SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Amendment No. 1
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended March 31, 1995 Commission File Number: 0-3676
VSE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 54-0649263
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
2550 Huntington Avenue
Alexandria, Virginia 22303-1499
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (703) 960-4600
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, par value $.05 per share
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was re-
quired to file such reports), and (2) has been subject to such filing require-
ments for the past 90 days. Yes [x] No [ ]
Number of shares of Common Stock outstanding as of May 1, 1995: 863,167.
VSE CORPORATION AND SUBSIDIARIES
PART II. Other Information
Item 6. Exhibits and Reports on Form 8-K.
(a) Exhibits.
Exhibit 27
(b) Reports on Form 8-K.
No current reports on Form 8-K were filed by the Registrant
during the three month period ended March 31, 1995.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has omitted all other items contained in "Part II. Other
Information" because such other items are not applicable or are not
required if the answer is negative or because the information required to
be reported therein has been previously reported.
<PAGE>
VSE CORPORATION AND SUBSIDIARIES
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
VSE CORPORATION
Date: July 19, 1995 C. S. Weber
C. S. Weber, Senior Vice President,
Secretary and Treasurer
(Principal Financial Officer)
Date: July 19, 1995 T. J. Corridon
T. J. Corridon, Vice President
and Director of Accounting
(Principal Accounting Officer)
The financial information included in this report reflects all known
adjustments normally determined or settled at year-end which are, in the
opinion of management, necessary to a fair statement of the results for
the interim periods. The accompanying note to consolidated financial
statements are an integral part of this report.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 4,302
<SECURITIES> 0
<RECEIVABLES> 9,910
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 2,233
<PP&E> 2,949
<DEPRECIATION> 0
<TOTAL-ASSETS> 21,422
<CURRENT-LIABILITIES> 8,029
<BONDS> 0
<COMMON> 97
0
0
<OTHER-SE> 12,349
<TOTAL-LIABILITY-AND-EQUITY> 21,422
<SALES> 16,155
<TOTAL-REVENUES> 16,155
<CGS> 15,277
<TOTAL-COSTS> 15,277
<OTHER-EXPENSES> 213
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 4
<INCOME-PRETAX> 661
<INCOME-TAX> 247
<INCOME-CONTINUING> 414
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 414
<EPS-PRIMARY> .48
<EPS-DILUTED> .48
</TABLE>
