{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-05T00:07:34.537572+00:00","company":{"ticker":"VSEC","cik":102752,"company_name":"VSE CORP"},"pagination":{"limit":100,"returned":22,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"debt_financing","fact_key":"34a1f3d8d91304b570c72705aaca24cf2261f242","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-05-05","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"Term SOFR Rate plus 1.25%-2.25% or ABR plus 0.25%-1.25%","item_codes_triggered":["2.03"],"maturity_text":"May 2, 2030","principal_text":"$500.0 million"},"claim":"VSE CORP amended revolving credit of $500.0 million at Term SOFR Rate plus 1.25%-2.25% or ABR plus 0.25%-1.25% maturing May 2, 2030.","evidence_excerpt":"(ii) an upsize to the Company's existing senior secured revolving credit facility from $400.0 million to $500.0 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-34a1f3d8d91304b570c72705aaca24cf2261f242","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"debt_financing","fact_key":"68afc33e45260940dd6ae70145691ab173d66a8a","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-05-05","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"Term SOFR Rate plus 2.00% or ABR plus 1.00%","item_codes_triggered":["2.03"],"maturity_text":"May 5, 2033","principal_text":"$900.0 million"},"claim":"VSE CORP incurred term loan of $900.0 million at Term SOFR Rate plus 2.00% or ABR plus 1.00% maturing May 5, 2033.","evidence_excerpt":"The First Amendment provides for, among other things, (i) a new senior secured term loan B facility in an aggregate principal amount of $900.0 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-68afc33e45260940dd6ae70145691ab173d66a8a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"ma_transaction","fact_key":"2a2c014cde287e5f951b3b9473669425e6fe2079","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-05-05","consideration_text":"$2.025 billion","counterparty":"GenNx360 PAG Buyer, LLC (Seller)","effective_date":"2026-05-05","item_codes_triggered":["2.01"]},"claim":"VSE CORP completed an acquisition involving GenNx360 PAG Buyer, LLC (Seller) for $2.025 billion (closed 2026-05-05).","evidence_excerpt":"On May 5, 2026, pursuant to the Purchase Agreement, VSE acquired all of the capital stock of PAG HoldCo from the Seller for an up-front consideration equal to $2.025 billion","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-2a2c014cde287e5f951b3b9473669425e6fe2079","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"material_agreement","fact_key":"e35a40188ba935bca48a183172ff94728e7342e8","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First Amendment","agreement_type":"credit_facility","counterparty":"Citizens Bank, N.A., as revolver administrative agent and collateral agent, and Royal Bank of Canada, as term loan B agent","effective_date":"2026-05-05","item_codes_triggered":["1.01"],"value_text":"$900.0 million"},"claim":"VSE CORP amended First Amendment with Citizens Bank, N.A., as revolver administrative agent and collateral agent, and Royal Bank of Canada, as term loan B agent valued at $900.0 million (effective 2026-05-05).","evidence_excerpt":"On May 5, 2026, the Company, as the borrower, and its domestic wholly owned subsidiaries, as guarantors (collectively, together with the Company, the “Loan Parties”), entered into a first amendment (the “First Amendment”) to its existing senior secured credit agreement, dated as of May 2, 2025 (as amended and restated, supplemented or otherwise modified, the “Credit Agreement”), with certain banks and financial institutions as lenders (the “Lenders”), Citizens Bank, N.A., as revolver administrative agent and collateral agent, and Royal Bank of Canada, as term loan B agent","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-e35a40188ba935bca48a183172ff94728e7342e8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"material_agreement","fact_key":"0d3c05ca4003c256d4946a89e8b2024c7a00ce5a","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Lock-Up Agreements","agreement_type":"other","counterparty":"Seller","effective_date":"2026-05-05","item_codes_triggered":["1.01"],"value_text":null},"claim":"VSE CORP entered into Lock-Up Agreements with Seller (effective 2026-05-05).","evidence_excerpt":"On May 5, 2026, in connection with the Closing, VSE and Seller entered into (i) a lock-up agreement covering the shares to be issued to Seller pursuant to the Exchange Agreement (the “Closing Lock-Up Agreement”) and (ii) a lock-up agreement covering any shares to be issued to Seller pursuant to the Purchase Agreement as an Earnout Payment (as defined herein) (the “Earnout Lock-Up Agreement”","confidence":0.4,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-0d3c05ca4003c256d4946a89e8b2024c7a00ce5a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"material_agreement","fact_key":"f579c52c370d083d40e6a0aea876f9d2a8f33358","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Registration Rights Agreement","agreement_type":"other","counterparty":"Seller","effective_date":"2026-05-05","item_codes_triggered":["1.01"],"value_text":null},"claim":"VSE CORP entered into Registration Rights Agreement with Seller (effective 2026-05-05).","evidence_excerpt":"On May 5, 2026, in connection with the Closing, VSE and Seller entered into a registration rights agreement (the “Registration Rights Agreement”)","confidence":0.4,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-f579c52c370d083d40e6a0aea876f9d2a8f33358","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"material_agreement","fact_key":"12ca29cb41773a8f3ca7230186e5cea66d64588d","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Exchange Agreement","agreement_type":"credit_facility","counterparty":"Rollover Purchaser and Seller","effective_date":"2026-05-05","item_codes_triggered":["1.01"],"value_text":null},"claim":"VSE CORP entered into Exchange Agreement with Rollover Purchaser and Seller (effective 2026-05-05).","evidence_excerpt":"On May 5, 2026, in connection with the Closing, VSE, Rollover Purchaser and Seller entered into an exchange and redemption agreement (the “Exchange Agreement”)","confidence":0.4,"filing_url":"https://secwatch.observer/filing/0001193125-26-210245","anchor_url":"https://secwatch.observer/filing/0001193125-26-210245#claim-12ca29cb41773a8f3ca7230186e5cea66d64588d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526210245/0001193125-26-210245-index.htm"},{"fact_type":"earnings_release","fact_key":"c38a4e223cde5ab51dbd4569b1cd701fa3d98bf7","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-05T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"unknown","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"Full Year 2026","report_date":"2026-05-05","result_type":"guidance_update","revenue_text":null},"claim":null,"evidence_excerpt":"Updates Full Year 2026 Guidance to Include Precision Aviation Group Acquisition; Underlying Business Outlook Unchanged","confidence":0.8,"filing_url":"https://secwatch.observer/filing/0000102752-26-000040","anchor_url":"https://secwatch.observer/filing/0000102752-26-000040#claim-c38a4e223cde5ab51dbd4569b1cd701fa3d98bf7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275226000040/0000102752-26-000040-index.htm"},{"fact_type":"earnings_release","fact_key":"900ba07813966ea34ecbe412f19c507a79442a15","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-05-05T23:59:59+00:00","payload":{"eps_text":"GAAP EPS (Diluted) of $1.04","guidance_signal":"unknown","item_codes_triggered":["2.02"],"net_income_text":"$29.1 million","period_text":"first quarter ended March 31, 2026","report_date":"2026-05-05","result_type":"reported_results","revenue_text":"$324.6 million"},"claim":"VSE CORP reported first quarter ended March 31, 2026 results: revenue $324.6 million, net income $29.1 million, EPS GAAP EPS (Diluted) of $1.04.","evidence_excerpt":"distribution and repair services, announced today results for the first quarter 2026. FIRST QUARTER 2026 RESULTS (As compared to the First Quarter 2025) (1) ▪ Total Revenues of $324.6 million increased 26.8% ▪ GAAP Net Income of $29.1 million increased 108.0% ▪ GAAP EPS (Diluted) of $1.04 increased 55.2% ▪ Adjusted EBITDA (2) of $55.4 million increased 37.4% ▪","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-26-000040","anchor_url":"https://secwatch.observer/filing/0000102752-26-000040#claim-900ba07813966ea34ecbe412f19c507a79442a15","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275226000040/0000102752-26-000040-index.htm"},{"fact_type":"material_agreement","fact_key":"1f33e2d5d6bec0c314f4f4d75eb73aa0f4b7fa29","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-02-05T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Underwriting Agreement","agreement_type":"underwriting","counterparty":"Jefferies LLC and RBC Capital Markets, LLC","effective_date":"2026-02-02","item_codes_triggered":["1.01"],"value_text":"8,000,000 tangible equity units at $50.00 per Unit; underwriters also granted option to purchase up"},"claim":"VSE CORP entered into Underwriting Agreement with Jefferies LLC and RBC Capital Markets, LLC valued at 8,000,000 tangible equity units at $50.00 per Unit; underwriters also granted option to purchase up (effective 2026-02-02).","evidence_excerpt":"On February 2, 2026, VSE Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Jefferies LLC and RBC Capital Markets, LLC, acting as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell (the “Offering”) 8,000,000 tangible equity units (the “Firm Units”) of the Company, at the stated amount of $50.00 per Unit (as defined below).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-038592","anchor_url":"https://secwatch.observer/filing/0001193125-26-038592#claim-1f33e2d5d6bec0c314f4f4d75eb73aa0f4b7fa29","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526038592/0001193125-26-038592-index.htm"},{"fact_type":"material_agreement","fact_key":"348031793bce1fd5bdf6d35996855f00ab51d169","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-02-04T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Underwriting Agreement","agreement_type":"underwriting","counterparty":"Jefferies LLC and RBC Capital Markets, LLC, acting as representatives of the several underwriters named therein","effective_date":"2026-02-02","item_codes_triggered":["1.01"],"value_text":"approximately $830.2 million"},"claim":"VSE CORP entered into Underwriting Agreement with Jefferies LLC and RBC Capital Markets, LLC, acting as representatives of the several underwriters named therein valued at approximately $830.2 million (effective 2026-02-02).","evidence_excerpt":"On February 2, 2026, VSE Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Jefferies LLC and RBC Capital Markets, LLC, acting as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell (the “Offering”) 3,989,362 shares (the “Firm Shares”) of the Company’s common stock, par value $0.05 per share (the “Common Stock”), at a price to the public of $188.00 per share.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-036858","anchor_url":"https://secwatch.observer/filing/0001193125-26-036858#claim-348031793bce1fd5bdf6d35996855f00ab51d169","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526036858/0001193125-26-036858-index.htm"},{"fact_type":"material_agreement","fact_key":"845c743101b05fb21ca92162b6f7c927e7db56d5","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2026-01-29T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Purchase Agreement","agreement_type":"equity_purchase","counterparty":"GenNx360 PAG Buyer, LLC","effective_date":"2026-01-29","item_codes_triggered":["1.01"],"value_text":"$2.025 billion"},"claim":"VSE CORP entered into Purchase Agreement with GenNx360 PAG Buyer, LLC valued at $2.025 billion (effective 2026-01-29).","evidence_excerpt":"On January 29, 2026, VSE Corporation (“VSE” or the “Company”) entered into a stock purchase agreement (the “Purchase Agreement”) with VSE Mach HoldCo Acquisition Corp., a Delaware corporation and a direct, wholly-owned subsidiary of the Company (“Rollover Purchaser”), VSE Mach Acquisition Corp., a Delaware corporation and a direct, wholly-owned subsidiary of Rollover Purchaser (“Cash Purchaser”), GenNx/PAG IntermediateCo Inc., a Delaware corporation (“PAG HoldCo”), and GenNx360 PAG Buyer, LLC, a Delaware limited liability company (“Seller”), pursuant to which VSE will acquire all of the capital stock of PAG HoldCo, which is the parent company of PAG Holding Corp. (d/b/a Precision Aviation Group) (“PAG”), a portfolio company of GenNx360 Capital Partners (such acquisition, the “PAG Acquisition”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-028344","anchor_url":"https://secwatch.observer/filing/0001193125-26-028344#claim-845c743101b05fb21ca92162b6f7c927e7db56d5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312526028344/0001193125-26-028344-index.htm"},{"fact_type":"executive_change","fact_key":"342d99b243","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-11-06T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-11-05","interim":false,"role":"Group President for Fleet Segment","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Chad M. Wheeler resigned as Group President for Fleet Segment at VSE CORP.","evidence_excerpt":"Chad M. Wheeler, Group President for the Company's Fleet Segment, notified the Company on February 29, 2024, of his decision to resign from his position as VSE’s Group President for the Fleet Segment, with an effective date to be set later in 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000085","anchor_url":"https://secwatch.observer/filing/0000102752-24-000085#claim-342d99b243","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000085/0000102752-24-000085-index.htm"},{"fact_type":"executive_change","fact_key":"51af0cd64e","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-08-20T23:59:59+00:00","payload":{"action":"ceased serving as Interim CFO","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2024-09-03","interim":false,"role":"Interim Chief Financial Officer","role_category":"cfo","successor_name":"Adam Cohn","successor_named":true},"claim":"Tarang Sharma changed role as Interim Chief Financial Officer at VSE CORP.","evidence_excerpt":"With Mr. Cohn’s appointment, Tarang Sharma will cease serving as Interim Chief Financial Officer effective as of September 3, 2024, and will continue in his role as Chief Accounting Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000077","anchor_url":"https://secwatch.observer/filing/0000102752-24-000077#claim-51af0cd64e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000077/0000102752-24-000077-index.htm"},{"fact_type":"executive_change","fact_key":"5bb158ccbb","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-08-20T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-03","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Adam Cohn was appointed as Chief Financial Officer at VSE CORP.","evidence_excerpt":"On August 20, 2024, VSE Corporation (“VSE” or the “Company”) announced the appointment of Adam Cohn as its Chief Financial Officer, effective as of September 3, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000077","anchor_url":"https://secwatch.observer/filing/0000102752-24-000077#claim-5bb158ccbb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000077/0000102752-24-000077-index.htm"},{"fact_type":"executive_change","fact_key":"bb755c9f30","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-28T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-05-27","interim":true,"role":"Interim Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Tarang Sharma was appointed as Interim Chief Financial Officer at VSE CORP.","evidence_excerpt":"appointed Tarang Sharma to serve as Interim Chief Financial Officer, effective May 27, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000061","anchor_url":"https://secwatch.observer/filing/0000102752-24-000061#claim-bb755c9f30","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000061/0000102752-24-000061-index.htm"},{"fact_type":"executive_change","fact_key":"21824c0a02","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-28T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-05-29","interim":false,"role":"Senior Vice President and Chief Financial Officer","role_category":"cfo","successor_name":"Tarang Sharma","successor_named":true},"claim":"Stephen D. Griffin resigned as Senior Vice President and Chief Financial Officer at VSE CORP.","evidence_excerpt":"Stephen D. Griffin, Senior Vice President and Chief Financial Officer of VSE Corporation (the “Company”), notified the Company of his decision to resign from his positions with the Company, effective May 29, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000061","anchor_url":"https://secwatch.observer/filing/0000102752-24-000061#claim-21824c0a02","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000061/0000102752-24-000061-index.htm"},{"fact_type":"material_agreement","fact_key":"4140d5242fd90bcc19940bc06ab175902f3ce67d","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-17T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Underwriting Agreement","agreement_type":"underwriting","counterparty":"Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein","effective_date":"2024-05-14","item_codes_triggered":["1.01"],"value_text":"approximately $162.1 million"},"claim":"VSE CORP entered into Underwriting Agreement with Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein valued at approximately $162.1 million (effective 2024-05-14).","evidence_excerpt":"On May 14, 2024, VSE Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell (the “Offering”) 2,112,676 shares (the “Firm Shares”) of the Company’s common stock, par value $0.05 per share (the “Common Stock”), at a price to the public of $71.00 per share. The Company has also granted the Underwriters a 30-day option to purchase up to an additional 316,901 shares of Common Stock (the “Optional Shares” and, together with the Firm Shares, the “Shares”). On May 15, 2024, the Underwriters informed the Company of their exercise in full of the option to purchase the Optional Shares. The Offering is expected to close on May 17, 2024, subject to satisfaction of customary closing conditions. The Company estimates that the net proce","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-24-141449","anchor_url":"https://secwatch.observer/filing/0001193125-24-141449#claim-4140d5242fd90bcc19940bc06ab175902f3ce67d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312524141449/0001193125-24-141449-index.htm"},{"fact_type":"executive_change","fact_key":"636dc1419d","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-08T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-05-27","interim":true,"role":"Interim Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Tarang Sharma was appointed as Interim Chief Financial Officer at VSE CORP.","evidence_excerpt":"appointed Tarang Sharma to serve as Interim Chief Financial Officer, effective May 27, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000049","anchor_url":"https://secwatch.observer/filing/0000102752-24-000049#claim-636dc1419d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000049/0000102752-24-000049-index.htm"},{"fact_type":"executive_change","fact_key":"6ccec8a7f0","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-08T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-05-29","interim":false,"role":"Senior Vice President and Chief Financial Officer","role_category":"cfo","successor_name":"Tarang Sharma","successor_named":true},"claim":"Stephen D. Griffin resigned as Senior Vice President and Chief Financial Officer at VSE CORP.","evidence_excerpt":"notified the Company of his decision to resign from his position with the Company, effective May 29, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000049","anchor_url":"https://secwatch.observer/filing/0000102752-24-000049#claim-6ccec8a7f0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000049/0000102752-24-000049-index.htm"},{"fact_type":"earnings_release","fact_key":"25050426a1575bb64c1d5bad2830e968648e73f6","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-05-08T23:59:59+00:00","payload":{"eps_text":"$0.76","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$12.1 million","period_text":"first quarter ended March 31, 2024","report_date":"2024-05-08","result_type":"reported_results","revenue_text":"$241.5 million"},"claim":"VSE CORP reported first quarter ended March 31, 2024 results: revenue $241.5 million, net income $12.1 million, EPS $0.76.","evidence_excerpt":"Total Revenues of $241.5 million increased 28.1% ▪ GAAP Net Income of $12.1 million increased 49.0% ▪ GAAP EPS (Diluted) of $0.76 increased 20.6%","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000102752-24-000047","anchor_url":"https://secwatch.observer/filing/0000102752-24-000047#claim-25050426a1575bb64c1d5bad2830e968648e73f6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000047/0000102752-24-000047-index.htm"},{"fact_type":"material_agreement","fact_key":"d37b8ce88d366ef52886691402a34f54c29e6f3f","cik":102752,"ticker":"VSEC","company_name":"VSE CORP","filed_at":"2024-04-25T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Seventh Amendment to Fourth Amended and Restated Business Loan and Security Agreement","agreement_type":"credit_facility","counterparty":"Citizens Bank, N.A.","effective_date":"2024-04-23","item_codes_triggered":["1.01"],"value_text":"Amendment provides flexibility for the Company to enter into certain accounts receivables factoring"},"claim":"VSE CORP entered into Seventh Amendment to Fourth Amended and Restated Business Loan and Security Agreement with Citizens Bank, N.A. valued at Amendment provides flexibility for the Company to enter into certain accounts receivables factoring (effective 2024-04-23).","evidence_excerpt":"On April 23, 2024, VSE Corporation (“VSE” or the “Company”) and a majority of its wholly owned subsidiaries, as borrowers, entered into that certain Seventh Amendment (the “Amendment”) to the Fourth Amended and Restated Business Loan and Security Agreement","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000102752-24-000041","anchor_url":"https://secwatch.observer/filing/0000102752-24-000041#claim-d37b8ce88d366ef52886691402a34f54c29e6f3f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275224000041/0000102752-24-000041-index.htm"}]}