VSE Corporation (VSEC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript

SA Transcripts158.48K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call VSE Corporation (VSEC) Citi's Global Industrial Tech & Mobility Conference 2026 February 18, 2026 3:30 PM EST Company Participants John Cuomo - CEO, President & DirectorAdam Cohn - Chief Financial Officer Conference Call Participants John Godyn - Citigroup Inc., Research Division Presentation John GodynCitigroup Inc., Research Division We're very pleased to have the CEO of VSE Corporation. John, thank you for being with us today. John CuomoCEO, President & Director Thanks for having us. Question-and-Answer Session John GodynCitigroup Inc., Research Division For us, we've described VSE as an aerospace compounder with a long M&A runway. And I feel like you've been delivering on that thesis faster than we ever expected. We've got this recent PAG deal, should expand revenue quite significantly. I wanted to dig into that a bit more, but I think a great place to start is maybe just giving an overview, anybody that's new to the story, how did you find PAG? What is the asset and what's so compelling about it? John CuomoCEO, President & Director Sure. Yes. I mean I appreciate the way you described the business. I hope that we can live up to that standard for you. I've been with this business for about 6 years, came in here with a very kind of strong belief in where there are gaps in the aviation aftermarket. And you think about when something breaks, you have a new part, a used part or a repair, and you need that some level of service to support any of those 3. And where I think one of the bigger gaps is that they don't really come together in many -- for many of our peers and competitors out there. There's new parts suppliers, use part suppliers and repair suppliers. So what we've built over the