Every 8-K that VSE Corporation Tangible Equity Units (VSECU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VSECU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VSECU filings page.
VSE Corporation’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on October 29, 2026 to stockholders of record at the close of business on October 15, 2026. The Board approved this dividend on August 4, 2026 and the company announced it on August 6, 2026.
VSE, headquartered in Miramar, Florida, provides aviation aftermarket distribution and maintenance, repair, and overhaul services for commercial and business and general aviation customers.
VSE Corporation reported a very strong second quarter 2026, driven by large aviation aftermarket acquisitions and solid organic growth. Revenue from continuing operations rose to $449.1 million, up 65.0% year over year, with organic revenue growth of approximately 14%. GAAP net income from continuing operations was $28.5 million, up 109.1%, and diluted EPS reached $0.91, up 37.9%.
Adjusted EBITDA from continuing operations increased 98.0% to a record $86.0 million, with Adjusted EBITDA margin improving to 19.2%, up about 320 basis points. The company completed its largest-ever deal, acquiring Precision Aviation Group for about $2.025 billion, and also closed the NorthStar acquisition, significantly expanding scale and capabilities. VSE generated second-quarter operating cash flow of $27.6 million and free cash flow of $18.7 million. Net debt stood at $871.6 million with an Adjusted net leverage ratio of about 2.4x. Based on first-half performance and integration progress, VSE raised full-year 2026 guidance to revenue growth of 61%–64% and Adjusted EBITDA margin of 18.7%–19.0%.
VSE Corporation reported results from its 2026 annual stockholder meeting and a new dividend. Stockholders representing 26,211,532 shares, or 93.42% of the 28,055,393 shares entitled to vote as of March 10, 2026, were present in person or by proxy.
All eight director nominees were elected, Grant Thornton LLP was ratified as independent auditor for the year ending December 31, 2026, and a non-binding advisory vote approved the Company’s executive compensation. Stockholders also approved an amendment to the Certificate of Incorporation authorizing the issuance of blank check preferred stock.
The Board of Directors declared a regular quarterly cash dividend of $0.10 per share of common stock, payable on July 29, 2026 to stockholders of record at the close of business on July 15, 2026.
VSE Corporation completed its acquisition of Precision Aviation Group (PAG) for $2.025 billion, combining $1.75 billion in cash with approximately $275 million of equity and up to $125 million in contingent earnout payments tied to 2026 profitability.
The deal is funded partly by a new $900 million Term Loan B and an upsized $500 million revolving credit facility. PAG generated $595.6 million of revenue and $16.6 million of net income in 2025, and VSE expects the transaction to increase its revenue by about 50% on a 2025 pro forma basis and be immediately accretive to Adjusted EBITDA margins.
VSE Corporation reported record first quarter 2026 results, led by strong aviation aftermarket growth and major acquisitions. Revenue rose to $324.6 million, up 26.8% from 2025, while GAAP net income from continuing operations increased to $29.1 million, up 108.0%. Diluted EPS from continuing operations was $1.04, with Adjusted EPS of $1.17. Adjusted EBITDA grew 37.4% to $55.4 million, lifting Adjusted EBITDA margin to 17.1%.
VSE closed two strategic deals: the acquisition of NorthStar Technologies on April 1, 2026 and the acquisition of Precision Aviation Group for $2.025 billion in cash and equity on May 5, 2026, significantly expanding engine services, repair capabilities, and global footprint. To support PAG, the company completed follow-on equity and tangible equity unit offerings and put in place a new $900 million Term Loan B and an upsized $500 million revolver.
As of March 31, 2026, VSE held $1.239 billion in cash and cash equivalents and total debt of $366.3 million, resulting in negative net debt. Free cash flow was $(68.7) million for the quarter, reflecting working capital and investment needs. The company raised its full year 2026 revenue growth outlook to a range of 57% to 61% and now expects full year Adjusted EBITDA margin between 18.1% and 18.5%, both primarily due to including PAG while keeping expectations for the underlying business unchanged.