
| Versar Receives $13 million subcontract to provide chemical munitions destruction using explosive detonation technology |
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20:46 GMT, February 9, 2010 Springfield, VA | Versar, Inc. (NYSE Amex: VSR) announced today the award of a $13 million subcontract from URS Corporation (NYSE: URS) through its EG&G Defense Materials subsidiary for Chemical Munitions Destruction using the first-of-akind DAVINCH system (Detonation in a Vacuum Assisted Chamber). Versar teamed with Kobe Steel, LTD of Japan, the developer of DAVINCH for this award, which has an initial 13 month period of performance. |
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Company or Organisation Portrait:
VERSAR, INC., headquartered in Springfield, VA, is a publicly held international professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization. VERSAR operates a number of web sites, including the corporate Web sites, http://www.versar.com, http://www.homelanddefense.com, http://www.geomet.com; http://www.viap.com; http://www.dtaps.com; and www.ppsgb.com. |
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Company or Organisation Contact:
Michael J. Abram +1 (703) 642-6706 Senior Vice President Email: mabram@versar.com Investor Relations Contact: Andrew J. Kaplan +1 (732) 747-0702 Barry Kaplan Associates 623 River Road Fair Haven, NJ 07704 Email: smallkap@aol.com |
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