VSE CORP amended a Schedule 13G/A disclosing that T. Rowe Price Investment Management, Inc. beneficially owned 2,738,256 shares of common stock, representing 9.7% of the class as shown in the filing dated 03/31/2026. The filing reports sole voting power of 2,508,293 shares and sole dispositive power of 2,511,401 shares. The filing includes a signed amendment (Amendment No. 5) dated 05/15/2026.
VSE CORP amended a Schedule 13G/A disclosing that T. Rowe Price Investment Management, Inc. beneficially owned 2,738,256 shares of common stock, representing 9.7% of the class as shown in the filing dated 03/31/2026. The filing reports sole voting power of 2,508,293 shares and sole dispositive power of 2,511,401 shares. The filing includes a signed amendment (Amendment No. 5) dated 05/15/2026.
VSE Corp. ownership filing shows Capital Research Global Investors reports beneficial ownership of 936,375 shares of VSE Corp. common stock, representing 3.3% of 28,055,393 shares outstanding as of 03/31/2026. The filing is an Amendment (No. 2) to a Schedule 13G/A.
The filing states CRGI has sole voting and dispositive power over the reported shares. The signature block is dated 05/11/2026. No transaction details, purchase dates, or proceeds are reported in the excerpt.
VSE Corp. ownership filing shows Capital Research Global Investors reports beneficial ownership of 936,375 shares of VSE Corp. common stock, representing 3.3% of 28,055,393 shares outstanding as of 03/31/2026. The filing is an Amendment (No. 2) to a Schedule 13G/A.
The filing states CRGI has sole voting and dispositive power over the reported shares. The signature block is dated 05/11/2026. No transaction details, purchase dates, or proceeds are reported in the excerpt.
VSE Corp ownership filing shows State Street Corporation reports beneficial ownership of 1,875,026 shares of common stock, representing 6.7% of the class as of 03/31/2026. The filing attributes shared voting power of 1,804,767 and shared dispositive power of 1,875,026, and lists several State Street advisory subsidiaries as relevant entities.
VSE Corp ownership filing shows State Street Corporation reports beneficial ownership of 1,875,026 shares of common stock, representing 6.7% of the class as of 03/31/2026. The filing attributes shared voting power of 1,804,767 and shared dispositive power of 1,875,026, and lists several State Street advisory subsidiaries as relevant entities.
VSE Corporation reported results from its 2026 annual stockholder meeting and a new dividend. Stockholders representing 26,211,532 shares, or 93.42% of the 28,055,393 shares entitled to vote as of March 10, 2026, were present in person or by proxy.
All eight director nominees were elected, Grant Thornton LLP was ratified as independent auditor for the year ending December 31, 2026, and a non-binding advisory vote approved the Company’s executive compensation. Stockholders also approved an amendment to the Certificate of Incorporation authorizing the issuance of blank check preferred stock.
The Board of Directors declared a regular quarterly cash dividend of $0.10 per share of common stock, payable on July 29, 2026 to stockholders of record at the close of business on July 15, 2026.
VSE Corporation reported results from its 2026 annual stockholder meeting and a new dividend. Stockholders representing 26,211,532 shares, or 93.42% of the 28,055,393 shares entitled to vote as of March 10, 2026, were present in person or by proxy.
All eight director nominees were elected, Grant Thornton LLP was ratified as independent auditor for the year ending December 31, 2026, and a non-binding advisory vote approved the Company’s executive compensation. Stockholders also approved an amendment to the Certificate of Incorporation authorizing the issuance of blank check preferred stock.
The Board of Directors declared a regular quarterly cash dividend of $0.10 per share of common stock, payable on July 29, 2026 to stockholders of record at the close of business on July 15, 2026.
VSE Corporation’s March 31, 2026 quarter shows major growth and portfolio transformation around aviation aftermarket services. Revenue from continuing operations rose to $324.6 million, up 27% from $256.0 million, driven by 26% higher distribution sales and 28% higher repair revenue.
Net income from continuing operations increased to $29.1 million, more than double the prior year’s $14.0 million, helped by higher volume, better sales mix and lower net interest expense, while diluted EPS from continuing operations reached $1.04. Cash and cash equivalents climbed to $1.24 billion, primarily from February 2026 equity and tangible equity unit offerings that generated about $1.3 billion of net proceeds.
The company is reshaping into a pure-play aviation business, having sold its Fleet and Federal and Defense segments, acquiring Aero 3 and Turbine Weld in 2025, and closing the Precision Aviation Group acquisition in May 2026 for approximately $2.025 billion, funded with offering proceeds and a new $900.0 million term loan B facility. Management reports one aviation segment, continued dividend payments of $0.10 per share, and compliance with credit agreement covenants.
VSE Corporation’s March 31, 2026 quarter shows major growth and portfolio transformation around aviation aftermarket services. Revenue from continuing operations rose to $324.6 million, up 27% from $256.0 million, driven by 26% higher distribution sales and 28% higher repair revenue.
Net income from continuing operations increased to $29.1 million, more than double the prior year’s $14.0 million, helped by higher volume, better sales mix and lower net interest expense, while diluted EPS from continuing operations reached $1.04. Cash and cash equivalents climbed to $1.24 billion, primarily from February 2026 equity and tangible equity unit offerings that generated about $1.3 billion of net proceeds.
The company is reshaping into a pure-play aviation business, having sold its Fleet and Federal and Defense segments, acquiring Aero 3 and Turbine Weld in 2025, and closing the Precision Aviation Group acquisition in May 2026 for approximately $2.025 billion, funded with offering proceeds and a new $900.0 million term loan B facility. Management reports one aviation segment, continued dividend payments of $0.10 per share, and compliance with credit agreement covenants.
VSE Corporation filed a Form S-3 shelf registration to register 2,615,752 shares of its common stock for resale by the selling stockholder related to the recently completed PAG Acquisition.
The shares include 1,415,752 Consideration Shares issuable upon exchange of Rollover Purchaser Class B shares and up to 1,200,000 Earnout Shares. The PAG Acquisition closed on May 5, 2026 for $2.025 billion consideration (comprised of $1.75 billion cash and ~$275 million in rollover equity), with an additional contingent earnout of up to $125 million. VSE will not receive proceeds from resale; the selling stockholder may sell the registered shares from time to time pursuant to the registration statement and any prospectus supplements.
VSE Corporation filed a Form S-3 shelf registration to register 2,615,752 shares of its common stock for resale by the selling stockholder related to the recently completed PAG Acquisition.
The shares include 1,415,752 Consideration Shares issuable upon exchange of Rollover Purchaser Class B shares and up to 1,200,000 Earnout Shares. The PAG Acquisition closed on May 5, 2026 for $2.025 billion consideration (comprised of $1.75 billion cash and ~$275 million in rollover equity), with an additional contingent earnout of up to $125 million. VSE will not receive proceeds from resale; the selling stockholder may sell the registered shares from time to time pursuant to the registration statement and any prospectus supplements.
VSE Corporation completed its acquisition of Precision Aviation Group (PAG) for $2.025 billion, combining $1.75 billion in cash with approximately $275 million of equity and up to $125 million in contingent earnout payments tied to 2026 profitability.
The deal is funded partly by a new $900 million Term Loan B and an upsized $500 million revolving credit facility. PAG generated $595.6 million of revenue and $16.6 million of net income in 2025, and VSE expects the transaction to increase its revenue by about 50% on a 2025 pro forma basis and be immediately accretive to Adjusted EBITDA margins.
VSE Corporation completed its acquisition of Precision Aviation Group (PAG) for $2.025 billion, combining $1.75 billion in cash with approximately $275 million of equity and up to $125 million in contingent earnout payments tied to 2026 profitability.
The deal is funded partly by a new $900 million Term Loan B and an upsized $500 million revolving credit facility. PAG generated $595.6 million of revenue and $16.6 million of net income in 2025, and VSE expects the transaction to increase its revenue by about 50% on a 2025 pro forma basis and be immediately accretive to Adjusted EBITDA margins.
VSE Corporation reported record first quarter 2026 results, led by strong aviation aftermarket growth and major acquisitions. Revenue rose to $324.6 million, up 26.8% from 2025, while GAAP net income from continuing operations increased to $29.1 million, up 108.0%. Diluted EPS from continuing operations was $1.04, with Adjusted EPS of $1.17. Adjusted EBITDA grew 37.4% to $55.4 million, lifting Adjusted EBITDA margin to 17.1%.
VSE closed two strategic deals: the acquisition of NorthStar Technologies on April 1, 2026 and the acquisition of Precision Aviation Group for $2.025 billion in cash and equity on May 5, 2026, significantly expanding engine services, repair capabilities, and global footprint. To support PAG, the company completed follow-on equity and tangible equity unit offerings and put in place a new $900 million Term Loan B and an upsized $500 million revolver.
As of March 31, 2026, VSE held $1.239 billion in cash and cash equivalents and total debt of $366.3 million, resulting in negative net debt. Free cash flow was $(68.7) million for the quarter, reflecting working capital and investment needs. The company raised its full year 2026 revenue growth outlook to a range of 57% to 61% and now expects full year Adjusted EBITDA margin between 18.1% and 18.5%, both primarily due to including PAG while keeping expectations for the underlying business unchanged.
VSE Corporation reported record first quarter 2026 results, led by strong aviation aftermarket growth and major acquisitions. Revenue rose to $324.6 million, up 26.8% from 2025, while GAAP net income from continuing operations increased to $29.1 million, up 108.0%. Diluted EPS from continuing operations was $1.04, with Adjusted EPS of $1.17. Adjusted EBITDA grew 37.4% to $55.4 million, lifting Adjusted EBITDA margin to 17.1%.
VSE closed two strategic deals: the acquisition of NorthStar Technologies on April 1, 2026 and the acquisition of Precision Aviation Group for $2.025 billion in cash and equity on May 5, 2026, significantly expanding engine services, repair capabilities, and global footprint. To support PAG, the company completed follow-on equity and tangible equity unit offerings and put in place a new $900 million Term Loan B and an upsized $500 million revolver.
As of March 31, 2026, VSE held $1.239 billion in cash and cash equivalents and total debt of $366.3 million, resulting in negative net debt. Free cash flow was $(68.7) million for the quarter, reflecting working capital and investment needs. The company raised its full year 2026 revenue growth outlook to a range of 57% to 61% and now expects full year Adjusted EBITDA margin between 18.1% and 18.5%, both primarily due to including PAG while keeping expectations for the underlying business unchanged.
VSE Corp: An amendment to a Schedule 13G shows The Vanguard Group reports 0 shares beneficially owned of VSE Corp common stock. The filing states Vanguard underwent an internal realignment on January 12, 2026, after which certain subsidiaries will report ownership separately and Vanguard "no longer has, or is deemed to have, beneficial ownership" of those securities.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The disclosure lists address details for both VSE Corp and The Vanguard Group and classifies this as ownership of 5% or less.
VSE Corp: An amendment to a Schedule 13G shows The Vanguard Group reports 0 shares beneficially owned of VSE Corp common stock. The filing states Vanguard underwent an internal realignment on January 12, 2026, after which certain subsidiaries will report ownership separately and Vanguard "no longer has, or is deemed to have, beneficial ownership" of those securities.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The disclosure lists address details for both VSE Corp and The Vanguard Group and classifies this as ownership of 5% or less.
EBERHART RALPH E reported acquisition or exercise transactions in this Form 4 filing.
VSE Corp director Ralph E. Eberhart received a stock award of 62 shares of common stock, valued at $194.08 per share, as part of his quarterly cash retainer for board service. After this grant, he directly holds 47,387 shares of VSE common stock.
EBERHART RALPH E reported acquisition or exercise transactions in this Form 4 filing.
VSE Corp director Ralph E. Eberhart received a stock award of 62 shares of common stock, valued at $194.08 per share, as part of his quarterly cash retainer for board service. After this grant, he directly holds 47,387 shares of VSE common stock.