---
schema_version: "secwatch.filing_event.v1"
accession: "0000102752-24-000085"
form_type: "8-K"
ticker: "VSEC"
cik: "0000102752"
company_name: "VSE CORP"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:15:16.209648+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VSE Q3 revenue +18.3% to $273.6M but GAAP EPS -21.3%; Fleet Group President departs, strategic review ongoing

## Summary
- Record revenue $273.6M (+18.3% YoY); GAAP EPS $0.63 (-21.3%) and adjusted EPS $0.71 (-22.8%).
- Aviation segment achieved record revenue and profitability; full-year 2024 aviation revenue guidance raised.
- Chad M. Wheeler, Fleet Segment Group President, resigned effective Nov 5, 2024; entered into consulting agreement.
- Consulting agreement: $300/hr up to 35 hrs/month plus $500K bonus contingent on strategic review completion.
- Strategic alternative review of Fleet Segment ongoing; Wheeler's departure not related to operations or policies.

## SEC filing metadata
- accession: 0000102752-24-000085
- form_type: 8-K
- ticker: VSEC
- cik: 0000102752
- company_name: VSE CORP
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102752/000010275224000085/0000102752-24-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102752/000010275224000085/vsec-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102752-24-000085
- JSON: https://secwatch.observer/filing/0000102752-24-000085.json
- Plain text: https://secwatch.observer/filing/0000102752-24-000085.txt

## Key facts
- Executive change
  Chad M. Wheeler resigned as Group President for Fleet Segment at VSE CORP.
  - Action: resigned
  - Role: Group President for Fleet Segment
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275224000085/0000102752-24-000085-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.