Vse Corp Stock Price, News & Analysis

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.

VSE (NASDAQ: VSEC) reported strong fourth quarter 2024 results with total revenues of $299.0 million, up 27% year-over-year. The company's Aviation segment achieved record performance with revenue increasing 48% to $227.4 million.

Q4 2024 highlights include GAAP Net Income of $15.5 million (+21%), Adjusted EBITDA of $39.5 million (+26%), and Adjusted EPS of $0.90 (+6%). For full-year 2024, total revenues reached $1,080.1 million (+26%), though GAAP Net Income decreased 15% to $36.5 million.

Strategic developments include the planned sale of Fleet segment to One Equity Partners for up to $230 million, acquisitions of Kellstrom Aerospace and Turbine Controls, and completion of Federal and Defense Services segment divestiture. The company provided 2025 guidance for Aviation segment, projecting 35-40% revenue growth with Adjusted EBITDA margin between 15.5-16.5%.

VSE (NASDAQ: VSEC) announced key executive leadership changes to support its transformation into a pure-play aviation aftermarket parts and services provider following its Fleet segment divestiture. Ben Thomas, previously President of VSE Aviation, has been promoted to Chief Operating Officer, where he will lead all revenue channels including Distribution, MRO, and OEM Solutions.

Krista Stafford has been elevated to Chief Human Resources and Administrative Officer, expanding her role to oversee business integration and enterprise-wide administrative services. The company also announced that Tobi Lebowitz will join as the new Chief Legal Officer on March 31, 2025, replacing Farinaz Tehrani who is departing after nearly four years.

These appointments, along with Adam Cohn (CFO) and Garry Snow (Chief Growth Officer), complete VSE's executive team restructuring, aimed at creating a streamlined 'One-VSE' approach to enhance operational excellence and drive strategic execution.

One Equity Partners (OEP) has agreed to acquire Wheeler Fleet Solutions from VSE (NASDAQ: VSEC). Wheeler, founded in 1960 and headquartered in Somerset, Pa., is a leading aftermarket parts distributor and engineering solutions provider for the medium and heavy-duty fleet market.

The company employs approximately 385 people across three primary distribution centers in Pennsylvania, Mississippi, and Texas. Wheeler combines customer service, parts expertise, proprietary IT solutions, and a complete line of medium and heavy-duty replacement parts.

This acquisition represents OEP's strategy to identify valuable industrial service assets from large corporations seeking to streamline operations. The deal marks VSE 's completion of its strategic portfolio transformation. Chris Wheeler will continue as President of Wheeler Fleet Solutions under OEP's ownership.

VSE (NASDAQ: VSEC) has announced a definitive agreement to sell its Fleet business segment, Wheeler Fleet Solutions, to One Equity Partners (OEP) for up to $230 million. The total consideration comprises a $140 million cash payment at closing, a $25 million seller note, and up to $65 million in contingent earnout consideration.

This divestiture marks the final step in VSE's strategic portfolio transformation, positioning the company as a pure-play aviation aftermarket parts and services provider. Wheeler Fleet Solutions, which serves the medium and heavy-duty fleet market, has successfully diversified its customer base and expanded product offerings while maintaining service to the United States Postal Service.

The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions. The sale aims to simplify VSE's business model and strengthen its position in the global commercial, business, and general aviation aftermarkets.

VSE (NASDAQ: VSEC) has scheduled its fourth quarter and full year 2024 financial results announcement for Wednesday, February 26, 2025, after market close. The company will host a conference call on Thursday, February 27, 2025, at 8:30 A.M ET to discuss the results and conduct a Q&A session.

A webcast of the conference call and presentation materials will be available on VSE's investor relations website. The live teleconference can be accessed via domestic line (844) 826-3035 or international line (412) 317-5195. A replay will be available through March 13, 2025, accessible via domestic line (844) 512-2921 or international line (412) 317-6671 with PIN 10195719.

VSE (NASDAQ: VSEC) announced its participation in two major investor conferences in February 2025. The company will attend the TD Cowen 46th Annual Aerospace & Defense Conference in Arlington, VA, on February 12th, where CEO John Cuomo will present at 2:50 PM ET. Additionally, VSE will participate in Citi's 2025 Global Industrial Tech and Mobility Conference in Miami, FL, on February 19th, featuring a fireside chat at 1:50 PM ET with CEO John Cuomo, CFO Adam Cohn, and VP of Investor Relations Michael Perlman.

Both events will include one-on-one investor meetings, and live broadcasts will be available on VSE's investor relations website.