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HISTORY

 
PHOTO: VSE buildingSince 1959, VSE has continually expanded its capabilities to meet the needs of its clients. Today, VSE is an ISO 9001:2000-registered professional services company whose mission is to create, sustain, and improve the systems, products, and processes of government to meet today’s challenges and prepare for tomorrow’s. While VSE’s core competencies continue to evolve, our guiding principles are unchanged – delivering quality products and services that meet the needs, expectations, and requirements of our customers, on time, and at a fair price.

Highlights of VSE’s History

2012 The U.S. Chamber of Commerce and its National Chamber Foundation awarded VSE the 2nd Annual Hiring Our Heroes Don Weber Award for Excellence in Wounded Warrior, Spouse, and Caregiver Employment. This award recognizes the proven dedication of VSE Corporation in addressing the unique challenges and demands for wounded warriors, spouses, and caregivers in their search for meaningful employment.
2011

Wheeler Bros., Inc. was acquired by VSE in June. Wheeler Bros. is a supply chain management company that supplies vehicle parts to the U.S. Postal Service (USPS) and the Department of Defense. VSE Corporation was named #2 Top Job Offer Companies in America, Forbes; and for the #1 Manufacturing Deal of the Year by the Global Merger and Acquisition Network.

2010

Akimeka, LLC was acquired by VSE in August; Association for Corporate Growth (Capital Region) named VSE Outstanding Growth Company (over $500 million); "Supplier of Year" awarded by Letterkenny Army Depot; Forbes named VSE 27th Best Small Business in America; VSE awarded Rapid Response-Third Generation (R2-3G) contract.

2009

VSE celebrated its 50th Anniversary. VSE added to NASDAQ, SPADE Defense Index; named Washington Post #1 Top Climber; establishes mentorship program with Penobscot Indian Nation Enterprises; Increased quarterly dividend for 5th consecutive year; opened a new 900,000-sq ft. Route Clearing Vehicle (RCV) refurbishment complex in Kuwait. VSE Awarded Worldwide GSA Schedule Logistics (LOGWORLD) Contract; ranked 2nd-fastest-growing company in Washington DC Metropolitan area by Washington Technology; ranked #1 Government Contractor (Small) by Government Executive magazine; VSE obtains $1 billion in revenues.

2008 G&B Solutions, Inc. was acquired by VSE in April. G&B is a diversified information technology company serving the US government market and a recognized leader in the federal information technology sector. Government Executive magazine #1 DoD Contractor (small); Washington Post #2 Climber; and Business Week’s 6th hottest company in America. VSE reaches $1 billion in revenues.
2007 Integrated Concepts and Research Corporation (ICRC) was acquired by VSE Corporation. ICRC is a technical and management services company principally serving the U.S. Government market. Army R2 contract bookings exceed $1 billion. Forbes magazine names VSE 4th Best Small Business in U.S.
2006 VSE continued to outperform with annual revenues exceeding $363 million.
2005 VSE experienced a record year in annual revenues exceeding $280 million.
2004 VSE posts record revenues of $216 million. VSE wins two new IDIQ contracts with potential values exceeding $1 billion, the US Navy SeaPort Enhanced contract and a US Navy Ship Support contract.
2003 VSE wins its first multi-billion dollar IDIQ contract vehicle, the Army CECOM Rapid Response Program. VSE consolidates Telecommunications Technologies into its Federal Group.
2002 VSE’s quality management system is registered to ISO 9001:2000 standard, becoming one of the first 6% of the U.S. companies previously registered to ISO 9000 to be upgraded to the 2000 standard.
2001 VSE establishes Management Sciences Division to provide Lean Six Sigma quality systems training and consulting services. VSE reorganizes into four operating groups: Federal, International, Telecommunications Technologies, and Energy and Environment
2000 VSE establishes division to provide multimedia and audio-visual technology, network management, and IT facilities installation and maintenance services.
1999 VSE’s quality management system is registered to ISO 9001.
1995 VSE wins first $1 billion contract, a 10-year foreign military sales contract to support US Navy ship reactivation and transfer programs. VSE also acquires Energetics Inc., a highly respected Department of Energy support contractor.
1993 VSE establishes new division to provide engineering and technical logistics support to the Naval aviation and weapons communities.
1992 VSE reorganizes and spins off non-engineering subsidiaries.
1990 VSE acquired Schmoldt Engineering Services Company, an Oklahoma firm specializing in corrosion control and protection systems. VSE also founded Human Resource Systems, Inc. ( HRSI).
1988 VSE expands vehicle support services to U.S. Army with a FAASV Systems Technical Support contract at TACOM.
1987 VSE initiated vehicle design support for U.S. Marine Corps.
1985 VSE opened its Reverse Engineering Center and received its first major Air Force contract for Test Range Support.
1984 VSE celebrates its 25th anniversary. During this year, VSE employs more than 1,500 people in 22 facilities nationwide. Highlights of 1984 included certification as a Navy Master Ordnance Repair (MOR) contractor and receipt of major follow-on contracts with the Navy and National Cancer Institute.
1983 VSE completes a secondary public offering underwritten by Advest, Inc., and Wachtel & Co., Inc.
1979 Stockholders vote to change the company name from Value Engineering Company to VSE Corporation to reflect the expanded range and depth of corporate capabilities. The decade ended with revenues exceeding $38 million
1978 VSE wins its first $1 million contract to support U.S. Navy shipboard equipment configuration audit services
1973 VSE enters into marine engineering business, supporting U.S. Navy ship overhaul and modernization programs
1968 VSE completes its first significant public stock offering and consolidates offices at 2550 Huntington Avenue, Alexandria, Virginia. Revenues for the year exceed $5 million and the employee count tops 350.
1967 VSE acquires its first fabrication shop, first testing and inspection facility, and first computer, an IBM 1130.
1965 VSE opens its first field office in Hampton, Virginia, to design force measurement devices supporting NASA.
1963 VSE obtains its first production engineering support contract with the U.S. Army at Fort Belvoir.
1961 VSE establishes the first commercial laboratory in the Washington, DC area to provide materials and metallurgical investigations.
1960 VSE begins performing its first contract, providing the U.S. Navy with competitive bidding packages for missile rocket motors.
1959 VSE is established in Virginia, as “Value Engineering Company,” with three employees.

 

 
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