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EVP-100 VSE Consolidate Product & Technology Test

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EVP-100 exam Dumps Source : VSE Consolidate Product & Technology Test

Test Code : EVP-100
Test designation : VSE Consolidate Product & Technology Test
Vendor designation : EMC
exam questions : 133 existent Questions

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EMC VSE Consolidate Product

Why Dell EMC may circulate into Storage Acquisition Mode | killexams.com existent Questions and Pass4sure dumps

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Dell EMC midrange storage methods nudge a runt nearer | killexams.com existent Questions and Pass4sure dumps

Dell EMC these days launched working-device upgrades for its two main midrange storage arrays, and the vendor hinted...

it could possibly eventually converge the structures.

The storage market chief introduced facts protection and mobility aspects to solidarity operating environment (OE) four.four and competence and efficiency improvements to SC sequence operating device (SCOS) 7.three.

Dell's $60 billion-plus acquisition of EMC in 2016 left the mixed seller's original commerce IT division with diverse Dell EMC midrange storage systems. Dell EMC has resisted phasing out either of its two main midrange programs, the EMC team spirit and Dell SC (Compellent) manufacturers, despite calls from industry specialists to consolidate its product lineup.

both Dell EMC midrange storage product lines are sold as all-flash or hybrid arrays. The harmony line integrates obscure and file assist on a solitary array. It became launched in 2016 to supersede VNX and VNXe midrange home equipment. SC arrays supply a decrease-charge midrange option. Dell EMC is winding down pilot for its midrange P sequence storage arrays, previously referred to as Dell EqualLogic.

within the near time period, SC and solidarity will elope divorce working utility, besides the fact that children Dell EMC has hinted at plans to consolidate them on a solitary management platform. Foreshadowing viable consolidation is an HTML 5 administration interface and remote management delivered to SCOS, mirroring an analogous user interface in harmony OE versions.

"Product transitions fancy this achieve not chance overnight," spoke of Sean Kinney, a Dell EMC senior director of product marketing. "There may well breathe a next-generation platform at some aspect in the future, but it will breathe a nondisruptive migration course for everything of them."

The newest team spirit and SC improvements are nondisruptive to shoppers, Kinney said, which means the programs will tarry available everything through the enhancements.

Dell EMC's two leading midrange techniques focused different sets of valued clientele, eminent Eric Burgener, a research vice president for storage at IT analyst hard IDC.

"The SC sequence is based around the habitual twin controller, scale-up array design, while solidarity is greater of an internet-scale design. both items are aggressive with other midmarket offerings when it comes to efficiency, scalability, functionality and price, but the internet-scale design is probably the long run," allowing for more storage functionality to dwell in utility, Burgener mentioned.

"The SC sequence is for individuals that want more desirable cost for the funds and fancy the SCOS working atmosphere. this is captious because a lot of companies own to prance through an intensive requalification application to certify a original platform," Burgener talked about.

A solitary node of the SC sequence may likewise breathe more potent than a solitary node of harmony, he brought, "but that you may scale team spirit extra with ease by artery of just adding more solidarity nodes. solidarity is extra about information mobility from heterogeneous storage arrays and enhanced integration with the data core ecosystem of systems."

keeping both midrange home equipment ensures Dell EMC retains the gigantic SC establish in base, while progressively merging the two OSes, Burgener mentioned.

"there were extra changes within the administration GUI with this latest unencumber that achieve exactly that -- both GUIs seem greater alike," he added. "And both platforms now pilot the CloudIQ cloud-primarily based management dashboard, which wasn't on SC before."

team spirit bolsters data migration, replication and security

Dell EMC claims shipments of solidarity own passed 1 EB of raw glimmer competence due to the fact the product launched in 2016.

"We're seeing continued quarter-on-quarter adoption of flash, as [an increasing] percent of their complete storage capacity shipped with team spirit and SC. as the economics of glimmer Come extra in keeping with habitual spinning disk, further and further customers are saying, 'hiya, i'm going to depart along with all-flash,'" Kinney mentioned.

Product transitions fancy this achieve not ensue overnight. Sean Kinneysenior director of product advertising and marketing at Dell EMC

statistics insurance policy in team spirit OE four.four comprises MetroSync array-based mostly asynchronous and synchronous replication for transactional file applications. The office is in addition to cohesion's latest block-based replication. MetroSync makes it viable for disaster healing throughout long distances, using facts aggregation and distribution to hasten up statistics healing aims.

Dell EMC more suitable its SAN reproduction records mobility know-how to let purchasers migrate their storage to cohesion from other carriers' obscure arrays. The addition of two-means network facts administration Protocol helps to enhance NAS backup with the aid of disposing of the should depart throughout the network to attain backup servers.

Kinney said efficiency enhancements for Microsoft comprise energetic directory and lightweight listing entry Protocol to raise searchability and safety.

SC collection: Dell EMC midrange storage for 'expense-delicate' purchasers

SCOS 7.3 is based on re-engineered code that Dell EMC claims doubles the optimum IOPS of each SC array. The newest application boosts SC array performance by using at the least a hundred,000 IOPS on blended workloads, Kinney mentioned.

The SCOS supersede extends statistics-in-vicinity improvements to SC4020, which uses TLC NAND SSDs. The characteristic permits purchasers emigrate to more recent SC array fashions.

help for 25 Gigabit Ethernet and one hundred Gigabit Ethernet iSCSI has been made common on SC arrays. allotted economical on SC arrays can boost I/O efficiency and accelerate RAID rebuilds, Dell EMC noted.

in line with a record in June with the aid of analyst enterprise IDC, Dell EMC midrange storage improved its market share by artery of 4 percentage features over 2nd-area Hewlett Packard commercial enterprise in the first quarter of 2018. IDC estimated Dell EMC's first-quarter common storage techniques earnings at greater than $2 billion.

Dell EMC executives spoke of the quarter that resulted in March saw its first storage market share gains in view that the 2016 merger. Midrange storage income had been cited as a sore spot in previous quarters.


VMware’s ongoing reinvention | killexams.com existent Questions and Pass4sure dumps

VMware’s introduction of x86 server-virtualization technology became a game-changing event within the history of commerce computing. but when you study VMware’s corporate messaging these days, it’s just about as if server virtualization has been scrubbed from the lexicon. in its place, VMware highlights its multi-cloud ideas, utility-described information facilities, networking, hyperconverged infrastructures, protection, SD-WAN, containers, blockchain, IoT and greater.

So, what’s happening with VMware? if you created a virtually $6 billion industry, had more than seventy five% market share and did’t really face tons in the artery of direct competition, why now not simply hold doing what you’re doing? Is VMware simply making an attempt to latch onto the entire newest buzzwords, or is there a routine to the madness?

based on analysts, it’s been pellucid for a while that the server virtualization market is drawing near a saturation element. Gartner said that license revenues for x86 virtualization declined for the primary time ever within the first quarter of 2016, with most organizations reporting facts-middle virtualization stages of 75% or larger. And through 2017, Gartner declared the server-virtualization market so develope that it stopped doing its annual server-virtualization Magic Quadrant reviews altogether.

in the meantime, the possibility to VMware goes beyond organizations having virtualized pretty a lot each workload that may likewise breathe virtualized. In a bid to reduce capital expenditures and extend enterprise agility, businesses try to downsize their records facilities and shift current workloads to the cloud, either on SaaS structures or cloud infrastructure from AWS or Azure. And as businesses Come to a determination to prance cloud-native for everything original applications, they're turning to reducing-facet techniques fancy containerization, micro-capabilities and serverless computing, which don’t require a traditional VM.

in short, VMware is a traditional case of an organization dealing with the “innovator’s quandary,” in keeping with Jason Bloomberg, president of the analyst enterprise Intellyx. The determination boils everything the artery down to even if to simply maintain milking the money cow, or no matter if to are attempting to seize the next wave of innovation and expand into original markets, notwithstanding that could imply cannibalizing the simple profits flow.

VMware, through a clever compund of centered acquisitions and interior product development, has taken the innovation route, Bloomberg says, placing together an overarching “VMware far and wide” routine with a vast product portfolio designed to back organizations write, cozy, manage and optimize purposes anywhere they are located.

Or, as Chris Wolf, vp and CTO, world box and business, at VMware places it: “applications and facts are getting more and more allotted, with corporations working across a few data facilities, public cloud providers, fork workplaces, facet areas, and greater. Their strategy focuses on ensuring consistent infrastructure and constant operations anywhere apps and records can likewise reside and doing so whereas retaining a endemic developer journey.”

VMware expands virtualization within the facts core

Having pioneered x86 server virtualization, VMware set its sights on a broader achieve of virtualization alternatives in statistics middle infrastructure. “After software-defined compute, it become pellucid to us early on that the soar of application-described storage and network virtualization own been simplest a reckon of time,” Wolf says.

The company added vSAN storage virtualization in 2014, then used vSAN know-how as the core of its VxRail hyperconverged infrastructure (HCI) appliance. VMware leveraged the acquisition of Nicira into its NSX community virtualization and safety product. Armed with a totally integrated stack of virtualized compute, storage and networking applied sciences, VMware layered on management, automation and orchestration capabilities to create what it calls a software-described records middle. this is a particularly automated records-middle-as-a-carrier offering that can breathe deployed in a private-cloud, pubic-cloud or hybrid-cloud scenario.

but VMware wasn’t accomplished there. It bought AirWatch to lengthen utility and records administration, as well as security aspects, to end-user’s mobile devices. It bought SD-WAN seller VeloCloud to bring utility-described expertise to department workplaces that necessary to connect to the cloud. It greater its cloud administration capabilities with the concurrent purchases of CloudHealth technologies and Wavefront, which monitors cloud functions operating in containers. And it lately purchased Kubernetes participant Heptio as a Part of its strategy to permit DevOps teams to write applications on the platform of their option.

Forrester analyst Chris Gardner gives VMware inordinate marks for “no longer sitting on their laurels.” The prance into scorching original markets is showing consequences, he says, noting that the NSX commerce is already a gigantic contributor the company’s profits movement. And he talked about that VMware’s recent partnership with Amazon to tender application-described records facilities on AWS is an exhilarating construction with mighty extend advantage. With VMware Cloud on AWS, companies can migrate and prolong their on-prem VMware environments to the AWS naked-steel cloud infrastructure.

Gardner does warning that in its thrust to enhance original choices, VMware once in a while goes a bit too some distance. “They attend to own divorce solutions to every difficulty,” he says, which can likewise breathe puzzling to valued clientele. “We agree with software providers should breathe opinionated, to Come back to the table with a advice, now not a Cheesecake manufacturing facility menu,” Gardner says.

VMware has different challenges as smartly. with the aid of expanding into original markets, VMware faces absolutely original units of rivals. It’s going up against Nutanix within the HCI market, Cisco and Silver peak in SD-WAN, Cisco once again in the utility-defined networking (SDN) market, and Microsoft and IBM in cloud-equipment administration.

furthermore, analysts narrate VMware has been a runt late to the cloud and containerization parties, and its routine has now not everything the time been pellucid and consistent. for example, VMware at one factor tried to present its personal cloud platform but torpedoed that application and greater recently teamed with Amazon to present software-defined information centers on AWS. This makes it viable for organizations that own a VMware-primarily based data middle or inner most cloud to prolong that commercial enterprise-grade ambiance to the AWS bare-metallic cloud infrastructure with out a cumbersome lifting. similarly, VMware wants clients to elope containers internal its own digital machines, arguing that it will probably deliver a construction platform with the security, orchestration, integration and administration elements that businesses are cognizant of.

purchasers who spoke to network World narrate they're taking a practical approach to VMware’s impulsively increasing product traces, evaluating each and every original VMware offering on a case-by using-case foundation. They seem often pleased, even surprised at how smartly VMware has been capable of anticipate their evolving needs, and that they narrate VMware’s skill to combine its items gives it a leg up over factor solutions.

VMware purchasers grow into vSAN, NSX and SDDC

Ryan Fay, govt vice president and international CIO at ACI strong point benefits, started the usage of VMware’s virtualization products in the early 2000s when he become at a special company. “It’s been tantalizing to peer what VMware has been able to do,” he says. The company stuck with its core competency but persisted to innovate into original areas on the identical time, he says.

In 2009, Fay became employed at ACI, a company of company-merits programs, to steer a digital-transformation initiative. ACI had currently acquired four agencies, its information footprint become growing to breathe at 300% a yr, it had protection, compliance and statistics governance considerations, and the statistics core needed modernization.

step one was a basic server hardware consolidation application that led to the creation of forty,000 digital machines, a stream that saved the company an estimated 30 to 40 p.c in CAPEX fees per 12 months and helped with HIPAA and PCI compliance efforts.

When Fay desired to automate information core performance, VMware become there with its software-defined facts middle. When encryption for choice client records became a precedence, VMware had simply launched a brand original version of VSphere with built-in encryption. When his utility builders wanted to rush to containers, VMware had its Pivotal Container functions product.

And when VMware bought SD-WAN dealer VeloCloud, it simply so came about that Fay become already a customer. At one element, Fay says he went with an additional dealer for hyperconverged infrastructure however switched returned to VMware because its platform was the most develope and had essentially the most performance.

Fay says he appreciates other facets of his relationship with VMware. There is not any seller lock-in in terms of the underlying hardware. for instance, NSX plugged at once into his Cisco networking equipment. The result: “that you would breathe able to own community services virtualization pushed over any content material-distribution node you want, anyplace in the world. That was a paradigm shift, since you’re no longer simply managing the network, you’re the consume of it to drive innovation.”

Fay says he's conserving his eye on VMware’s cloud offering on AWS. The handiest aspect retaining him lower back presently from a full creation deployment is the shortcoming of availability zones. And he’s anticipating other VMware initiatives in areas of blockchain, aspect computing and 5G.

in a similar way, Adam Alicea, director of enterprise engineering at VITAS Heathcare Corp., began his relationship with VMware through a server virtualization project. Eight years in the past, when he joined the greatest hospice custody enterprise within the U.S., VITAS became relocating its records core from Miami to Smyrna, Ga., and his project was to migrate the company’s 70 purposes onto virtualized servers. After a 17-hour day, about 80 p.c of the business’s purposes – a lot of them mission-critical apps regarding affected person data – own been working on the virtualized infrastructure, he says. And the business’s footprint had been decreased from basically a full cage in a colocation facility to eleven server racks. these days, that’s everything the artery down to six racks.

4 years in the past, when the in-condominium electronic scientific records equipment became pushing the business’s SAN to the limit, Alicea switched to a VMware vSAN. Latency dropped from seconds to microseconds and the company realized a nearly 50 % discount in storage-hardware-acquisition prices. “all and sundry changed into wowed,” Alicea says, and he changed into given the eco-friendly gentle to develop and implement a five-yr project that included deployment of a full utility-defined statistics middle.

On the networking entrance, Alicea began re-designing the core network, stirring from Cisco gear to white-field switches working the Cumulus Linux OS, boosting the community spine from 10Gps to 40Gps and adopting a spine-leaf structure for improved resiliency.

The next step became adding VMware’s NSX, which built-in with the storage- and server-virtualization programs to deliver a solitary view of the entire statistics-middle stack. moreover, NSX provided network micro-segmentation for security, in addition to load balancing. “it everything made sense,” Alicea says.

he's working with VMware in different areas as well, enforcing virtual desktop infrastructure with VMware’s Horizon View know-how on NSX clusters. however he’s additionally sticking to the choicest-of-breed strategy. as an instance, after evaluating VMware’s SD-WAN expertise, he decided to persist with his current implementation.

VMware's Dell EMC connection, future plans

No dialogue of VMware can breathe comprehensive without point out of its a runt bit convoluted possession situation. Storage dealer EMC bought VMware in 2004 for $625 million and sold 15% of the commerce to the public by artery of an IPO. In 2016, Dell, which turned into then privately held, borrowed $sixty seven billion to buy EMC in a deal that stands as the greatest ever within the business. As Part of that transaction, Dell issued something called “tracking stock,” a divorce stock in response to VMware’s efficiency. Then, in December of 2018, Dell announced it was going public again and acquired back the VMware monitoring inventory.

None of these machinations show to own had a Great deal impress on the floor, in keeping with each analysts and valued clientele. Any efforts by using Dell to boost synergies between the companies can only breathe decent for shoppers, and these corporate adjustments haven’t slowed down VMware’s endured thrust into original markets. as an example, Dell just introduced an aggressive product roadmap for its HCI product line that facets VMware’s VxRail know-how.

And on the newest VMworld convention, the commerce announced a number of original initiatives. project Dimension is a managed provider in an application to deliver utility-described statistics-core infrastructure- and hardware-as-a-service to on-premises and edge locations. undertaking Magna is aimed at leveraging synthetic intelligence and laptop discovering to build self-optimizing digital infrastructures. And mission concord is VMware’s blockchain initiative. 

however there is at everything times a concern that if debt-encumbered Dell hits just a few uneven quarters, it might scale lower back original -echnology investments at VMware.

up to now, youngsters, the common strategy seems to breathe working. profits for the newest quarter changed into $2.2 billion, up 14% from the selfsame quarter of the outdated year, and the company improved its full-12 months revenue projections to well-nigh $eight.9 billion. Quarterly income of $1.fifty six a share beat analyst estimates. And VMware stock, which dipped to a low of round $50 a share in 2016, is now above $150 a share.

trade analysts are impressed. Forrester listed VMware’s HCI providing as one of the vital leaders in the quick-starting to breathe “records core in a field” market. IDC says VMware is the market leader in cloud management application at more than $900M in annual salary, and is the market leader a brand original class called IT automation and configuration administration. And Gartner puts VMware in a leadership position in WAN district expertise.

Wolf, not particularly, is bullish on VMware’s future:

“We should breathe international leaders in infrastructure, networking, statistics management, conclusion-user computing, and they can revolutionize how applications and records are secured. they will empower consumers to bewitch open supply tasks into production, featuring the reliability, scalability and operational consistency they require. eventually, they are expecting to proceed to breathe a tremendous drive in cloud operations and management.”

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VSE Consolidate Product

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VSE Reports pecuniary Results for Second Quarter 2018 | killexams.com existent questions and Pass4sure dumps

ALEXANDRIA, Va.--(BUSINESS WIRE)--

Federal Group Revenue Declines; Aviation Group Increases

VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated pecuniary results for the second quarter of 2018.

CEO Commentary

"We continue to savor a reduction in revenue from their Federal Services Group; however, constrict backlog improved at the terminate of the second quarter. They are attaining encouraging results from their strategic efforts in their Aviation Group. Their Singapore operation began generating revenue in the second quarter as they extend original product lines to original geographic and end-user markets,” said Maurice “Mo” Gauthier, VSE CEO.

Mr. Gauthier continued, “Our Supply Chain Management Group’s revenue decreased slightly due to a reduction of parts ordered by the U.S. Postal Service, which was partially offset by increases in commercial and DoD revenue during the second quarter. Their Supply Chain Management Group has experienced double digit growth in both the commercial and DoD markets and they will continue to focus on these key markets.”

 

Second Quarter Results (unaudited)

  (in thousands, except per share data)       Three months ended June 30, Six months ended June 30, 2018   2017   % Change 2018   2017   % Change Revenues $ 170,394 $ 193,860 (12.1 )% $ 347,291 $ 391,154 (11.2 )% Operating income $ 13,855 $ 15,005 (7.7 )% $ 25,448 $ 29,201 (12.9 )% Net income $ 8,751 $ 7,807 12.1 % $ 15,803 $ 15,100 4.7 % EPS (Diluted) $ 0.80 $ 0.72 11.1 % $ 1.45 $ 1.39 4.3 %  

Operational Highlights

  • Our Aviation Group’s subsidiary, VSE Aviation Singapore Pte Ltd., was appointed a Honeywell Asia Pacific distributor for Boeing 777 and 737 display units.
  • VSE Aviation Inc. has signed a constrict with El Colono of Costa Rica for the overhaul of eight PT6A-34AG turboprop engines. This application has an 18-month era of performance and a total value of approximately $2.2 million.
  • VSE Aviation Singapore Pte Ltd. was appointed a BendixKing distributor for the Asia Pacific region to supply a wide achieve of avionics, flight controls, display units and installation kits.
  • Our Federal Services Group was awarded several delivery orders in the latter Part of the second quarter by the Naval Sea Systems Command (NAVSEA) International Fleet back Program Office to provide back under its exotic Military Sales (FMS) contract. The periods of performance for these delivery orders achieve between 10 and 21 months, and own a combined funded value of approximately $29 million.
  • Financial Information

    Revenues were $170.4 million in the second quarter of 2018 compared to $193.9 million in the second quarter of 2017. For the first six months, revenues were $347.3 million in 2018 compared to $391.2 million in 2017. These decreases were primarily attributable to a reduction in toil in their Federal Services Group.

    Operating income was $13.9 million for the second quarter of 2018 compared to $15.0 million in the second quarter of 2017. For the first six months, operating income was $25.4 million in 2018 and $29.2 million in 2017. The operating income subside was primarily attributable to revenue decreases in their Federal Services Group and lower U.S. Postal Service revenues in their Supply Chain Management Group, which was partially offset by a revenue extend for the Aviation Group.

    Net income was $8.8 million for the second quarter of 2018, or $0.80 per diluted share, compared to $7.8 million, or $0.72 per diluted share for the second quarter of 2017. Net income was $15.8 million for the first six months of 2018, or $1.45 per diluted share, compared to $15.1 million, or $1.39 per diluted share for the first six months of 2017. The extend in net income was due to the enactment of the Tax Cuts and Jobs Act in December 2017, which reduced the federal income tax rate from 35% to 21% efficient January 1, 2018.

    Bookings in their Federal Services Group were $189 million for the first six months of 2018 compared to revenue for this group of $169 million. Funded constrict backlog at June 30, 2018 was $338 million, compared to $261 million at March 31, 2018 and $386 million at June 30, 2017.

    Non-GAAP pecuniary Information

    The non-GAAP pecuniary Information (unaudited) listed below is not calculated in accordance with U.S. generally accepted accounting principles ("GAAP") under SEC Regulation G. They consider EBITDA a non-GAAP pecuniary measure and an vital indicator of performance and useful metric for management and investors to evaluate their business' ongoing operating performance on a consistent basis across reporting periods. EBITDA should not breathe considered in isolation or as a substitute for performance measures prepared in accordance with GAAP.

    EBITDA represents net income before interest expense, income taxes, amortization of intangible assets and depreciation and other amortization.

                 

    Non-GAAP pecuniary Information (unaudited)

      (in thousands) Three Month Results Six Month Results 2018 2017

    %Change

    2018 2017

    %Change

    Net Income $ 8,751 $ 7,807 12 % $ 15,803 $ 15,100 5 % Interest Expense 2,182 2,376 (8 )% 4,357 4,811 (9 )% Income Taxes 2,922 4,822 (39 )% 5,288 9,290 (43 )% Amortization of Intangible Assets 4,004 4,004 0 % 8,008 8,008 0 % Depreciation and Other Amortization 2,235 2,489 (10 )% 4,715 5,196 (9 )% EBITDA $ 20,094 $ 21,498 (7 )% $ 38,171 $ 42,405 (10 )%  

    Capital Expenditures

    Purchases of property and equipment were $1.9 million for the first six months of 2018 compared to $1.3 million for the first six months of 2017.

    About VSE

    Established in 1959, VSE is a diversified products and services company providing logistics solutions with integrity, agility, and value. VSE is dedicated to making their federal and commercial clients successful by delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement, and program management, and providing energy, IT, and consulting services. For additional information regarding VSE services and products, please discern the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.

    Please refer to the shape 10-Q that will breathe filed with the Securities and Exchange Commission (SEC) on or about July 27, 2018 for more details on their 2018 second quarter results. Also, refer to VSE’s Annual Report on shape 10-K for the year ended December 31, 2017 for further information and analysis of VSE’s pecuniary condition and results of operations. VSE encourages investors and others to review the detailed reporting and disclosures contained in VSE’s public filings for additional discussion about the status of customer programs and constrict awards, risks, revenue sources and funding, dependence on material customers, and management’s discussion of short and long term commerce challenges and opportunities.

    Story continues

    Safe Harbor

    This news release contains statements that to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. everything such statements are intended to breathe matter to the safe harbor protection provided by applicable securities laws. For discussions identifying some vital factors that could intuition actual VSE results to disagree materially from those anticipated in the forward looking statements in this news release, discern VSE’s public filings with the SEC.

        VSE Corporation and Subsidiaries  

    Unaudited Consolidated balance Sheets

    (in thousands except share and per share amounts)

      June 30, December 31, 2018 2017 Assets Current assets: Cash and cash equivalents $ 624 $ 624 Receivables, net 54,629 55,760 Unbilled receivables, net 37,955 42,577 Inventories, net 164,390 132,591 Other current assets 13,551 16,988 Total current assets 271,149 248,540   Property and equipment, net 52,670 55,146 Intangible assets, net 102,901 110,909 Goodwill 198,622 198,622 Other assets 15,401 15,796 Total assets $ 640,743 $ 629,013   Liabilities and Stockholders' equity Current liabilities: Current portion of long-term debt $ 9,468 $ 6,960 Accounts payable 57,648 66,015 Accrued expenses and other current liabilities 32,619 40,243 Dividends payable 870 759 Total current liabilities 100,605 113,977   Long-term debt, less current portion 171,857 165,614 Deferred compensation 18,028 16,323 Long-term lease obligations, less current portion 19,765 20,581 Deferred tax liabilities 19,172 19,423 Total liabilities 329,427 335,918   Commitments and contingencies Stockholders' equity: Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 10,881,106 and 10,838,747, respectively 544 542 Additional paid-in capital 26,490 24,470 Retained earnings 283,767 267,902 Accumulated other comprehensive income 515 181 Total stockholders' equity 311,316 293,095 Total liabilities and stockholders' equity $ 640,743 $ 629,013       VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Income

    (in thousands except share and per share amounts)

      For the three months ended For the six months ended June 30, June 30, 2018   2017 2018   2017 Revenues: Products $ 90,119 $ 89,254 $ 178,792 $ 178,271 Services 80,275   104,606   168,499   212,883 Total revenues 170,394 193,860 347,291 391,154   Costs and operating expenses: Products 75,834 74,222 150,560 148,928 Services 75,971 100,150 161,726 204,094 Selling, generic and administrative expenses 730 479 1,549 923 Amortization of intangible assets 4,004   4,004   8,008   8,008 Total costs and operating expenses 156,539   178,855   321,843   361,953   Operating income 13,855 15,005 25,448 29,201   Interest expense, net 2,182   2,376   4,357   4,811   Income before income taxes 11,673 12,629 21,091 24,390   Provision for income taxes 2,922   4,822   5,288   9,290   Net income $ 8,751   $ 7,807   $ 15,803   $ 15,100   Basic earnings per share $ 0.80   $ 0.72   $ 1.45   $ 1.39   Basic weighted tolerable shares outstanding 10,881,106   10,838,435   10,870,887   10,830,595   Diluted earnings per share $ 0.80   $ 0.72   $ 1.45   $ 1.39   Diluted weighted tolerable shares outstanding 10,918,927   10,861,769   10,907,777   10,855,632   Dividends declared per share $ 0.08   $ 0.07   $ 0.15   $ 0.13     VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Cash Flows

    (in thousands)

      For the six months ended June 30, 2018   2017 Cash flows from operating activities: Net income $ 15,803 $ 15,100 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 12,723 13,204 Deferred taxes (888 ) (974 ) Stock-based compensation 1,676 1,464 Changes in operating assets and liabilities: Receivables, net 1,131 6,412 Unbilled receivables, net 9,604 13,861 Inventories, net (34,352 ) 528 Other current assets and noncurrent assets 4,227 9,725 Accounts payable and deferred compensation (6,164 ) (39,511 ) Accrued expenses and other current liabilities (6,568 ) (105 ) Long-term lease obligations (816 ) (667 )   Net cash (used in) provided by operating activities (3,624 ) 19,037     Cash flows from investing activities: Purchases of property and equipment (1,880 ) (1,252 ) Proceeds from the sale of property and equipment 46   400     Net cash used in investing activities (1,834 ) (852 )   Cash flows from financing activities: Borrowings on loan agreement 359,554 181,673 Repayments on loan agreement (349,534 ) (197,142 ) Payment of debt financing costs (1,692 ) — Payments on capital lease obligations (707 ) (627 ) Payments of taxes for equity transactions (641 ) (500 ) Dividends paid (1,522 ) (1,300 )   Net cash provided by (used in) financing activities 5,458   (17,896 )   Net (decrease) extend in cash and cash equivalents — 289 Cash and cash equivalents at genesis of period 624   428   Cash and cash equivalents at terminate of period $ 624   $ 717    

    View source version on businesswire.com: https://www.businesswire.com/news/home/20180726006003/en/


    VSE Corporation Acquires Integrated Concepts and Research Corporation | killexams.com existent questions and Pass4sure dumps

    Acquisition Builds on Growth Strategy

    ALEXANDRIA, Va., June 4 / -- VSE Corporation (NASDAQ:VSEC) announced today that it has acquired Integrated Concepts and Research Corporation (ICRC) of Alexandria, Virginia. The purchase expense was approximately $11.6 million in cash, with the potential for additional payments of up to approximately $5.8 million if inescapable pecuniary targets are met during the next six years. For the year ended March 31, 2007, ICRC recorded revenues of approximately $59 million and net income of approximately $1.5 million (unaudited).

    ICRC is a diversified technical and management services company principally serving the U.S. Government market. The company's core expertise lies in information technology, advanced vehicle technology, aerospace, engineering and transportation infrastructure. ICRC combines industry expertise with a strong track record in project management, research, testing, analysis, purchasing, and implementation.

    ICRC is an established information technology provider to the U.S. Army Corps of Engineers and the companionable Security Administration. ICRC was on the government team that recently won the Army Corps of Engineers A-76 competition that outsourced everything the Corps' Information management and technology work. ICRC has developed sophisticated integrated vehicle systems for the Army such as the SmarTruck(TM) and everything terrain vehicles for Special Operations Command. ICRC has likewise been in the forefront of the federal R&D on alternative fuels, in particular, cleanly diesel fuel made using the Fischer-Tropsch process.

    The ICRC corporate office is in Alexandria, Virginia, with offices in Chantilly, Virginia; Detroit, Michigan; Huntsville, Alabama; Vicksburg, Mississippi; and Anchorage, Alaska. For more information on ICRC, please discern the ICRC web site at www.icrcsolutions.com/ .

    VSE Chairman, President and CEO/COO Don Ervine said, "The acquisition of ICRC is consistent with their growth strategy to expand their presence in the markets they serve. ICRC is a well managed, diversified and profitable company. This combination provides VSE with an break to expand and diversify its commerce ground across a number of project areas including smart vehicles, alternate fuels, large-scale port engineering development and security, and information technology services. The acquisition brings 200 employees to their staff, and it adds momentum to their strategic project for growth and increasing profitability. ICRC has several long-term contracts, and they are working together on original bidding opportunities where they can combine and leverage their strengths. They await the acquisition to create original opportunities between ICRC and their other VSE divisions and subsidiaries."

    ICRC President and CEO Jim Lexo said, "We are excited about the break to continue their growth with VSE. They share common goals with VSE, and in some instances, they back different programs for the selfsame or similar customers. They discern this acquisition as very positive for ICRC, their employees, and customers."

    Established in 1959, VSE is a diversified professional services company providing engineering, systems integration, scientific, and management solutions to customers in the defense, homeland security, law enforcement, energy, and environmental industries at locations and facilities across the United States and around the world. For the year December 31, 2006, VSE reported consolidated revenues of $363.7 million and earnings of $7.8 million ($3.21 per diluted share).

    For more information on VSE services and products, please discern the Company's web site at www.vsecorp.com/ or contact Len Goldstein, Director of commerce and original Product development at (703) 317-5202.

    Source: VSE Corporation

    CONTACT:C. S. Weber, CAO for VSE Corporation, +1-703-329-4770

    Web site: www.vsecorp.com/http://www.icrcsolutions.com/

    Related Thomas Industry Update Thomas For Industry

    VSE Reports pecuniary Results for Third Quarter 2015 | killexams.com existent questions and Pass4sure dumps

    ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated pecuniary results for its third fiscal quarter ended September 30, 2015.

            (in thousands, except per share data)   Third Quarter Results Nine Month Results 2015   2014   % Change 2015   2014   % Change Revenues $137,396   $101,749   35.0% $389,313   $329,120   18.3% Operating income $13,243   $7,183   84.4% $35,423   $29,243   21.1% Net income $6,474   $3,883   66.7% $17,173   $15,202   13.0% EPS (Diluted) $1.20   $0.72   66.7% $3.19   $2.83   12.7%  

    “Our improved operating results this quarter are a result of the execution of their long term strategy to expand their logistics services and product offerings to a more diverse customer base,” said Maurice “Mo” Gauthier, VSE CEO. “The successful performance of their Supply Chain Management Group and the inclusion of their aviation maintenance, repair and overhaul (MRO) and parts supply and distribution businesses acquired on January 28, 2015 (Aviation Group) are the primary drivers behind their revenue and profit growth in 2015. They own likewise increased bookings in their Federal Government markets in September to provide further momentum going forward. Overall, they own experienced modest organic revenue growth on a quarterly basis compared to the selfsame quarter of the previous year.”

    Revenues were $137 million in the third quarter of 2015 compared to $102 million in the third quarter of 2014. For the first nine months, revenues were $389 million in 2015 compared to $329 million in 2014. The increases were primarily due to the addition of commercial revenue from their Aviation Group and increases from their Supply Chain Management Group.

    Operating income was $13.2 million for the third quarter of 2015 compared to $7.2 million in the third quarter of 2014. For the first nine months, operating income was $35 million in 2015 compared to $29 million in 2014. The increases in operating income were primarily attributable to the increases in their revenues. Differences in the amount of expense related to adjustments to earn-out obligations associated with their Wheeler Bros., Inc. and Aviation Group acquisitions likewise contributed to the operating income increases. Earn-out obligation expense for 2015 was approximately $508 thousand for the third quarter and $1 million for the nine months, compared to approximately $2 million for the third quarter and $2.8 million for the nine months for 2014.

    Net income was $6.5 million for the third quarter of 2015, or $1.20 per diluted share, compared to $3.9 million, or $0.72 per diluted share for the third quarter of 2014. Net income was $17.2 million for the first nine months of 2015, or $3.19 per diluted share, compared to $15.2 million, or $2.83 per diluted share for the first nine months of 2014.

    Net cash provided by operating activities was $18.5 million for the first nine months of 2015, compared to $3.9 million for the first six months of 2015. The $14.6 million of cash from operating activities in the third quarter was used primarily to execute their final earn-out payment of approximately $10 million related to their Wheeler Bros., Inc. acquisition and an earn-out payment of $5 million related to their Aviation Group acquisition.

    Our disclosure relative to bookings and funded constrict backlog comprise only their Federal Services and IT, Energy and Management Consulting groups. Bookings were $184 million for the first nine months of 2015 compared to revenue of $157 million for the selfsame period. Funded constrict backlog at September 30, 2015 was $214 million, compared to $176 million at June 30, 2015 and $192 million at September 30, 2014.

    Non-GAAP pecuniary Information (Unaudited)

                For the third quarter and nine-month periods ended September 30, 2015 (in thousands) Third Quarter Results   Nine Month Results 2015   2014   % Change   2015   2014   % Change Net Income $ 6,474 $ 3,883 67 % $ 17,173 $ 15,202 13 % Interest Expense 2,441 871 180 % 7,001 3,158 122 % Income Taxes 4,328 2,425 78 % 11,249 9,985 13 % Depreciation and Amortization (1)   6,437     4,720   36 %     19,215     14,274   35 % EBITDA 19,680 11,899 65 % 54,638 42,619 28 % Earn Out Adjustments Expense 508 1,971 -74 % 1,035 2,758 -62 % Acquisition Transaction Costs   75     277   -73 %     488     277   76 % Adjusted EBITDA $ 20,263   $ 14,147   43 %   $ 56,161   $ 45,654   23 %     (1) Amortization Expense from Acquisitions Included Above $ 4,162 $ 2,628 58 % $ 12,280 $ 7,885 56 %  

    EBITDA was $19.7 million for the third quarter and $54.6 million for the first nine months of 2015, compared to $11.9 million for the third quarter and $42.6 for the first nine months of 2014. Adjusted EBITDA was approximately $20.3 million for the third quarter and approximately $56.2 for the first nine months of 2015, compared to approximately $14.1 million for the third quarter and approximately $45.7 million for the first nine months of 2014.

    Third Quarter Operational Highlights

  • Revenues from their Supply Chain Management Group, which provides supply chain back for truck fleets, increased by 13% for the first nine months of 2015 as compared to the selfsame era of 2014.
  • Our combined Federal Services and IT, Management and Consulting groups had increased bookings in the third quarter, resulting in a engage to bill of approximately 1.2 for the first nine months of 2015. The engage to bill is a ratio of the bookings of $184 million divided by the revenues of $157 million for the nine-month period.
  • Our Federal Services Group was recently awarded a hard Fixed expense (FFP) assignment order under its SeaPort-e constrict vehicle to provide technical, maintenance and test back to the U.S. Marine Corps Systems Command in Quantico, VA. This assignment order has a era of performance that includes a six-month ground era and four one-year options with a total value of $37 million. This award represents an extend in constrict value, scope, and capabilities to toil currently performed by VSE.
  • In September, their Federal Services Group received several delivery orders totaling more than $27.9 million to continue toil under its exotic Military Sales (FMS) Naval Ship Transfer and Repair (N*STAR) constrict through the Naval Sea Systems Command (NAVSEA) International Fleet back Program.
  • Our Energetics subsidiary was awarded two subcontracts through the U.S. Department of Energy (DOE) National Nuclear Security Administration (NNSA) Technical, Engineering & Programmatic back Services Blanket Purchase Agreement. The two assignment order awards consist of technical and program management back for DOE Office of International Affairs and for the DOE Office of Energy Policy and Systems Analysis. The assignment orders own a three-year era of performance and a total combined estimated value to Energetics of $7 million.
  • About VSE

    Established in 1959, VSE is a diversified logistics and services company with savor in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making their federal and commercial clients successful by delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement, program management, energy, IT, and consulting services. For additional information regarding VSE services and products, please discern the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.

    Please refer to VSE’s Annual Report on shape 10-K for the year ended December 31, 2014 and subsequent reports filed with the Securities and Exchange Commission (“SEC”) for further information and analysis of VSE’s pecuniary condition and results of operations. VSE encourages investors and others to review the detailed reporting and disclosures contained in VSE’s public filings for additional discussion about the status of specific customer programs and constrict awards, risks, revenue sources and funding, dependence on material customers, and management’s discussion of short and long term commerce challenges and opportunities.

    Non-GAAP pecuniary Information

    This earnings release contains pecuniary measures above under the caption “Non-GAAP pecuniary Information” that are not calculated in accordance with U.S. generally accepted accounting principles ("GAAP") under SEC Regulation G, including EBITDA and Adjusted EBITDA. EBITDA represents net income before net interest, income taxes and depreciation and amortization. Adjusted EBITDA represents EBITDA, as defined above, adjusted for earn-out expenses and other transaction costs associated with acquisitions. VSE prepares adjusted pecuniary measures to liquidate the impact of items it does not consider indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature.

    We own included a discussion on EBITDA and Adjusted EBITDA in this press release, which are non-GAAP pecuniary measures. They believe that these supplemental performance measures provide another basis for comparing era to era results by excluding potential differences caused by non-operational and unusual or non-recurring items. EBITDA and Adjusted EBITDA are not measures of pecuniary performance under GAAP and should not breathe considered as an alternative to any other performance measure derived in accordance with GAAP. This information is not audited.

    Safe Harbor

    This news release contains statements that to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. everything such statements are intended to breathe matter to the safe harbor protection provided by applicable securities laws. For discussions identifying some vital factors that could intuition actual VSE results to disagree materially from those anticipated in the forward looking statements in this news release, discern VSE’s public filings with the SEC.

        VSE Corporation and Subsidiaries   Unaudited Consolidated balance Sheets           (in thousands except share and per share amounts)     September 30, December 31,   2015     2014   Assets Current assets: Cash and cash equivalents $ 194 $ 263 Receivables 75,762 59,391 Inventories 113,728 49,363 Deferred tax assets 4,897 1,834 Other current assets   10,635     11,517   Total current assets 205,216 122,368   Property and equipment, net 65,237 52,911 Intangible assets, net 153,640 72,209 Goodwill 184,384 92,052 Other assets   16,212     15,790   Total assets $ 624,689   $ 355,330     Liabilities and Stockholders’ Equity Current liabilities: Current portion of long-term debt $ 16,620 $ 24,837 Accounts payable 36,677 29,424 Current portion of earn-out obligation 9,038 9,455 Accrued expenses and other current liabilities 26,101 23,245 Dividends payable   -     536   Total current liabilities 88,436 87,497   Long-term debt, less current portion 228,214 23,563 Deferred compensation 10,905 12,563 Long-term lease obligations, less current portion 23,635 24,584 Earn-out obligation, less current portion 12,576 - Deferred income taxes   38,767     1,634   Total liabilities   402,533     149,841     Commitments and contingencies   Stockholders’ equity: Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 5,374,863 and 5,358,261 respectively 269 268 Additional paid-in capital 21,597 20,348 Retained earnings 200,916 184,873 Accumulated other comprehensive loss   (626 )   -   Total stockholders’ equity   222,156     205,489   Total liabilities and stockholders’ equity $ 624,689   $ 355,330       The accompanying notes are an integral Part of these unaudited consolidated pecuniary statements.             VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Income           (in thousands except share and per share amounts)   For the three months For the nine months ended September 30, ended September 30,   2015     2014     2015     2014     Revenues: Products $ 83,644 $ 44,567 $ 233,603 $ 127,550 Services   53,752     57,182     155,710     201,570   Total revenues 137,396 101,749 389,313 329,120   Contract costs: Products 72,371 36,440 200,531 103,223 Services   51,281     56,948     150,741     194,257   Total constrict costs 123,652 93,388 351,272 297,480   Selling, generic and administrative expenses   501     1,178     2,618     2,397     Operating income 13,243 7,183 35,423 29,243   Interest expense, net   2,441     871     7,001     3,158     Income before income taxes 10,802 6,312 28,422 26,085   Provision for income taxes   4,328     2,425     11,249     9,985     Income from continuing operations 6,474 3,887 17,173 16,100   Loss from discontinued operations, net of tax   -     (4 )   -     (898 )   Net income $ 6,474   $ 3,883   $ 17,173   $ 15,202     Basic earnings per share: Income from continuing operations $ 1.20 $ 0.73 $ 3.20 $ 3.01 Loss income from discontinued operations   -     -     -     (0.17 ) Net income $ 1.20   $ 0.73   $ 3.20   $ 2.84     Basic weighted tolerable shares outstanding   5,374,863     5,355,968     5,373,159     5,353,065     Diluted earnings per share: Income from continuing operations $ 1.20 $ 0.72 $ 3.19 $ 3.00 Loss from discontinued operations   -     -     -     (0.17 ) Net income $ 1.20   $ 0.72   $ 3.19   $ 2.83     Diluted weighted tolerable shares outstanding   5,396,174   5,371,995     5,389,129   5,368,224     Dividends declared per share $ - $ -   $ 0.21 $ 0.19      

    The accompanying notes are an integral Part of these unaudited consolidated pecuniary statements.

        VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Cash Flows     (in thousands)   For the nine months ended September 30,   2015     2014   Cash flows from operating activities: Net income $ 17,173 $ 15,202

    Adjustments to reconcile net income to net cash provided by operating activities:

    Depreciation and amortization 19,215 14,274 Deferred taxes (1,400 ) 2,551 Stock-based compensation 1,698 1,610 Earn-out obligation adjustment 1,035 2,758 Changes in operating assets and liabilities, net of impact of acquisition: Receivables, net (5,267 ) 14,548 Inventories (8,821 ) (7,672 ) Other current assets and noncurrent assets 4,110 (2,560 ) Accounts payable and deferred compensation (3,235 ) 2,429 Accrued expenses and other current liabilities (1,811 ) (2,587 ) Earn-out obligation (3,269 ) - Long-term lease obligations   (926 )   (835 )   Net cash provided by operating activities   18,502     39,718     Cash flows from investing activities: Purchases of property and equipment (7,819 ) (2,725 ) Proceeds from the sale of property and equipment 273 - Cash paid for acquisitions, net of cash acquired   (191,181 )   -     Net cash used in investing activities   (198,727 )   (2,725 )   Cash flows from financing activities: Borrowings on loan arrangement 435,377 210,552 Repayments on loan arrangement (238,071 ) (243,023 ) Earn-out obligation payments (11,713 ) (1,972 ) Payment of debt financing costs (2,699 ) - Payments on capital lease obligations (730 ) (629 ) Payments of taxes for equity transactions (342 ) (314 ) Dividends paid   (1,666 )   (1,499 )   Net cash provided by (used in) financing activities   180,156     (36,885 )     Net (decrease) extend in cash and cash equivalents (69 ) 108 Cash and cash equivalents at genesis of period   263     220   Cash and cash equivalents at terminate of period $ 194   $ 328      

    The accompanying notes are an integral Part of these unaudited consolidated pecuniary statements.



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