar has been a sub-contractor to Jacobs for the entire duration of this contract, originally awarded in 2004. As a major test site for the U.S. Army Test and Evaluation Command, WDTC is responsible for the test and evaluation of chemical and biological (CB) defense systems, incendiary and smoke/obscuration munitions systems, and related operational concepts. Versar currently employs 11 scientists, micro biologists, and chemical specialists across the different divisions to support the DOD's designated Major Range and Test Facility Base for Chemical and Biological Testing and Training.
"Versar is proud to enter its 14th year as a trusted partner at this important chemical and biological test center of the U.S. Army," said Tony Otten, Versar's Chief Executive Officer. "It is gratifying to earn the trust of both the Army and Jacobs Engineering Group over this critical long-term engagement."
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 website: www.versar.com.
Find out more about VERSAR at
Twitter: https://twitter.com/VersarInc
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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 July 1, 2016, 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.
Contact:
Karin Weber
M&A, Investor Relations Manager
Versar, Inc.
(415) 575-1589
[email protected]
Robert Ferri
Robert Ferri Partners
(703) 642-6706
[email protected]
SOURCE: Versar, Inc.