New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 22, 2014
08:17 EDTVSRVersar awarded $2.25M contract for stormwater support by Frederick County
Versar has been awarded a contract with a capacity of $2.25M over three years with Frederick County, Maryland, to support the County's National Pollutant Discharge Elimination System and Municipal Separate Storm Sewer System permit compliance.
News For VSR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 1, 2015
08:33 EDTVSRVersar closes acquisition of Johnson Controls Security Systems
Versar, (VSR) announced that it has completed the acquisition of Johnson Controls' (JCI) specialized federal security integration business, formerly known as Johnson Controls Security Systems. JCSS is a security systems integrator serving Federal clients by designing, installing and supporting complex physical security, network security, and facilities management systems. The purchase price of $20M was paid with a combination of cash and contingent consideration. Further, Versar has put in place a new banking relationship with Bank of America to support both the acquisition and ongoing working capital needs. JCSS, which will now be known as Versar Security Systems, is headquartered in Gaithersburg, Maryland, generated approximately $34less than in trailing twelve month revenues from key long term customers such as the Federal Aviation Administration and the Federal Emergency Management Agency.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use