VSE CORP
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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Item 2. Properties
As of December 31, 2024, we owned or leased building space (including offices, warehouses, shops, and other facilities) at 33 locations. Our major operations are at the following locations:
Aviation - Doral, Miramar and Davie, Florida; Independence and Augusta, Kansas; Hebron, Kentucky; Phoenix, Arizona; Montebello and San Bernardino, California; Bloomfield, Connecticut; Roselle, Illinois; Lydney and Southend-on-Sea, United Kingdom; Shannon and Dublin, Ireland; and Norderstedt, Germany
Fleet - Somerset, Pennsylvania; Olive Branch, Mississippi; and Grand Prairie, Texas
The following is a summary of the square footage of our floor space as of December 31, 2024 (in thousands):
| Owned | Leased | Total | |
|---|---|---|---|
| Aviation Segment | 91 | 990 | 1,081 |
| Fleet Segment | 271 | 572 | 843 |
| Corporate (1) | — | 4 | 4 |
| Total | 362 | 1,566 | 1,928 |
| (1) Represents the square footage of our corporate offices in Vienna, Virginia. Our corporate headquarters in Miramar, Florida is shared with our Aviation segment and the square footage is included under the Aviation segment Leased square footage caption. | |||
We consider our facilities to be in good operating condition and sufficient to meet our operational needs for the foreseeable future.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.