Vse Corp Stock Price, News & Analysis

VSE Corporation (NASDAQ: VSEC), a provider of aviation aftermarket distribution and repair services, has announced a quarterly cash dividend. The company will pay $0.10 per share to shareholders of record as of July 16, 2025. The dividend payment is scheduled for July 30, 2025.

VSE Corporation (NASDAQ: VSEC) reported strong Q1 2025 financial results, with revenue reaching $256.0 million, up 57.7% year-over-year. The company achieved GAAP Net Income of $14.0 million (152% increase) and Adjusted EBITDA of $40.4 million (60% increase). VSE completed its transformation into a pure-play aviation aftermarket provider by divesting its Fleet segment to One Equity Partners for up to $230 million. The company acquired Turbine Weld for approximately $50 million, signed a 5-year service agreement with Eaton, and completed refinancing with a new $300M Term Loan A and $400M revolving credit facility. VSE reaffirmed its 2025 guidance, expecting 35-40% revenue growth and Aviation segment Adjusted EBITDA margin of 16-17%. The company's pro forma adjusted net leverage ratio stands at 2.2x following the Fleet segment sale.

VSE Corporation (NASDAQ: VSEC) has successfully completed a refinancing of its debt facilities, securing a new $300 million Term Loan A and a $400 million revolving credit facility, both maturing on May 2, 2030. The new facilities replace previous debt arrangements that were due to mature in October 2026.

The refinancing offers significant advantages, including a reduced interest rate of SOFR plus 175 basis points, representing a 60 basis point reduction from previous terms. Citizens Bank, N.A. led the syndicate of nine banks as the administrative agent and lead-left bookrunner.

VSE Corporation (NASDAQ: VSEC) has acquired Turbine Weld Industries for $50 million in cash. Turbine Weld is a specialized MRO service provider focusing on complex engine components for business and general aviation platforms. Founded in 1986, the company specializes in hot section components for Pratt & Whitney Canada engines, including PW100, PT6, and JT15D series, with approximately 25,000 engines in service.

Operating from Venice, Florida with a team of ~60 employees, Turbine Weld has repaired over 80,000 components and serves as the sole-source provider for many flight-critical repairs. VSE plans to invest in Turbine Weld's operational capacity to address increasing demand and accelerate growth opportunities. The acquisition was funded using VSE's existing credit facility.

VSE Corporation (NASDAQ: VSEC), a leading aviation aftermarket distribution and repair services provider, has announced its participation in four major investor conferences in May 2025.

The conference schedule includes:

• Truist Securities Industrial & Services Conference in Philadelphia (May 8)
• B. Riley Securities Investor Conference in Marina del Rey (May 21)
• Wolfe Research Global Transportation & Industrials Conference in New York (May 22)
• KeyBanc Industrials & Basic Materials Conference in Boston (May 28)

Key executives attending include John Cuomo (President and CEO), Adam Cohn (CFO), and Michael Perlman (VP of Investor Relations and Treasury). The events will feature one-on-one investor meetings, with a fireside chat scheduled at the B. Riley conference.

Comvest Credit Partners has provided senior secured credit financing to support Wheeler Fleet Solutions' acquisition by One Equity Partners from VSE Corporation (NASDAQ: VSEC). This strategic transaction positions Wheeler, a leading aftermarket truck parts distributor, for continued growth in the middle-market industrial sector.

Key highlights of the deal:

• Wheeler, founded in 1960, specializes in replacement parts and engineering solutions for medium and heavy-duty fleet markets
• The company operates distribution centers across three states: Pennsylvania, Mississippi, and Texas
• Services include inventory management, e-commerce fulfillment, logistics, and supply chain support

Comvest Credit Partners serves as the Administrative Agent and sole lender for the transaction. The deal showcases Wheeler's strong market position in the industrial sector, characterized by recurring customer demand for parts and services. One Equity Partners highlighted Comvest's swift due diligence process as a key factor in successfully closing the acquisition.

VSE (NASDAQ: VSEC), a leading provider of Aviation aftermarket distribution and repair services, has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results after market close on Tuesday, May 6, 2025.

The earnings conference call is set for Wednesday, May 7, 2025, at 8:30 A.M. ET, featuring a results review, event discussions, and a Q&A session. Investors can access the webcast and presentation materials through VSE's Investor Relations website. The teleconference replay will be available through May 21, 2025.

VSE (NASDAQ: VSEC) has completed the sale of its Fleet business segment, Wheeler Fleet Solutions, to One Equity Partners (OEP) for up to $230 million in total consideration. The transaction marks VSE's strategic transformation into a pure-play aviation aftermarket parts and services provider.

The deal structure includes:

• $140 million cash payment at closing
• $25 million seller note
• Up to $65 million in additional contingent earnout consideration

VSE plans to utilize the initial cash proceeds to repay outstanding borrowings under its revolving loan facility. Jones Day and Jefferies, served as legal counsel and exclusive financial advisor, respectively, for the transaction.

VSE (NASDAQ: VSEC), an aftermarket distribution and repair services provider, has announced a quarterly cash dividend declaration. The company's Board of Directors approved a regular quarterly dividend of $0.10 per share of VSE common stock.

Shareholders of record as of the close of business on May 1, 2025, will receive the dividend payment on May 15, 2025.