Press Release

Issued by Prime Turbines.

June 7, 2018

Prime Turbines LLC, a subsidiary of VSE Aviation, Inc. (VAI) has signed a contract with El Colono of Costa Rica for the overhaul of eight PT6A-34AG turboprop engines. El Colono operates 21 aerial application aircraft across Central America specializing in the spraying of banana crops.

The El Colono engines will be overhauled at Prime Turbines' Carrollton, Texas MRO facility. Each engine to be overhauled will be supported by a Prime Turbines rental engine to ensure no downtime for the aircraft while overhauls are completed. The eight engine MRO contract represents a value of approximately $2.2 million over a period of 18 months.

“We have been supporting El Colono for the past six years with engine overhauls, hot section inspections, parts sales and technical assistance,” commented Paul Goffredi, VSE Aviation president and COO. “This new overhaul contract will increase our existing level of effort and is a great vote of confidence and trust in our technicians, services, response time and quality. We appreciate El Colono's faith in us.”

El Colono Agropecuario, S.A. was established in 1978 in Caramri, Costa Rica specializing in sales of agricultural products. Over the years, the company has grown to now employ approximately 3,500 people operating 90 stores that sell agricultural products, construction materials and supplies as well as provide aerial application services in Costa Rica and Panama.

Prime Turbines, LLC is a subsidiary of VSE Aviation, Inc., a VSE Corporation company. Prime Turbines is a leading, independent PT6A maintenance, repair and overhaul company headquartered in Carrollton, Texas with additional facilities in Mesa, Arizona and Pittsburgh, Pennsylvania.