{"schema_version":"secwatch.filing_event.v1","accession":"0000102752-23-000037","form_type":"8-K","ticker":"VSEC","cik":"0000102752","company_name":"VSE CORP","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.676909+00:00","generated_at":"2026-06-16T02:26:20.732021+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"VSE Q1 revenue $255.4M (+10.5%); raises Aviation guidance, sells Federal & Defense for up to $100M","bullets":["GAAP EPS $0.71 (+44.9%), adjusted EPS $0.83 (+15.3%); total revenues $255.4M, up 10.5% YoY.","Aviation segment revenue record $113.2M (+21% YoY); segment EBITDA margin expanded 5.1 pts to 16.8%.","Announces definitive sale of Federal & Defense segment to Bernhard Capital Partners for up to $100M; close expected late 2023/early 2024.","Raises Aviation FY2023 revenue growth guidance to 10-15% (from 7-15%) and EBITDA margin to 13-15% (from 12-14%).","Net proceeds from sale to reduce borrowings and fund tuck-in acquisitions in Aviation segment."],"urls":{"canonical":"https://secwatch.observer/filing/0000102752-23-000037","json":"https://secwatch.observer/filing/0000102752-23-000037.json","markdown":"https://secwatch.observer/filing/0000102752-23-000037.md","text":"https://secwatch.observer/filing/0000102752-23-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102752/000010275223000037/0000102752-23-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102752/000010275223000037/vsec-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:26:20.732021+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36e35f6510d0bd173ca1eefa48fbe5fe7026fb83","claim":"VSE CORP reported the first quarter ended March 31, 2023 results: revenue $255.4 million, net income GAAP Net Income of $9.1 million, EPS GAAP EPS (Diluted) of $0.71. Guidance raised.","evidence_excerpt":"for commercial and government markets, announced today results for the first quarter 2023. FIRST QUARTER 2023 RESULTS (As compared to the First Quarter 2022) ▪ Total Revenues of $255.4 million increased 10.5% ▪ GAAP Net Income of $9.1 million increased 46.0% ▪ GAAP EPS (Diluted) of $0.71 increased 44.9% ▪ Adjusted EBITDA of $26.3 million increased 18.5% ▪ Adjusted Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102752/000010275223000037/0000102752-23-000037-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$255.4 million"},{"label":"Net income","value":"GAAP Net Income of $9.1 million"},{"label":"EPS","value":"GAAP EPS (Diluted) of $0.71"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}