Versar, Inc. Joint Venture Awarded $2.5 Million Contract To Provide Construction Services At Mountain Home AFB

SPRINGFIELD, Va., Sept. 17, 2015 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that its joint venture with Johnson Controls Federal Systems has been awarded a $2.5 million Sustainment, Restoration & Modernization (SR&M) Acquisition Task Order Contract (SATOC) with the Air Force Civil Engineer Center (AFCEC). Under this contract, awardees will provide construction services at Mountain Home Air Force Base (AFB) in Idaho. The contract is a single award and is expected to be completed by April 2016.

Tony Otten, CEO of Versar, Inc., said "We are excited to work with our joint venture partner, Johnson Controls Federal Systems, on this opportunity to provide continued support to AFCEC.  We are confident in our team's ability to deliver the high quality construction services that this contract requires."    

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, munitions response, and professional services markets.

VERSAR operates the following websites: www.versar.com and www.versarpps.com.

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 June 27, 2014, 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:	David Gray	John Nesbett or Jennifer Belodeau
	Director of Financial Reporting	Institutional Marketing Services (IMS)
	Versar, Inc.	[phone]
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SOURCE Versar, Inc.

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