VSE shares are trading higher after Deutsche Bank raised its price target on the stock from $280 to $290.

VSE Corporation Acquires Atech Turbine Components; Terms Undisclosed

Acquisition Expands VSE Aviation’s Proprietary Engine Component Repair CapabilitiesVSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC, VSECU))), a leading provider of aviation aftermarket distribution

Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.

Citigroup Maintains Buy on VSE, Raises Price Target to $280

Citigroup analyst John Godyn maintains VSE (NASDAQ:VSEC) with a Buy and raises the price target from $263 to $280.