{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-237572","form_type":"8-K","ticker":"VSEC","cik":"0000102752","company_name":"VSE CORP","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.423895+00:00","generated_at":"2026-05-30T14:18:39.692312+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"VSE to acquire Kellstrom Aerospace for ~$200M; preliminary Q3 revenue $268-275M","bullets":["Acquisition of Kellstrom Aerospace for ~$200M ($185M cash + $15M stock), expected Q4 2024 close.","Kellstrom generated ~$175M revenue TTM; synergies of ~$4M expected; path to 15%+ EBITDA margins.","Preliminary Q3 2024 revenue $268-275M; operating income $22-24M; adjusted EBITDA $31-34M.","Aviation segment revenue +32-34% YoY; Fleet segment -10-15% YoY.","Total debt ~$453M, net debt ~$442M; pro forma net leverage <3.5x after financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-237572","json":"https://secwatch.observer/filing/0001193125-24-237572.json","markdown":"https://secwatch.observer/filing/0001193125-24-237572.md","text":"https://secwatch.observer/filing/0001193125-24-237572.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102752/000119312524237572/0001193125-24-237572-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102752/000119312524237572/d731014d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:18:39.692312+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}