11:13 AM EDT, 05/01/2025 (MT Newswires) -- VSE (VSEC) said Thursday it has acquired Turbine Weld Industries, a company specializing in maintenance, repair, and overhaul services for engine parts used in business and general aviation, for about $50 million in cash.

The purchase was funded using the company's existing credit facility, VSE said.

VSE shares were up more than 3% in recent trading.

Price: 118.25, Change: +3.83, Percent Change: +3.35