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Stock Market & Financial Investment News

News Breaks
July 5, 2012
06:55 EDTENGENGlobal awarded government defense contract
ENGlobal announced that it is one of three firms that has been awarded a multiple award contract for the procurement of automated fuel handling equipment support services to the U.S. Military. If all options are exercised by the United States Navy, the cumulative value of these fixed-price contracts for the three firms is an estimated $215M and, in that case, work could continue until June 2017. Work will be performed at Department of Defense fuel facilities worldwide, and is expected to be completed by the second quarter 2013.
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