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ICRC Continues Work on Port of Anchorage Intermodal Expansion Project
New Maritime Administration Contract Extends ICRC Work through 2015
ALEXANDRIA, VA – August 4, 2008 –
Integrated Concepts and Research Corporation (ICRC), a wholly owned subsidiary of VSE Corporation (NasdaqGM: VSEC), announced a recent contract award from the U.S.
Department of Transportation Maritime Administration to continue program management services on the Port of Anchorage Intermodal Expansion Project through scheduled
completion in 2015. As one of the nation’s strategic ports, the Port of Anchorage intermodal expansion project has been identified as a project of national significance
within the Department of Transportation and is one of the largest single construction projects undertaken in Anchorage, AK.
The Port of Anchorage serves 80% of the State of Alaska’s population and supplies 90% of Alaska’s consumer goods, including distribution to Anchorage and the surrounding
communities, the North Slope, the Kenai Peninsula, the Aleutian chain, and bush communities
The Port expansion project is a major infrastructure development effort with a projected budget in excess of $700 million. The project, which was begun in 2003, will
double the size of the Port’s real estate; provide state-of-the-art container cranes, a new rail connection to the Alaskan Railroad, and new road access; and facilitate
direct access for the Stryker Brigade as well as other military deployments.
Under the contract, ICRC is responsible for all program management and purchasing activities required to complete the design and construction of the Port’s
redevelopment. ICRC services include land use planning and platting, design and design management, construction and construction management, environmental management
and permitting, project controls, public outreach, stakeholder relations, health and safety compliance, information technology, QA/QC oversight, and commissioning.
ICRC has a strong track record in program management services and has provided these services to the Maritime Administration at the Port of Anchorage for over four
years. Since 2003 ICRC has managed the development of 152 acres of new real estate with a new 7,700 foot bulkhead resulting in nine dedicated berths for industrial commercial
use and support for rapid military deployment from Alaska’s bases. Additionally, the company has provided a wide range design, reconfiguration, and reconstruction of backlands
operations, as well as the development of an intermodal rail yard to facilitate a train-sea shipping interchange.
“We are excited about the opportunity to extend our program management services for the Maritime Administration and the Port of Anchorage,” said ICRC President Carl Williams. “This is an important project that will improve the lives of all Alaskans.”
VSE CEO/President/COO Mo Gautier said, “This new contract represents a major milestone in establishing VSE in a market driven by the national need to improve and expand our transportation infrastructure.”
ICRC is a diversified technical and management services company serving the government market. The company’s core expertise lies in engineering and transportation infrastructure, information technology, advanced vehicle technology, and aerospace engineering. ICRC combines industry expertise with a strong track record in project management, research, testing, analysis, purchasing and implementation. The company’s corporate office is located in Alexandria, VA, and it also maintains offices in Chantilly, VA; Sterling Heights, MI; Huntsville, AL; and Anchorage, AK. For more information about ICRC’s services and products, please see ICRC’s web site at
www.ICRCsolutions.com or contact Corporate Vice President Kevin Mulrenin at (586) 799-1795.
Established in 1959, VSE is a diversified professional services company providing engineering and consulting services, systems integration, infrastructure support, and information technology management and solutions, principally to agencies of the United States Government and other government prime contractors at locations across the United States and around the world. For more information on VSE services and products, please see the Company’s web site at
www.vsecorp.com or contact Len Goldstein, Director of Business and New Product Development at (703) 317-5202.
Safe Harbor
This news release contains statements which, to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE’s public filings with the Securities and Exchange Commission.
VSE News Contact: C. S. Weber, CAO, (703) 329-4770 |
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