VSE Corp. announces common stock offering, no amount given

VSE Corporation announced that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock pursuant to an effective shelf registration statement. VSE expects to use substantially all of the net proceeds from this offering to repay outstanding borrowings under its revolving loan facility, including borrowings to fund its acquisition of Turbine Controls, Inc., to support potential future strategic acquisitions and for general corporate purposes. Jefferies, RBC Capital Markets and William Blair are acting as joint lead book-running managers and representatives of the underwriters for the offering.