Virginia Beach company wins award for success in international trade
- October 22, 2010
The commonwealth has recognized a Virginia Beach company for its success in international trade.
VSD LLC received the state’s Compass Award for Excellence in International Trade at the recent Virginia Conference on World Trade in Richmond.
VSD provides software engineering, consulting and analysis services. In 2008, it joined the Virginia Leaders in Export Trade Program (VALET). Through it, VSD participated in a visit to Saudi Arabia and. during the past two years, has developed a number of business partnerships in the Middle East.
Since 2008, VSD’s work force has grown 130 percent. The company has been featured on CNN for its work in training the Iraq Navy. VSD also has been awarded a $15 million contract to develop another training program. International sales now account for more than 50 percent of the company’s annual revenue.