US Logistics, Inc. Wins Major New Contract For USMC Tactical Vehicle Maintenance

Fayetteville, NC /PRNewswire/ -- US Logistics, Inc., a US Government outsourcing contractor specializing in the maintenance, modification, and overhaul of tactical vehicles, aircraft, and aerospace ground equipment (AGE), has been awarded an initial US Marine Corps multi-year contract for tactical vehicle maintenance which, at full maturity with all options exercised, would have total value of nearly $100 million. The US Department of Defense announced on July 1, 2009 that it has selected US Logistics (www.us-l.com ) to provide labor in Barstow, California to support the overhaul and maintenance on several hundred military vehicles returning from Iraq. This time and materials contract is for a base period of 3 months plus 5 option periods each for an additional 6 months. If all of the options are exercised this will be a 33-month effort concluding in March of 2012. The maximum dollar value would reach $98 million if all of the options are exercised. The number of personnel for this contract could rise to a maximum of about 360 persons to support this mission-critical maintenance effort.

Mike Boyce, President of USL, said: "US Logistics is extremely proud to have been chosen to perform this very important maintenance work for the US Marine Corps. This award is solid testimony to the excellence of our people, and the skills that we bring to our Government customers. We are working with the Barstow program office and the Albany, GA contracts office to have personnel on the ground within the next few weeks. US Logistics is capable, over time, of providing this type of highly efficient, cost-effective technical workforce at multiple depots, for multiple large scale maintenance and retrofit programs."

The work on this new Marine Corps contract will be performed at the Marine Corps Logistics Base-Barstow (MCB). MCB is one of three very large support depots in the Marines' national logistics network. Barstow supports Marine forces west of the Mississippi, the Far East and Asia. MCB provides a ready and controlled source of technical competence for the entire array of Marine Corps ground weapon systems and equipment. MCB is the only remaining full capability ground combat support maintenance facility west of the Mississippi River, according to its official website.

MCLB Albany GA is the command center for the national Marine Corps depots, and the contracting office for this new award to US Logistics.

US Logistics operates in the growing military outsourcing arena. The US Government is pursuing competitive sourcing and privatization to free up dollars for its highest priorities, especially modernization. It is within this arena that US Logistics has established its strong reputation for quality, reliability, and cost-effectiveness. The company provides expertise in program and project management, with diverse capabilities which allow it to quickly and proficiently respond to contract requirements and missions. In an array of challenging contracts over its history, US Logistics has completed projects in eight countries and 38 states. The company maintains a lean cost model, and is able to offer its Government or Prime Contractor customers an absolute cost advantage combined with measurably superior quality metrics on a consistent and reliable basis.

US Logistics provides technical and labor services in support of US Department of Defense contracts worldwide, with hundreds of its personnel deployed overseas. In addition to tactical wheeled and tracked vehicle MRO services, US Logistics also services aircraft programs. USL's aircraft programs include corrosion control, wash services, transient alert, maintenance and operations support, technical labor services, and contract field teams.

US Logistics' seasoned management team has on average over 20 years of technical services and logistics experience, with a heavy career focus on vehicular and aircraft logistics support. Most leaders and technicians in the company are ex-military. The Company's excellent track record and steady growth make US Logistics a Partner of Choice for the US Government and selected Prime Contractor partners, including the Marine Corps, Air Force, and other branches of the military. USL focuses internally to be a strong and fair employer, aiming to be an Employer of Choice for entrepreneurial technical services professionals who thrive in the military contracting environment.

Mike Boyce further explained: "At a time when our economy is suffering and so many companies are faltering, US Logistics is proud to be expanding, creating more good jobs for good people. Our prospects for continued growth are outstanding."

Forward-Looking Statements: The Company from time to time may discuss forward-looking information. Except for factual historical information, all forward-looking statements are estimates by the Company's management and are subject to various risks and uncertainties that are beyond the Company's control and may cause actual results to differ materially from management's expectations.

For more information on the web, visit www.us-l.com .

SOURCE US Logistics, Inc.