Acquisition Expands VSE Aviation’s Proprietary Engine Component Repair Capabilities

VSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC, VSECU)), a leading provider of aviation aftermarket distribution and repair services, today announced it has acquired Atech Turbine Components, Inc. ("Atech"), a specialized Maintenance, Repair and Overhaul ("MRO") provider focused on complex hot-section components for aircraft turbine engines.

Founded in 1990 and headquartered in Auburn, Massachusetts, Atech is a leading provider of specialized and proprietary engine component repairs, primarily supporting Pratt & Whitney Canada engine platforms. Atech’s proprietary repair approvals cover more than 300 part numbers and Atech serves as the sole-source provider for many flight-critical repairs across the PT6, JT15D, PW100, PW150, PW200, PW300 and PW500 engine families, as well as the PW901 auxiliary power unit.

Atech’s approximately 40-person team provides highly technical repairs across combustion liners, exhaust ducts, turbine shroud housings, structural engine components and other hot-section components supporting business and general aviation, regional commercial, rotorcraft, military and special-mission applications.

STRATEGIC RATIONALE

Expanded Proprietary Repair Capabilities: Atech adds more than 300 specialized and proprietary repair approvals to VSE Aviation’s engine aftermarket platform. These highly technical, OEM-approved repairs further strengthen VSE’s position on the PT6, PW100 and other engine platforms beyond parts distribution and accessory MRO into differentiated engine component repair.

Deeper OEM Alignment: Atech’s long-standing relationship with Pratt & Whitney Canada further strengthens VSE’s partnership with one of the largest OEM partners and broadens the aftermarket solutions VSE can provide across critical engine platforms.

Attractive Growth Platform: VSE plans to significantly expand Atech’s capacity and capabilities to accelerate new proprietary repair development and support future organic growth.

"This acquisition represents another important step in the expansion of VSE Aviation’s engine aftermarket capabilities," said John Cuomo, President and Chief Executive Officer of VSE Corporation. "Atech brings a differentiated portfolio of proprietary repairs, highly technical capabilities and a deep relationship with Pratt & Whitney Canada across some of the most important engine platforms in the aviation aftermarket. By adding Atech to VSE, we are expanding the breadth of solutions we provide to our OEM partners and customers while creating another attractive platform for long-term organic growth."

"Atech is an exceptional strategic fit with our engine and OEM-aligned growth strategy," said Ben Thomas, Chief Operating Officer of VSE Corporation. "Its proprietary repair portfolio, technical expertise, reputation for quality, and opportunity for capacity expansion complement and enhance the capabilities we have added through Turbine Weld and NorthStar. Together, these businesses both strengthen and increase our ability to support the global installed base of PT6, PW100, JT15D and the other critical engine platforms with a broader range of differentiated, high-value aftermarket solutions."

"We are incredibly proud of what we have built," said Rita Kapur, President of Atech Turbine Components. "Our people, our reputation, and the trust we have earned from our customers are what defines us. This partnership with VSE Aviation allows us to build on that foundation while creating even greater opportunities for growth. VSE shares our commitment to technical excellence, exceptional customer service, and investment in our people. Together, we will have greater resources and capabilities to expand our specialized repair portfolio, deepen our customer relationships, and continue delivering the quality and service that have defined Atech Turbine Components for decades."

ADVISORS

Jones Day served as legal counsel to VSE.

Philpott Ball & Werner, LLC, served as sell-side advisor to Atech.

ABOUT VSE CORPORATION

VSE is a leading provider of aviation distribution and repair services for the commercial and business and general aviation (B&GA) aftermarkets. Headquartered in Miramar, Florida, VSE is focused on significantly enhancing the productivity and longevity of its customers' high-value, business-critical assets. VSE’s aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services support engine component and engine and airframe accessory part distribution and repair services for commercial and B&GA operators. For more detailed information, please visit VSE's website at www.vsecorp.com.

ABOUT ATECH TURBINE COMPONENTS

Founded in 1990 and headquartered in Auburn, Massachusetts, Atech Turbine Components is a specialized aviation MRO provider focused on the repair and overhaul of non-rotating hot-section turbine engine components. Atech is an FAA, EASA and UK CAA approved repair station, and a Pratt & Whitney Canada approved specialized repair facility with proprietary repair approvals covering more than 300 part numbers across the PT6, JT15D, PW100, PW150, PW200, PW300, PW500 and PW901 platforms.

FORWARD-LOOKING STATEMENTS

This press release contains statements that, to the extent they are not recitations of historical fact, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such statements are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and this statement is included for purposes of such safe harbor provisions.

"Forward-looking" statements, as such term is defined by the Securities and Exchange Commission (the "SEC") in its rules, regulations and releases, represent VSE’s expectations or beliefs, including, but not limited to, statements concerning the expected financial and other benefits of the acquisition of Atech, VSE’s operations, economic performance, financial condition, growth and acquisition strategies, investments and future operational plans. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "forecast," "seek," "plan," "predict," "project," "could," "estimate," "might," "continue," "seeking" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements.

These statements speak only as of the date of this press release and VSE undertakes no ongoing obligation, other than that imposed by law, to update these statements as a result of new information, future events or otherwise. These statements relate to, among other things, VSE’s future financial condition, results of operations or prospects; VSE’s business and growth strategies; and VSE’s financing plans and forecasts. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, certain of which are beyond VSE’s control, and that actual results may differ materially from those contained in or implied by the forward-looking statements as a result of various factors, some of which are unknown, including, without limitation, risks related to:

the performance of the aviation aftermarket;
challenges related to workforce management or any failure to attract or retain a skilled workforce;
VSE’s ability to realize the expected strategic benefits and cost synergies from the acquisition of Atech, after taking into account any business disruption, maintenance of customer, employee, or supplier relationships, management distraction during the integration process or other factors beyond VSE’s control;
the accuracy of VSE’s assumptions related to the acquisition of Atech;
VSE’s ability to successfully integrate and achieve the strategic and other objectives, including any expected synergies, relating to recently completed acquisitions, including the acquisition of Atech; and
the other factors identified in VSE’s reports filed or expected to be filed with the SEC, including VSE’s Annual Report on Form 10-K for the year ended December 31, 2025.

You are advised, however, to consult any further disclosures VSE makes on related subjects in VSE’s periodic reports on Forms 10-K, 10-Q or 8-K filed with or furnished to the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260830199710/en/

INVESTOR RELATIONS CONTACT

Michael Perlman

Vice President of Investor Relations and Treasury

Phone: (954) 547-0480

Email: investors@vsecorp.com