VSEC

[BigSully1]

--------------------------------------------------------------------------------

VSE Corp.
2550 Huntington Avenue
Alexandria, VA 22303-1499
United States - Map
Phone: 703-960-4600
Fax: 703-960-2688
Web Site: http://www.vsecorp.com

DETAILS   
Index Membership: N/A
Sector: Services
Industry: Technical Services
Full Time Employees: 857


BUSINESS SUMMARY   
VSE Corporation provides various engineering, logistics, management, and technical services on a contract basis. Its Federal Group consists of four divisions: Communications and Engineering Division (CED), Engineering and Logistics Division (ELD), Management Sciences Division (MSD), and Systems Engineering Division (SED). CED supports the Army's Communications and Electronics Command in the management and execution of the Rapid Response program. ELD provides lifecycle engineering, logistics, maintenance, and refurbishment services to extend and enhance the life of existing equipment. MSD provides training, consulting, and implementation support in the areas of Enterprise Excellence, Lean Six Sigma, process and product optimization, project management, leadership quality engineering, Integrated Product and Process Development, and reliability engineering. SED provides systems and software engineering, logistics, and prototyping services; obsolescence management, service life extension, and technology insertion programs; and technical documentation and data packages. The company's International Group consists of three divisions: BAV Division (BAV), Fleet Maintenance Division (FMD), and Coast Guard Division (VCG). BAV provides assistance to the U.S. Navy in executing its Foreign Military Sales (FMS) program for surface ships sold, leased, or granted to foreign countries by providing program management, engineering, technical support, and logistics services for ship reactivations and transfers, as well as follow-on support. FMD provides global field engineering, logistics, maintenance, and information technology services to the U.S. Navy and Air Force. VCG provides the U.S. Coast Guard with FMS support and lifecycle support for vessels transferred to foreign governments. Energy and Environmental Group provides consulting services in the field of energy and environmental management. VSE Corporation was founded in 1959 and is based in Alexandria, Virginia.
--------------------------------------------------------------------------------------

They had an outstanding 07 with an 80% increase in revenue and an 81% increase in net income (the quarter over quarter comparison was even better). They have no debt, a 10 PE, and a ROE of 30%. This is a micro cap company (144M) that is not being covered by any analyst. At a growth rate of 15 to 20%, the stock could easily be valued at $60/share, IMO.
-----------------------------------------------------------------------------------------------

[BigSully1]

updating chart