Versar wins $2.4M contracts Sep 10, 2008
Springfield-based Versar (AMEX:VSR) said its Sacramento, Calif ... I am excited at these new opportunities in California, said Ted Prociv, chief executive of Versar. (Washington Business Journal, DC)
Asbestos cleanup job worth $1.1M for Versar Aug 21, 2008
1M for Versar - Washington Business Journal ... The New Jersey-based company, which operates refrigeration and storage facilities across the country, has hired Versar to remove mold, asbestos and other environmental contaminants from its facility near Miami, Fla ... Springfield-based Versar says the job is part of its shift from consulting projects, to bigger program management contracts. (Washington Business Journal, DC)
Johnson Controls venture wins piece of $10B contract Mar 25, 2008
The Versar/ venture will provide facilities and infrastructure support to the Air Force Civil Engineer Support Agency, which provides assistance with services such as emergency management, military-family housing and environmental restoration programs at Air Force facilities ... "The contract gives Versar the potential for significant infrastructure work for the Air Force during the next decade," said Ted Prociv, president and chief executive officer of Versar, in a statement ... -based Versar... (Milwaukee Business Journal, WI)
New research offers prioritization plan for reducing nutrient pollution in feeder streams Feb 12, 2008
This research which was led by Palmer and her graduate student, Laura Craig, was supported by the Maryland Power Plant Restoration Program and Versar, Inc. and the US EPAs National Center for Environmental Research. The article, Stream restoration strategies for reducing river nitrogen loads, represents the consensus views of leading stream researchers from eight U.S.-based institutions. (EurekAlert!)
Versar earnings up 68 percent Nov 13, 2007
Versar is overseeing more than 100 construction projects in Iraq, with contracts that run through at least August ... Versar shares (AMEX: VSR) were down 49 cents to $7. (Washington Business Journal, DC)
Versar scores $50 million in BRAC work Aug 21, 2007
Most recently Versar Inc., ended up with up to $50 million in work on Fort Lee in response to the Base Realignment and Closure recommendations. We are a design-build contracting firm, said Versar vice president Paul Stiles ... Stiles said that Versar has done work on Fort Lee before, but these projects will be specifically targeted at the upcoming base expansion. (Petersburg Progress Index, VA)
Versar says revenue topped $100M Aug 15, 2007
9 million Air Force contract Versar received in July ... Versar is scheduled to release its full 2007 and fourth-quarter results Sept. 10 ... Versar stock (AMEX: VSR) has more than doubled in value this year, to $8. (Washington Business Journal, DC)
Pollution-Control Stocks Ride Environmentalist Wave Jul 19, 2007
Stock prices have doubled for Pittsburgh-based water-treatment provider Calgon Carbon Corp.,and tripled for Springfield, Virginia, environmental and defense contractor Versar Inc. Even the group's poorest performer, Lancaster, New York environmental consultant Ecology and Environment Inc., is up 17 percent, about double the benchmark Standard s 500 index ... US agencies like EPA and the Department of Defense are also spending money on pollution clean-up, with government contractors making deals... (Planet Ark, United States)
Versar extends Iraq reconstruction work Jul 17, 2007
Under terms of the contract extension, Versar will continue engineering and construction management services through Jan. 31 ... Versar has more than 250 employees overseeing more than 100 construction projects in Iraq ... Versar's stock (AMEX: VSR) rose $1. (Washington Business Journal, DC)
EPA awards contract to Versar May 23, 2007
Springfield-based Versar, a program-management company, said the work will run for five years and is expected to generate $6 million in revenue over the term of the contract. Under the new work, one of five EPA contracts managed by Versar's exposure and risk assessment division, the company will conduct peer reviews and support development of risk assessment guidelines for the agency's research and regulatory programs ... Versar (AMEX: VSR) focuses on homeland defense, engineering and... (Washington Business Journal, DC)
Rebuilding Iraq more than doubles Versar sales May 11, 2007
Versar ended the quarter with a funded contract backlog of $59 million. Versar stock (AMEX: VSR) rose $1. (Washington Business Journal, DC)
Rosneft buys remainder of Yukos assets May 10, 2007
The only other bidder was a little known company called OOO Versar. The Rosneft subsidiary, Neft-Aktiv, bought Yukos' Samaraneftegaz production unit, with a capacity of about 200,000 barrels a day, and three refineries. (Globe and Mail -- Business)
Versar opens international subsidiary May 9, 2007
The Springfield-based company says the new subsidiary in Manilla is named Versar International Assistance Programs, or VIAP. Bill Johnson, a retired Navy officer with 30 years of conflict-area construction management experience has been appointed president of the subsidiary, Versar says in a statement. "VIAP will be one of Versar's main engines for continued growth," says chief executive Ted Prociv ... "This move supports our overall transformation of Versar into a global service provider and... (Washington Business Journal, DC)
Versar will help fortify Iraqi borders Apr 4, 2007
Versar says the work is expected to be completed by this July. Versar (AMEX: VSR), which specializes in environmental cleanup and homeland security contracting as well as construction management, saw revenue rise 32 percent last quarter to almost $22 million. (Washington Business Journal, DC)
Versar sales rise 32 percent, company settles lawsuit Feb 13, 2007
Versar also announced that it has settled years' old lawsuits with EnviroChem over a Superfund site project in Indiana ... Versar and trustees for the EnviroChem Superfund site sued each other in 2001 over a canceled contract ... Versar (AMEX: VSR) says the higher revenue and income last quarter was from additional personnel services and reconstruction projects in Iraq. (Washington Business Journal, DC)
Versar nets $2.8 subcontract for school renovations in Georgia Jan 16, 2007
Versar says it will provide these services for the mechanical and electrical systems modernization at Stowers Elementary School at Fort Benning, Ga. Landover-based awarded the subcontract to Springfield-based Versar (AMEX: VSR) ... Versar says the work will be completed by December 2007. (Washington Business Journal, DC)
• Robert G. Fulmer Jan 7, 2007
Memorials may be made to the Hartwood Foundation Inc., 6800 Versar Center, Suite 401, Springfield, Va. 22151; or to Grace United Methodist Church Building Fund, 13056 Elk Ridge Road, Hartwood, Va. (Fredericksburg Free Lance-Star, VA)
