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VSE CORP

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 3, 2025

VSEC$189.61+9.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

TABLE OF CONTENTS
Page
PART I
ITEM 1Business5
ITEM 1ARisk Factors9
ITEM 1BUnresolved Staff Comments14
ITEM 1CCybersecurity14
ITEM 2Properties15
ITEM 3Legal Proceedings15
ITEM 4Mine Safety Disclosures16
PART II
ITEM 5Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities16
ITEM 6[Reserved]18
ITEM 7Management's Discussion and Analysis of Financial Condition and Results of Operations19
ITEM 7AQuantitative and Qualitative Disclosures About Market Risks25
ITEM 8Financial Statements and Supplementary Data27
ITEM 9Changes in and Disagreements with Accountants on Accounting and Financial Disclosure60
ITEM 9AControls and Procedures60
ITEM 9BOther Information62
ITEM 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections62
PART III
ITEM 10Directors, Executive Officers and Corporate Governance62
ITEM 11Executive Compensation62
ITEM 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters62
ITEM 13Certain Relationships and Related Transactions, and Director Independence62
ITEM 14Principal Accountant Fees and Services62
PART IV
ITEM 15Exhibits and Financial Statement Schedules63
Exhibits65
Signatures67

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Forward Looking Statements

This Annual Report on Form 10-K ("Form 10-K") 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 (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). 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 include this statement 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 our expectations or beliefs, including, but not limited to, statements concerning our 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, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, those identified in Item 1A, "Risk Factors” in this Form 10-K. All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized.

Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that occur or arise after the date hereof.

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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.