VSE Corporation stock dives as $1 billion share-and-unit sale spooks investors
New York, Feb 2, 2026, 15:09 — Regular session Shares of VSE Corporation dropped roughly 10.4% to $195.93 in Monday afternoon trading after the Miramar-based aviation aftermarket supplier announced a $1 billion stock-and-unit offering. The move aims to finance its planned acquisition of Precision Aviation Group. VSE said it launched underwritten offerings of $650 million in common stock and $350 million in tangible equity units. The company intends to apply the proceeds toward the purchase price; if the deal falls through, funds will be redirected to general corporate purposes.