Energetics wins $21.7 million contract from DOE

Alexandria, Va., September 10, 2010 – Energetics Incorporated, a unit of VSE Corp., reported the award of a three-year $21.7 million contract to support the U.S. Department of Energy, Office of Electricity Delivery and Energy Reliability in Washington, D.C.

The contract entails support for two of OE’s main programs, the Electricity Research and Development program and the Smart Grid Investment Grant program. Activities to be performed include program and project management oversight support, strategic planning and technical communications.

Although Energetics has provided consulting services to the OE Research and Development program for many years, the Smart Grid Investment Grant program work is a new activity.

As part of the American Recovery and Reinvestment Act, DOE-OE’s Smart Grid Investment Grant program recently awarded over $3.4 billion in federal funds to 100 smart grid projects across the country.

The projects are designed to create jobs, foster new business formation, and enhance the U.S. electric grid with new smart grid technologies, tools and techniques. Energetics’ role is to support OE in the management and oversight of these 100 projects.

“Energetics has been collaborating with DOE on its electricity sector work for decades, and we are excited about the opportunity to continue and expand our efforts for this key client,” said Energetics Incorporated President, Nancy Margolis.

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